A mining financier founded by two former Glencore traders has managed to recoup the bulk of its money at collapsed ASX-listed copper player True North Copper, while their former employer has been forced to dig into its back pocket.
True North will shift its focus from mining to exploration. Louise Kennerley
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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com
