Sefton A. SolomonChief Financial Officer

areas of expertise
- Over 25 years capital markets experience
- Deal Structuring & Financing
- Fund Management
- Financial Management & Compliance
education
- B.A. Wits, Johannesburg
- M.B.A. Wits, Johannesburg
- M.Phil, College d’Europe, Bruges, Belgium
Sefton has over 25 years capital markets experience. His mining/resources highlights include:
- first AAA rated Eurobond for Australian railways,
- financing of Olympic Dam (then Western Mining now BHP Billiton),
- SAGASCO LNG deal with Japan LNG
- First ever swap with GMAC Australia rated AAA (at the time the largest issuer of paper in the world)
- Wesizwe Platinum ($877M) (advisor to Jinchuan SA)
- Metorex ($1.3Bn) (advisor to Jinchuan SA)
- Signed a 500,000tpm iron ore formal off-take agreement in 2015 with a major global trading house. This was designed to enable BEE-transformation of the iron ore mining sector in SA. Negotiated the full terms and conditions with favourable financial support. Iron ore destination: Germany and China.
Formed Intresco Ltd – managed private investment funds since 1996 in Europe. He has been back in SA since ~2004 – worked with Hong Kong Mining Exchange Group on multiple mining investments: analysis, negotiation and due diligence (pgm’s, chrome, uranium, iron ore, manganese, gold, nickel, etc.)
Involved in the Energy-Metallurgical cluster development in Musina, Limpopo SEZ, in South Africa. This is a huge investment from China (~$15Bn) comprising thermal power station, coking coal plant, ferro-chrome, ferro-manganese, ferro-silicon plants, steel plant & stainless-steel plant. The project also has direct spinoffs to the raw material supply side from surrounding mines including coal, iron ore, manganese, chrome, silica, limestone, etc.