Denham Capital strikes $65 mln mining deal with JDS Silver
U.S. resource private equity firm Denham Capital announced its partnership with JDS Silver Inc, a Vancouver-based mining company. Under the terms of the partnership, Denham provided US$65 million in funding to JDS Silver to complete construction and bring into production the Silvertip Mine in Northern British Columbia. The property, a high-grade silver-lead-zinc mine, has been under construction since late 2015 and is expected to begin production this month. Established in 2012, JDS Silver is led by CEO Jeff Stibbard. Denham said the company is its first investment in the Canadian mining industry.
27 September 2016•3 mins read
