Just had a quick look at AMED and any news...found this which was published in June this year. Seems they have a hefty war chest to make deals happen...
"Oakley Capital Corporate Finance (”Oakley”) has advised on and originated a $110m fundraising for the African Minerals Exploration and Development Holdings fund (“AMED”). The fundraising is the first by AMED, which was created by highly experienced executives from the mining industry seeking to develop and exploit newly identified mineral deposits in Africa. The capital raising process for the AMED fund was run by Palmer Capital (“Palmer”), the Oakley Capital Limited fundraising business. Chris Godsmark and Daniel Havercroft at Oakley worked on the deal from the outset.
Chris Godsmark, joint Managing Partner at Oakley, said, "Oakley originated this minerals fund management group through a relationship with a successful and highly experienced management team with a background in previous mining activities. We believe AMED will become one of the leading global mineral exploration funds and will provide its investors with exposure to the long term growth in global demand for industrial minerals such as nickel, iron ore, platinum, fluorspar, rare earth and gold.”
http://www.oakleycapital.com/corporate-finance/news-details.aspx?news_id=32
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