Demand for commodities carries natural resources IPOs

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Demand for commodities carries natural resources IPOs

Issue: 1146 - 19 March 2010

Keywords: African Barrick Gold, Optimum Coal,

The strongly performing natural resources sector won equity investors’ renewed attention this week. African Barrick Gold’s £600m IPO was closing as EuroWeek went to press and South Africa’s Optimum Coal aimed to close its R1.52bn ($208m) float early next week, while Norwegian oil giant Statoil announced that it would spin off its retail assets through a major IPO in Q4. ..

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