{"id":233417,"date":"2021-07-28T17:56:42","date_gmt":"2021-07-28T09:56:42","guid":{"rendered":"https:\/\/charltonsnaturalresources.com\/?p=233417"},"modified":"2021-08-16T11:28:23","modified_gmt":"2021-08-16T03:28:23","slug":"billionaire-establishes-us1-4-billion-dollar-gold-fund","status":"publish","type":"post","link":"https:\/\/charltonsnaturalresources.com\/en\/billionaire-establishes-us1-4-billion-dollar-gold-fund\/","title":{"rendered":"Billionaire establishes US$1.4 billion dollar gold fund"},"content":{"rendered":"[et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;CNR NEWSLETTER&#8221; module_class=&#8221;cnl-wrapper&#8221; _builder_version=&#8221;4.4.3&#8243; locked=&#8221;off&#8221;][et_pb_row admin_label=&#8221;Header&#8221; module_class=&#8221;cnr-nl-header&#8221; _builder_version=&#8221;4.4.3&#8243;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.4.2&#8243;][et_pb_text admin_label=&#8221;Header&#8221; _builder_version=&#8221;4.9.7&#8243;]<div class=\"cnl-header\">\r\n<div class=\"cnl-type\">NATURAL RESOURCES<\/div>\r\n<div class=\"cnl-issue\">News<\/div>\r\n<\/div>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=&#8221;Logo&#8221; _builder_version=&#8221;4.4.3&#8243;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.4.3&#8243;][et_pb_text admin_label=&#8221;Logo&#8221; _builder_version=&#8221;4.9.4&#8243;]<div class=\"cnl-logo\">\r\n<img decoding=\"async\" src=\"\/legal\/newsletters\/cnl_logo.jpg\" alt=\"Charltons Natural Resources\" \/>\r\n<\/div>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=&#8221;Banner&#8221; _builder_version=&#8221;4.9.1&#8243;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.4.3&#8243;][et_pb_text admin_label=&#8221;Banner&#8221; _builder_version=&#8221;4.9.7&#8243;]<div class=\"cnl-banner\">\n<div class=\"cnl-banner-image\"><img decoding=\"async\" src=\"\/legal\/news\/2021\/07\/billionaire-establishes-us1.4-billion-dollar-gold-fund.jpg\" alt=\"Billionaire establishes US$1.4 billion dollar gold fund\" \/><\/div>\n<div class=\"cnl-title\" style=\"background-color:rgba(0,0,0,0.2)\">\n<div>\n<span>July 2021<\/span>\n<h1>Billionaire establishes US$1.4 billion dollar gold fund<\/h1>\n\n<\/div>\n\n<\/div>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=&#8221;Text&#8221; _builder_version=&#8221;4.9.1&#8243; _module_preset=&#8221;default&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.9.0&#8243; _module_preset=&#8221;default&#8221;][et_pb_text _builder_version=&#8221;4.9.7&#8243; _module_preset=&#8221;default&#8221;]<p class=\"mt-40\" >Naguib Sawiris, an Egyptian billionaire has established a US$1.4 billion fund to hold his own mining investments and to pursue new opportunities in the mining sector. The fund will also invest in battery metals that are required for electric vehicles. The fund will be used as a vehicle to invest in some of the smaller miners and to encourage consolidation among the small miners through M&#038;A. The founder of the fund has also said that the fund will be used to assist companies with their expansion through exploration and new mines. <\/p>\n\n\n<p>Source: <a href=\"https:\/\/www.ft.com\/content\/5cc8e9a5-3c2a-40a0-b795-e526dbb31104\" target=\"_blank\" rel=\"noopener\">https:\/\/www.ft.com\/content\/5cc8e9a5-3c2a-40a0-b795-e526dbb31104<\/a><\/p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=&#8221;Button Navs&#8221; _builder_version=&#8221;4.4.3&#8243;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.4.3&#8243;][et_pb_text admin_label=&#8221;navs&#8221; _builder_version=&#8221;4.9.1&#8243;]<div class=\"cnl-bott-navs\">\r\n<div><span><\/span><a href=\"https:\/\/charltonsnaturalresources.com\/en\/investment-opportunities-and-critical-minerals\/\" target=\"_self\">Investment opportunities and critical minerals<\/a><\/div>\r\n<div><a href=\"https:\/\/charltonsnaturalresources.com\/en\/rio-tinto-approves-lithium-investment\/\" target=\"_self\">Rio Tinto approves lithium investment<\/a><span><\/span><\/div>\r\n<\/div>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=&#8221;Legal Advice&#8221; _builder_version=&#8221;4.9.1&#8243;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.4.3&#8243;][et_pb_text admin_label=&#8221;Legal Advice&#8221; _builder_version=&#8221;4.9.4&#8243;]<div class=\"cnl-legal-advice\">\r\n<h3>This newsletter is for information purposes only.<\/h3>\r\n<p>Its contents do not constitute legal advice and it should not be regarded as a substitute for detailed advice in individual cases.\r\nTransmission of this information is not intended to create and receipt does not constitute a lawyer-client relationship between Charltons and the user or browser.\r\nCharltons is not responsible for any third party content which can be accessed through the website.<\/p>\r\n<p>If you do not wish to receive this newsletter please let us know by emailing us at <a href=\"mailto:unsubscribe@charltonslaw.com\">unsubscribe@charltonslaw.com<\/a><\/p>\r\n<\/div>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row disabled_on=&#8221;on|on|on&#8221; admin_label=&#8221;Footer&#8221; _builder_version=&#8221;4.4.3&#8243; disabled=&#8221;on&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.4.3&#8243;][et_pb_text admin_label=&#8221;Footer&#8221; _builder_version=&#8221;4.9.1&#8243;]<div class=\"cnl-footer\">\r\n        <div class=\"cnl-footer-award\">\r\n                <div>\r\n                       <img decoding=\"async\" src=\"\/legal\/newsletters\/cnl_logo_footer.png\">\r\n                        <h2>Boutique Transactional Law Firm of the Year 2017<\/h2>\r\n                        <span>Asian Legal Business Awards<\/span>\r\n                <\/div>\r\n        <\/div>        \r\n<\/div>\r\n<div class=\"cnl-foot-address\">\r\n        <div>Hong Kong Office: Dominion Centre, 12th Floor, 43-59 Queen\u2019s Road East, Hong Kong Tel: + (852) 2905 7888 Fax: + (852) 2854 9596<\/div>\r\n        <div>Website: <a href=\"https:\/\/www.charltonslaw.com\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/www.charltonslaw.com<\/a><\/div>\r\n<\/div>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]","protected":false},"excerpt":{"rendered":"<p>NATURAL RESOURCES News July 2021 Billionaire establishes US$1.4 billion dollar gold fund Naguib Sawiris, an Egyptian billionaire has established a US$1.4 billion fund to hold his own mining investments and to pursue new opportunities in the mining sector. The fund will also invest in battery metals that are required for electric vehicles. The fund will be used as a vehicle to invest [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":233422,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","inline_featured_image":false,"fifu_image_url":"https:\/\/charltonsnaturalresources.com\/legal\/news\/2021\/07\/billionaire-establishes-us1.4-billion-dollar-gold-fund-thumb.jpg","fifu_image_alt":"Billionaire establishes US$1.4 billion dollar gold fund","footnotes":""},"categories":[23],"tags":[],"class_list":["post-233417","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","cat-23-id"],"_links":{"self":[{"href":"https:\/\/charltonsnaturalresources.com\/en\/wp-json\/wp\/v2\/posts\/233417","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/charltonsnaturalresources.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/charltonsnaturalresources.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/charltonsnaturalresources.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/charltonsnaturalresources.com\/en\/wp-json\/wp\/v2\/comments?post=233417"}],"version-history":[{"count":6,"href":"https:\/\/charltonsnaturalresources.com\/en\/wp-json\/wp\/v2\/posts\/233417\/revisions"}],"predecessor-version":[{"id":233519,"href":"https:\/\/charltonsnaturalresources.com\/en\/wp-json\/wp\/v2\/posts\/233417\/revisions\/233519"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/charltonsnaturalresources.com\/en\/wp-json\/wp\/v2\/media\/233422"}],"wp:attachment":[{"href":"https:\/\/charltonsnaturalresources.com\/en\/wp-json\/wp\/v2\/media?parent=233417"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/charltonsnaturalresources.com\/en\/wp-json\/wp\/v2\/categories?post=233417"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/charltonsnaturalresources.com\/en\/wp-json\/wp\/v2\/tags?post=233417"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}