Pala Investment Holdings is located in the tax haven of Zug, Switzerland. It is the investment arm of Russian billionaire, Vladimir Iorich. Pala is the majority shareholder of Sierra Rutile Limited (SRL) and the sole sponsor of African Lion Agriculture (ALA).
Pala Investments Holdings Limited is a private equity and a venture capital firm specializing in start-ups, early stage, and growth capital investments. It also invests in re-financing of public and private companies. The firm invests in mining and natural resources sector with a focus on mining, services and consumables, energy, and infrastructure sectors. Within the mining sector, it focuses on base metals, precious metals, Coal, Uranium, coal-bed methane and industrial minerals. For its investments in services and consumables sector, the firm invests in mining consumables; Mining contractors, Drilling services, mining services, mineral processing, mining and processing technology.
Pala is an investment company focused exclusively on the mining sector. We are long-term partners for value creation and possess a strong track record of developing successful investments.
The expertise of Pala has an extensive team of accomplished mining industry professionals from all over the world and their portfolio companies leverage Pala’s global mining network to drive value
Talking of their track record, Pala was founded in 2006 and, since its inception, has invested in 86 companies in 25 countries across six continents
Pala has a solid track record of working in partnership with the mining, mining services and mining consumables space to unlock value through the following means: Providing capability in strategic and corporate development and providing long-term capital for development and expansion
Identifying M&A opportunities and managing transactions. They Implement business information systems and management processes and augmenting board and management teams with high quality professionals, sourcing skills from its global network and also planning and executing exits for the benefit of all stakeholders.
Pala is a long-term partner and team-member that assists portfolio companies in the development of external and organic growth plans, accessing new markets and building strategic partnerships. Pala also supports its portfolio companies as a source of further growth capital.
As a majority shareholder or passive partner, Pala applies a team-based approach to leverage our extensive sector experience to enhance value in all of our investments. Below are selections of their current investments.
Alacer Gold Corp. was formed following the successful merger of Anatolia Minerals Development, a TSX-listed company and Avoca Resources Limited, Australia’s third largest ASX-listed gold producer, two former Pala portfolio companies. The merger was completed on February 18, 2011.
Through the merger, Alacer Gold has emerged as a leading global intermediate gold producer and explorer with a globally diversified asset portfolio in Australia and Turkey.
“Inherently, Pala ensures that the value creation interest of all shareholders is maintained front and center in the focus of all Company activities. Pala’s involvement has helped the Company greatly improve internal governance and risk management processes. The Pala team is easy to work with; their experience within the capital markets and with other resource investments has offered constructive solutions to operating within the rapidly changing business circumstances.” – Edward Dowling, former Chief Executive Officer, Alacer Gold
AVOCA RESOURCES LIMITED
“Avoca has significantly benefited from the actions of its major shareholder, Pala Investments Holdings Ltd (Pala). Pala was Avoca’s major supporter during its capital raising program for the development of the Higginsville Gold Project in Western Australia, and through Pala Investments AG, continues to provide sound strategic advice on Avoca’s growth plans. I look forward to continuing the strong relationship we have developed with Pala in building Avoca into Australia’s pre-eminent mid-tier gold producer.” – Rohan Williams, Managing Director, Avoca Resources
“Pala is much more than an investor in our company; they act as an advisor with deep mining expertise and connections. They provide us with continuous insights, trends and research about the global mining market, introduce us to potential customers and provide guidance on addressing customer challenges. Pala also promotes collaboration across their portfolio companies which lead to the sharing of ideas to solve customer problems.” Rick Moignard, President and CEO, Gemcom Software International Inc.
Dumas is a leading full-service underground mining contractor providing services for clients throughout Canada, Latin America and West Africa. We specialize in mine construction, mine development, production mining, mine services and engineering.
“Pala’s commitment to the long-term future of Dumas will allow us to provide our customers an expanded offering, both in service range and geography, while maintaining the highest level of quality they have come to expect from Dumas.” – Daniel Dumas, Founder and Chief Executive Officer, Dumas Mining
Nevada Copper owns 100% of the Pumpkin Hollow Copper Development Property in the Walker Lane mineralized belt of Western Nevada.
“During the course of its involvement with Nevada Copper, Pala has assisted on a wide range of initiatives, including the development of corporate strategy, guidance on capital markets and financing alternatives, and the evaluation of M&A opportunities. Pala’s focus on long-term value creation in the mining sector is proving invaluable as Nevada Copper transitions from developer to producer.” – Giulio Bonifacio, Founder, Director, President and Chief Executive Officer, Nevada Copper
SIERRA RUTILE LIMITED
Sierra Rutile Limited is a mining company with operations in the Republic of Sierra Leone. The Group is one of the country’s largest private sector employers and produces rutile, zircon and ilmenite from its world class-deposit for use in industrial applications. The Group’s operations have historically accounted for over 65 per cent of the exports of Sierra Leone.
“Pala has been the driving force behind the success of Sierra Rutile. Upon its initial investment, Pala was quick to understand the value opportunity, and was hugely supportive in the development of our strategic plan, the institutionalization of change, and the optimization of business processes and controls. As a direct result of our partnership with Pala, we have successfully turned-around the business, and with a number of growth projects executed and under development, we have a strong future.” – John Sisay, Chief Executive Officer, Sierra Rutile.
ASIAN MINERAL RESOURCES
Asian Mineral Resources Limited (“AMR”) is developing the Ban Phuc Nickel Project, located 160 km north-west of Hanoi in the Son La Province, which is 90% owned by its subsidiary Ban Phuc Nickel Mines LLC. The remaining 10% is held by AMR’s Vietnamese partner.
“Pala’s experience of working in turnaround situations has been fundamental to Asian Mineral Resources. In the short time since Pala’s investment, full-scale construction has recommenced, a focused roadmap to production has been defined, and the strength of Pala’s financial experience and network has positioned us well to access project financing on attractive terms. Pala’s strategic vision and innovative approach contributes enormously to our company, for the benefit of all stakeholders.” – Simon Booth, Chief Executive Officer, Asian Mineral Resources
NORCAST WEAR SOLUTIONS
“Pala has been an active investor since its ownership of Norcast. Pala brought industry knowledge, professional management and advanced business processes, which enabled Norcast to build and execute an effective strategic plan. Pala’s expertise and insight helped Norcast develop into an undisputed industry leader. There has been great success due to the strong relationship with Pala.”
By Austion Thomas
Tuesday April 29, 2014