What Taurus fund does

Taurus Funds Management is an Australian private fund management firm, founded in 2006 and headquartered in Sydney with additional offices in Perth and a UK satellite office. The company provides bespoke financing solutions to small and mid-tier global metals and mining companies that are nearing or in production, deliberately excluding oil & gas, mining accommodation, and mining services. It operates three integrated product lines — Mining Finance (project and acquisition debt), Royalty and Streaming (royalty and stream finance for life-of-mine distributions), and Private Equity (growth capital in private and listed mining companies) — deployed through dedicated fund vehicles including Taurus Mining Finance Fund No. 2 L.P. and Taurus Mining Royalty Fund.

The firm earns returns through semi-annual income distributions from coupons and fees on its debt book, passive recurring distributions from royalty and stream revenues for the life of mine, and structured equity returns via royalties, offtake of physical metal, and warrants. All investment terms are negotiated directly on a bespoke, case-by-case basis with no publicly disclosed pricing. The firm is regulated under Australian Financial Services License 307723 (ACN 129 188 450) and is a signatory to the UN Principles for Responsible Investment, aligning investee ESG practices with the UN Global Compact, ICMM principles, and ILO core labor standards.

The visible portfolio spans counterparties including Resolute Mining, Teranga Gold, West African Resources, Robex Resources, Taseko Mines, Anglo American, American West Metals, Aston Bay Holdings, Ballymore Resources, Gold Royalty Corp, and Lifezone Metals, with geographic reach across Australia, Africa (Tanzania, Burundi, West Africa), and the Americas (Brazil), and a stated geographic restriction on USA-domiciled investors. Recent disclosed transactions include a $60 million senior secured bridge loan facility to Lifezone Metals for the Kabanga Nickel Project in Tanzania (with $25 million drawn at commitment) and a $22.5 million acquisition of a 50% economic interest in the Borborema gold royalty in Brazil.

Name

Taurus fund

Legal name

Taurus Funds Management Pty Limited

Website

https://taurusfunds.com.au

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

11–50 employees

Short description

Taurus Funds Management is an Australian private fund manager, founded in 2006, that provides bespoke debt, royalty/streaming, and private equity financing to small and mid-tier global metals and mining companies nearing or in production. It is regulated under AFSL 307723 and is a UN PRI signatory.

Ownership category

akta.pro rank

Headquarters

HQ city

Sydney

HQ country

Australia

HQ region

Oceania

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Mining Finance - Coupon and Fee Revenue: Taurus provides project and acquisition finance debt to emerging mining and metals companies to finance or refinance project developments. They seek semi-annual income distributions from coupons and fee revenue.
2. Royalty and Streaming - Recurring Royalty Revenue: Taurus provides royalty and stream finance to mining and metals companies. They seek passive recurring distributions from royalty and/or stream revenues for the life of mine, with an ability to capture commodity price and project upside.
3. Structured Equity - Real Asset Returns: Taurus seeks real asset return through structured equity for life of mine in the form of royalties, offtake of physical metal or warrants. This includes investments in small and mid-cap mining companies with strong growth potential, both in private and listed companies.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Taurus Funds Management provides bespoke financing solutions to small and mid-tier global metals and mining companies nearing or currently in production. Its offering comprises three integrated financial products: Mining Finance (project and acquisition finance debt with semi-annual coupon and fee distributions), Royalty and Streaming (royalty and stream finance delivering passive recurring life-of-mine distributions with commodity price upside), and Private Equity (growth equity investments in small and mid-cap mining companies, both private and listed). The firm exclusively serves the metals and mining sector and does not invest in related industries such as oil & gas, mining accommodation, or service companies.

Product overview

Taurus Funds Management is a bespoke financing solutions provider for global mid-tier and junior mining companies. The company operates three integrated financial products: Mining Finance (project and acquisition finance debt), Royalty and Streaming (royalty and stream finance), and Private Equity (growth equity investments). These products collectively address the financing needs of mining companies across development, production, and expansion phases, targeting semi-annual income distributions and life-of-mine returns through royalties, offtake, and equity participation.

Differentiator

Problem solved

Functional benefit

Products and services

• Mining Finance Taurus provides project and acquisition finance debt to emerging mining and metals companies to finance or refinance project developments. It seeks semi-annual income distributions from coupons and fee revenue, and real asset return through structured equity for life of mine in the form of royalties, offtake of physical metal, or warrants. Targeted at small to mid-tier global metals and mining companies nearing or currently in production.
• Royalty and Streaming Taurus provides royalty and stream finance to mining and metals companies contributing to the finance of project development, and acquires existing royalties and streams from individuals, institutions, and/or mining companies. It seeks passive recurring distributions from royalty and/or stream revenues for the life of mine, with an ability to capture commodity price and project upside.
• Private Equity Taurus invests in small and mid-cap mining companies with strong growth potential, including both private and listed companies. The structure is necessary because liquidity is generally lower in the development stage and equity is often tightly held; liquidity generally improves as projects are commissioned, providing an opportunity to divest.

Named customers9 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core.

• United Nations Global CompactcoreOthersTaurus supports the UN Global Compact, the Universal Declaration of Human Rights and the International Labour Organisation's core labour principles as part of their ESG commitment. They are a signatory to the UN Principles for Responsible Investment.
• International Council for Mining and Metals (ICMM)coreOthersTaurus actively promotes the International Council for Mining and Metals principles and processes in investee companies as part of their ESG policy.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Tembo Capital: Mining-focused private equity and royalty fund manager investing across Africa and emerging markets. Comparable to Taurus on geographic profile (Africa exposure) and equity/royalty structures.
• Franco-Nevada Corporation: The world's largest precious metals royalty and streaming company, with a diversified portfolio of royalties, streams, and oil & gas interests. Most directly comparable to Taurus on the Royalty and Streaming side of the platform, though at vastly greater scale.
• Resource Capital Funds: Mining-focused private equity manager with a multi-cycle track record of providing growth capital to junior and mid-tier miners globally. Directly comparable to Taurus' Private Equity product line and target customer segment.
• Orion Resource Partners: Global alternative investment manager focused on mining and metals, providing royalty, streaming, debt, and equity financing to mining companies. Closely matches Taurus' multi-product mining-focused model.
• Maverix Metals: Royalty and streaming company with a portfolio of precious and base metal royalties. Comparable to Taurus' royalty/streaming product, though at smaller scale and more focused on streaming acquisitions.
• Sprott Resource Lending: Provides senior secured loans to mining and metals companies. Comparable to the Mining Finance (project/acquisition debt) book at Taurus.
• Sandstorm Gold Royalties: Gold royalty and streaming company with a portfolio of royalties on producing, development, and exploration properties. Comparable to Taurus' royalty acquisitions and same mining-sector focus.
• Wheaton Precious Metals: Major precious metals streaming company with streaming agreements on producing and near-production mines globally. Directly comparable to Taurus' streaming product line and the same target customer base of mid-tier and senior miners.
• Triple Flag Precious Metals: Precious metals royalty and streaming company providing upfront payments to miners in exchange for metal streams. Comparable to Taurus' streaming product on a smaller, more focused scale.

Regional players

• EMR Capital: Australia-based mining-focused private equity and project finance firm. Comparable to Taurus given geographic overlap (Australia-headquartered) and similar target of mid-tier miners, but focused on private equity rather than multi-product.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/taurus-funds-management-pty-ltd

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments6 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Taurus fund