About Liberate

The origins of Liberate date back to 2012, during a period of geopolitical instability across West Africa following the Arab Spring. At the time, a clear divergence in mining asset performance raised an important question: what separates successful mining operations from those that underperform, particularly in volatile regions? While managing equities in London, this became highly relevant when allocating capital amid political disruption in key gold-producing areas. Gold remained a core asset during this period, supported by continued monetary stimulus from the US Federal Reserve.

In 2014, the end of the Chinese commodity supercycle led to a broad decline in mining equities. Years of overinvestment, combined with slowing demand, placed sustained pressure on commodity prices. What followed was a prolonged period of reduced capital expenditure across the sector, with investment levels remaining low for nearly a decade.

However, mining assets are naturally depleting. Over time, structural drivers such as population growth, rising incomes, and increasing global demand began to reassert themselves. Combined with declining existing supply, this created a clear need for renewed investment in resource development.

During the COVID-19 pandemic, a consistent pattern emerged through direct engagement with junior and mid-cap mining companies: despite strong project fundamentals and favourable long-term demand, access to capital was limited. This disconnect between viable projects and available funding highlighted a clear market opportunity. The key question was not whether these projects would be built, but who would finance them.

In response, Liberate Enterprises Ltd. was incorporated in the United Kingdom on 9 April 2020.

In 2022, the global landscape shifted again with Russia’s invasion of Ukraine, marking the end of an era of ultra-low interest rates and quantitative easing. As the cost of capital increased and inflation returned as a structural factor, investor focus began to move away from large-cap technology towards real assets with tangible supply-demand fundamentals.

By mid-2024, market conditions had evolved to a point where the capital needs of the mining sector could be addressed through a listed equity strategy. Development work began to position Liberate for entry into the market.

Throughout 2025, a high-quality network of asset management partners and service providers was established, creating a strong institutional platform with differentiated capabilities.

As of 2026, Liberate is actively raising capital and is positioned to deploy into a pipeline of high-quality opportunities across the mining sector.