Mineral & Financial was created out of a former marketing and technology cash shell in 2009 to take advantage of opportunities in gold, commodities and mining equities markets. It was initially called Hameldon Resources, but subsequently changed its name twice, first to Athol Gold, and then to the current name, Mineral & Financial Investments.
Market volatility and an early emphasis on unquoted and illiquid shares meant that the company’s fortunes fluctuated severely until Alastair Ford was appointed Chief Investment Officer in July 2012. At that stage a lengthy process of portfolio rationalisation was initiated, underperforming assets were liquidated or written off, and there was a new focus on larger, more liquid investments.
The company also undertook a share consolidation, and two new directors were appointed in May and July of 2013 respectively, at which point new money was also raised.