Lynx Resources Ltd was established to acquire the SASA lead-zinc mine in Macedonia in November 2015.
The SASA mine is one of the largest zinc, lead and silver mines in Europe, producing approximately 30,000 tonnes of lead, 22,000 tonnes of zinc and 400,000 ounces of silver in concentrates per annum, and is supported by competitive first quartile cash costs and a long resource life.
Lynx Resources was established in 2015 by Fusion Capital, a Swiss based mining management team with significant experience from senior roles at the world’s largest zinc and lead mining and smelting company, and the Orion Mine Finance Group, one of the world’s leading mining-focused private equity businesses with an active presence in Europe and who have approximately USD 1.8 billion under management.
Through its acquisition of the SASA mine, Lynx Resources is well positioned to take advantage of an impending tightness in zinc and lead concentrates due to the recent closure of a number of large zinc/lead mines, and a lack of new projects globally.
Lynx Resources operates in line with leading industry practices for safety, environment and sustainability. The company strategy is to grow further through acquisitions, exploration and development.
Lynx Resources has offices in Macedonia, Switzerland and Bermuda.