Natural resources · Investment · Advisory

Active capital.
Informed conviction.

We invest in selected public and private natural-resource companies and work alongside management teams to help create strategic and financial momentum.

Junior mining expertise across public and private markets, with a primary focus on Brazil and selected opportunities in Australia and Canada.

About SXB

A boutique firm built around conviction and access.

SXB Partners is an investment and strategic advisory firm active in the natural-resources sector. We invest in listed and private companies where we have strong conviction.

Beyond capital, we work closely with management teams by originating opportunities, facilitating strategic partnerships and introductions, and supporting financing and M&A initiatives.

SXB Partners Corp is incorporated in the British Virgin Islands, with leadership based in São Paulo and New York.

What we do

Active involvement,
where it can matter.

01

Active investment

We invest our own capital and, in selected situations, work with investment partners to provide capital. We also contribute our experience and relationships to help advance the investment case.

02

Strategic introductions

We connect management teams with relevant investors, advisers, operators and industry participants across our network.

03

Financing & M&A

We help companies think through financing alternatives, strategic transactions, partnerships and routes to value creation.

04

Capital introductions

For selected situations, we facilitate conversations with prospective investors and strategic capital providers.

Investment approach

Opportunity changes with the stage of the asset.

We look across the development cycle, from discovery and resource definition through financing, construction and production, where catalysts and risk are clearly understood.

The Lassonde Curve showing the typical valuation cycle of a mining project from exploration through discovery, feasibility, construction, ramp-up and reserve depletion.
Illustrative industry framework, not a forecast. Select the chart to view it at full size.

Selected companies & projects

Investments and opportunities
within our field of view.

Examples of public and private companies and projects in which we have invested or that are of interest to us. Inclusion does not imply a current holding or advisory mandate in every case.

GoldListed · Canada

Belo Sun Mining

Development-stage company advancing the Volta Grande Gold Project in Pará, Brazil.

Company website ↗
Rare earthsListed · Canada

Aclara Resources

Developing heavy rare-earth projects in Brazil and Chile, alongside downstream separation capabilities in the United States.

Company website ↗
GoldListed · Canada

Cabral Gold

Advancing the Cuiú Cuiú Gold District in Brazil’s Tapajós region.

Company website ↗
Rare earthsListed · Australia

Arafura Rare Earths

Developer of the Nolans rare-earths project in Australia’s Northern Territory.

Company website ↗
GraphitePrivate · Brazil

Grafite Mendonça

Early-stage natural-graphite opportunity in the Ribeira Valley of São Paulo State, Brazil.

Private company

Indicative performance

A strategy shaped by concentrated conviction.

The figures shown are taken from Richard Gnouma’s Interactive Brokers account. They are unaudited and are not the performance of a fund available to outside investors.

~120%Year to date
~225%Trailing one year
~300%Since inception
YTD
1 year
Since inception

Approximate figures reported by Interactive Brokers from Richard Gnouma’s account. Returns may include realized and unrealized gains, have not been independently verified and do not predict future results. Methodology and valuation dates are available on request.

Partners

Experience across markets,
transactions and mining.

JMD

Jean-Marc Dreyer

Co-founder · São Paulo

Brings approximately 35 years of M&A and financing experience, including extensive work with mining companies and projects.

RG

Richard Gnouma

Co-founder · New York

Former licensed stockbroker with experience and relationships across New York finance, Canadian equity markets and the mining sector.

Contact

Discuss an opportunity.

We welcome conversations with management teams, owners, investors and strategic partners in situations where SXB can contribute capital, access or transaction experience.

info@sxbpartners.com
São PauloNew YorkBVI incorporated