Lemur Resources Limited #40316
Created at
2014-02-21
Last update
2020-01-22
Involvements (3)
ID
Name
Imaloto Power Project
Country of registration/origin
Madagascar
Classification
Private company
Relationship
Subsidiary company
Comment
Lemur took the project over from Coal Mining Madagascar SARL.
ID
Name
Bushveld Minerals Limited
Country of registration/origin
South Africa
Classification
Stock-exchange listed company
Relationship
Parent company
Parent relation
Subsidiary of parent company
Ownership share
100 %
Comment
Lemur Holdings is a wholly owned subsidiary of Bushveld Minerals and is the company’s coal and power platform.
ID
Name
Development Bank of Southern Africa
Country of registration/origin
South Africa
Classification
Bilateral Development Bank / Development Finance Institution
Relationship
Tertiary investor/lender
Investment type
Debt financing
Comment
In April 2019 Lemur Holdings raised US$1 million from the Development Bank of Southern Africa toward the project.
Deals (Involvements as Operating company) (1)
ID
Target country
Madagascar
Intention of investment
Mining
Current negotiation status
Concluded (Contract signed)
Current implementation status
Startup phase (no production)
Deal size
8 125 ha