Pipeline
A sourced pipeline across South Africa's full commodity base.
AMF has sourced 71 Prospecting Rights across every major South African commodity group. Projects are selected for funding on diligence readiness and bankability.
- 71
- Prospecting Rights sourced
- 49
- Accepted or approved by DMRE · 69%
- 6
- Provinces
- 6
- Commodity groups
By primary commodity
Commodity mix
- Coal30 · 42%
- Manganese & Iron Ore26 · 37%
- PGM & Chrome9 · 13%
- Aggregate & Construction4 · 6%
- Battery & Critical Metals1 · 1%
- Diamonds1 · 1%
By province
Geographic spread
- Northern Cape25 · 35%
- Mpumalanga18 · 25%
- Gauteng9 · 13%
- North West9 · 13%
- Limpopo5 · 7%
- KwaZulu-Natal5 · 7%
Portfolio construction
Coal is 42% of rights by count. Manganese and iron ore together with PGMs and chrome make up a further 49%, giving the portfolio significant non-coal optionality.
Projects are chosen for funding on diligence readiness and bankability, not to weight the portfolio toward any single commodity. This lets Fund I build a portfolio with exposure to bulk commodities, precious metals and the critical minerals needed for the energy transition.