Sprott and Chinese firm set $500 million minerals fund

By Cecilia Jamasmie

Toronto-based funds manager Sprott Inc (TSX:SII), together with Zijin Mining Group Co and Americas Now Resources Investment Management Corp. will create a $500 million metals and minerals fund to invest mostly in equities and debt instruments related to gold, precious metals, copper and minerals.

According to Reuters, Zijin —which is …read more

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