30 Mar AO HOLDINGS TEAM AND GROUP R ZAMBIA REPRESENTED AT THE MINES & MONEY EXPO IN HONG KONG 2015
Cybercity, Ebene, Mauritius 30 March 2015: As one of the biggest events for mining companies and investors alike Mines & Money: Hong Kong 2015 yet again proved to be a premier location to meet with key players in the mining industry, especially those with an Asian focus.
As part of the AO Holdings endeavors to build the “Africa” brand, as a preferred investment destination for especially mining companies, the company sent a delegation to introduce AO and its operating subsidiary Group R Holdings Ltd to meet and network with the Asian mining community.
“As we have seen over the last couple of years Africa holds a plethora of quality investment opportunities for the astute investor, this is driven by Asian (specifically China’s) commodity demand and is quickly starting to be supported by Asian capital as well” said John-Ernest Fogwell CEO of AO Holdings Ltd. “Any company that wants to secure a strong future on the African continent has to build its brand in Asia as well” he continued.
With thousands of delegates attending the Expo it is a fantastic brand establishment and building opportunity whilst meeting decision makers. It is also an established platform to learn what other key players in the market has planned for the immediate future and to understand the many perceptions held about the industry, the African continent and the future of this pivotal sector.
“As a mining contractor with a large exposure to Zambia it was great to see and experience the positive perceptions of Zambia as well as the growing positive attitude towards the continent by the investor community. It was also extremely valuable to meet with so many exploration companies and to now better understand the needs of this key part of the sector. Not only did we leave with a better understanding of their needs but we felt confident that our business strategy is in the right place” said Mr. Hannes van Staden CEO of Group R Holdings Ltd.
One of the key trends that became apparent during the Expo is the need and thus massive opportunity to enter the “Drilling for Equity” or “Mining for Equity” space for junior exploration companies. It is therefore the strong belief that Group R and AO could be ideally positioned to add great value in this segment of the industry.
“We are excited about identifying key new areas were we as a company can offer positive disruption in the market, whilst keeping our focus on that we do best as a group.” Said Fogwell.
More about AO Holdings Ltd
AO Holdings Ltd t/a Africa One Holdings is a Private Equity company based in Mauritius. AOH was founded to identify, implement and leverage the plethora of business opportunities available in Africa. Africa One primarily aims to provide institutional and armchair investors with the opportunity to invest into larger unlisted companies on the Africa continent thus providing shareholders stable, above average growth whilst still enjoying liquidity not normally associated with private equity investments.
More about Group R Holdings Ltd
Group R Holdings Ltd is an operating division of firm AO Holdings Ltd (“Africa One”), a Private Equity investor into the mining industry. Group R commenced their African operations with a turnkey underground development and mining contract in Mali on behalf of Randgold Resources. Since then they have grown into a key role player in mechanised underground mining in Zambia, South Africa and is busy setting up their Botswana operations.