The new venture will review opportunities in a wide range of minerals including gold, platinum group metals, iron ore, coal and copper.
It will look at opportunities across all stages of the project life cycle, from derisking, to resource expansion, to cash flow development and including operating assets, Denham said.
The venture will target the geologically rich resources of Africa, which face shortages of the necessary risk capital and managerial and entrepreneurial expertise required for their development.
