A close-up of a bison standing in snow, with snow on its dark, shaggy fur and large, curved horns, against a white background.

Our Investment Mandate


Transvaal VC is a sector-specialist investor in mining and its ecosystem, backing projects and businesses that drive sustainable resource development. We deploy capital with a clear path to return on investment (ROI) while aligning our interests with those of our investees, communities, and the environment.

Our investment mandate spans:

  • Mining projects (mainly startups)

  • Mining technology & innovation

  • Mining contractors & service providers

  • Entrepreneurs supplying major miners & Eskom

  • Energy solutions tied to mining operations

We operate across South Africa, financing ventures with start-up capital ranging from ZAR 1 million to ZAR 25 million. Our flexible funding model includes:

  • Convertible notes (aligning risk with growth potential)

  • Equity financing (for high-upside opportunities)

  • Revenue/royalty-based financing (repayment tied to production)

  • Joint Ventures & Co-Development Structures (shared stakes or profit-sharing agreements

  • Offtake-Linked Prepayments (upfront capital in exchange for committed future volumes)

Unlike traditional venture capital, we prioritize real cash flow over speculative exits. Our repayment mechanisms—whether through revenue sharing, royalties, joint ventures, or offtake prepayments—are designed to mirror the business’s financial cycle, ensuring obligations are met without stifling growth.

Holistic Value Creation

Mining must benefit more than the bottom line. Our investment terms mandate:

  • Community empowerment (jobs, skills transfer, local procurement)

  • 100% local sourcing where South African SMEs can compete

  • Environmental stewardship, including:

    • Rehabilitation of mined land

    • Repurposing degraded sites into solar farms, battery storage, or digital infrastructure (e.g., data centers, rural broadband hubs)

    • In the 1st Quarter of 2026, we will launch the Critical Fund, which will, as part of its mandate, fund the development of renewable projects on mined-out properties.

Resilience Through Partnership

By tying capital recovery to operational cash flow and embedding social and environmental impact into every deal, we deliver durable, inclusive returns: financial, social, and ecological.

Transvaal VC invests where mining’s future meets sustainable transformation.