2249: Metals One goes big in South African gold and power

from The Vox Markets Podcast · host Vox Markets Podcast

Watch on YouTubeMetals One #MET1 is investing US$1.8 million in Lions Bay Resources via a convertible loan note, payable in two tranches. Lions Bay owns a sizeable plant in South Africa which can be used to supply power and steam to nearby customers. The plan, though, is to build in a roasting facility that will allow the plant to treat refractory gold ore from waste dumps, and build up a significant production profile. Metals One managing director Dan Maling joins Vox to explain how it all fits together.

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This episode was published on November 27, 2025.

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