Medu II
Medu II has been formed to make privately negotiated equity and equity-related investments.
Medu II had its final closing in May 2008. The fund has capital commitments of R900 million.
Vergenoeg Mining Company
Date of investment: August 2009
| Shareholding | |
|---|---|
| Medu II | 15% |
| Minersa | 85% |
| Medu Capital Board Representatives | Ernest January |
| Siyabonga Nhlumayo | |
Business description
- Vergenoeg Mining Company is South Africa’s largest producer of fluorspar




