The Mission – MFC is focussed on the discovery, acquisition, development and financing of quality precious and base metal properties.
Investment Strategy – the MFC object is to identify quality exploration and mining projects with strong fundamentals, and appropriate and sensibly priced valuations. Projects considered range from grassroots exploration through to producing assets.
MFC is flexible in it’s financing and uses a variety of investment strategies to suit the circumstances. The nature of private equity provides significant scope to tailor a strategy to suit the requirements of the investment and commonly includes equity via private placements and convertible debt.
MFC invests across both private and public markets in the mining sector and also looks at buyout and distressed investment opportunities.
Operation Strategy – MFC as managing shareholder works closely with the companies that it’s invests in, and partners through a practical hands-on approach to build strong, successful businesses. The company uses strategies that are designed to produce early and sustainable returns to shareholders and long-term benefits to the local communities in which it operates.
Sustainable Development – is “development that meets the needs of the present without compromising the ability of future generations to meet their own needs.” In the minerals sector, this means that investments in projects must be financially robust and profitable, technically appropriate, environmentally sound and socially responsible.
Executive Team – is composed of successful industry professionals with extensive global experience in all aspects of the mining industry – exploration, project evaluation, mine development, mineral processing, mine operations and industry finance.
Corporate Executive Experience – The executive team has extensive world-wide experience in all aspects of the mining industry, including over twenty years hands-on experience in the Indochina region. This experience is in addition to extensive exploration and mining in Papua New Guinea, Solomon Islands and Australia.
Additionally MFC can draw on an extensive pool of mining expertise in Australia and internationally to complement its in-house skills to maximise the value of the company’s resource opportunities.
Regional Focus and Project Generation – since incorporation regional focus has largely been South-East-Asia (Indochina), where MFC has been actively involved in project generation, exploration and early stage project financing in Vietnam, Laos, Cambodia and Myanmar.
Such involvement has culminated a practical understanding of business in the region by its executives.
Exploration Successes – MFC as founding shareholder of Vietnam Resources Corporation (VRC) now Axiom Mining has been credited with several exploration successes. One was the field identification and permitting of the “world-class” Nui Phao polymetallic tungsten deposit in northern Vietnam, the largest tungsten mine outside of China, currently operated Masan Resources.
Nui Phao is one of world’s largest tungsten deposits, with 52.5 proven million tons of ore with average WO3 (tungsten trioxide) grade of 0.21%.
Nui Phao is the largest producer of tungsten outside China, and among the largest producers of acid-grade fluorspar and bismuth in the world.
Annual production generates revenue in the range of US$500 million and approximately US$250-300 million in EBITDA annually. Total development costs were in the range of US$1 billion.
A further notable success was the discovery of the undeveloped Pu Sam Cap porphyry, iron-oxide, and epithermal gold, and copper project(s) in Lai Chau Province, Vietnam.
Pu Sam Cap
Olympic Dam is one of the world’s largest mines, is the fourth largest copper deposit and the largest known single deposit of uranium in the world.
In Indochina, particularly Vietnam and Lao this involvement has resulted in the accumulation of an extensive and valuable database covering a wide range of mineral deposits. This database provides MFC with a proven “first-mover” advantage with respect to assessing and acquiring additional exploration projects.
Corporate Responsibility – MFC builds and maintains a strong relationship with the indigenous and local communities where it operates ensuring long-term benefits to the local communities where it operates.
The Passion – MFC’s management team, above all else provides many years of pragmatic and professional experience, and an on-going passion to acquire and develop sustainable high-margin cash-producing mineral deposits.