Yup: Egypt's Naguib Sawiris vends La Mancha shares into new, $1.4bn gold-focused fund

GOLD bull Naguib Sawiris, the Egyptian entrepreneur who helped bankroll Endeavour Mining, announced today the creation of a fund primarily pointed towards the development of junior mineral gold resources. The fund is currently invested in $1.4bn of assets comprising of Sawiris existing investments previously held in La Mancha Holding. The new vehicle - La Mancha [...] The post Egypt's Naguib Sawiris vends La Mancha shares into new, $1.4bn gold-focused fund appeared first on Miningmx.