Billionaire targets more African deals

LA Mancha Holding, the private company headed by billionaire Egyptian gold bug Naguib Sawiris is seeking a key role in the consolidation of the gold sector in Africa.

Billionaire targets more African deals Billionaire targets more African deals Billionaire targets more African deals Billionaire targets more African deals Billionaire targets more African deals

La Mancha recently paid US$126 million for a 30% stake in Golden Star Resources

The company's new CFO Karim-Michel Nasr told MNN sister publication Mining Journal "we are interested in M&A, although we are not empire builders - our aim is to build shareholder