First Mining Finance

Company profile

First Mining Finance company profile

First Mining Finance is a development company with a diversified portfolio of gold projects. Its business model is to acquire mineral assets that are currently trading at very low valuations and holding or banking these assets until the capital markets for commodities and mining projects improve. At that point, they would add value for their shareholders by entering into agreements with other parties which would move the projects forward through exploration, development, and production while First Mining Finance holds a residual interest in the project in question. The residual interest may be in the form of royalties, metal streams, minority interests, or equity positions in the counterparty that is moving the project forward.