Tembo Capital’s latest fund, Tembo Capital Mining Fund III, has a fundraising target of $300 million.

A Guernsey closed-ended investment scheme, Tembo Fund III will follow a similar investment strategy as Tembo’s first two funds and invest in high quality, undervalued assets owned by mid-tier and junior mining companies. These opportunities may include exploration ventures, near term production ventures, royalties, operating mines, infrastructure of metals and mining projects, and ...