Ex-Gold Fields CEO targets $1B Africa mining fund
Chris Griffith, former CEO of Gold Fields, has joined a private equity venture seeking to raise $1 billion to invest in African critical minerals. He is working with Colin Coleman and Sam Jonah, and said fundraising is at an early stage. Griffith stepped down as Gold Fields CEO in December 2022 after its bid for Yamana failed.
Why it matters: The move underscores the theme of critical minerals as a driver of private capital flows into Africa.