Webber Aids Denham In $200M Step Into Africa's Mines

Law360, New York (November 9, 2011, 4:43 PM EST) -- Denham Capital Management LP has teamed up with Pangea Exploration LLC, a South African mining company, in a $200 million joint venture to tap gold, platinum, coal and other resources in mineral-rich but capital-poor Africa, the energy-focused private equity firm said Wednesday.

The new venture will look at opportunities across the continent, from coal mining in Mozambique, diversification away from diamonds in Botswana's mining industry, and development of iron ore and gold mines in West Africa, Denham Capital said.

“[Pangea is] uniquely well positioned to create...
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