Deals

Year's Best Commodities Fund Is Betting on 2018 Mining M&A

Commodity Capital returned 106% in 2017, beating larger funds
Sees opportunities in Nevada given Trump’s permitting plans

Liquid gold flows from a furnace into individual casting molds to create 28 kilogram gold bars in the foundry at the South Deep gold mine, operated by Gold Fields Ltd., in Westonaria, South Africa, on Thursday, March 9, 2017.Photographer: Waldo Swiegers/Bloomberg

Provide news feedback or report an error

Confidential tip?

Send a tip to our reporters

Site feedback:

Take our Survey

By Susanne Barton

December 29, 2017 at 12:00 AM UTC

Updated on

December 29, 2017 at 11:40 AM UTC

This article is for subscribers only.

This year’s best-performing commodity fund is betting on more mining companies turning to deal-making for growth in 2018.

Commodity Capital Global Mining Fund racked up returns of 106 percent this year, the best performance among 409 commodity-focused funds tracked by Bloomberg, excluding exchange-traded products. Now it’s seeking out junior companies in safe jurisdictions with solid reserves.