
WHAT WE DO

Mining Finance Advisors
Rockface Capital Advisor’s principal areas of subject matter expertise are:
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- the structuring and raising of debt finance for mining projects,
- mine valuation.
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Our financing expertise extends to co-financing structures, export and import credit, mezzanine debt and prepaid metal credits, plus commodity and interest rate hedging and royalty structures.
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Expert Witnesses
We have the expertise and top-level credentials to support you as expert witnesses in any arbitration or litigation, which involves questions relating to:
- mine financing,
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- mine valuation,
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- hedging, or
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- mine feasibility
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Mining Equity Investment
For the right opportunities, we have the capability and expertise to mobilise investment for the purposes of mine acquisition and development.
ABOUT
George Rogers is the founder and the principal advisor of Rockface Capital Advisors.
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He has over 35 years of experience. He has built and led some of the world's leading investment bank mining finance teams.
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George is supported by a group of technical specialists with expertise in mining engineering and geology, as well as financial modelling.
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This gives Rockface Capital Advisors the expertise to structure and advise on mining project finance and valuation, and to offer world-leading, joined-up, expert witness services in most aspects of mining.
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EXPERTISE

George Rogers is a leading international mining finance specialist with more than 35 years’ experience advising on the financing, valuation, acquisition, and operation of mining projects worldwide. He began his career in the mining team at NM Rothschild before going on to build and lead the London mining finance teams at Deutsche Bank and Investec Bank. He later founded and now leads Rockface Capital Advisors Ltd, an independent mining finance consultancy.
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George has advised on and structured several billions of dollars of mining project financings across a wide range of commodities and jurisdictions. His expertise spans project finance, corporate finance, valuation, acquisition, hedging, and operational strategy. He is also an experienced expert witness, regularly instructed by sovereign states in high‑value international arbitration and investment treaty disputes, and is a confident and effective presenter with extensive experience under cross‑examination.
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Rockface Capital Advisors Ltd (2013 – Present)
Founder and Chief Executive Officer
At Rockface Capital Advisors, George provides specialist advice on mining finance, valuation, and disputes. His work has included:
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Acting as specialist consultant to an SEC‑appointed monitor reviewing mine valuation methodologies at one of the world’s largest global mining companies.
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Serving as Expert Witness to the Republic of Poland in the defence of mining‑related bilateral investment treaty (BIT) claims, including claims valued at £806 million (ongoing).
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Serving as Expert Witness to the Commonwealth of Australia in the defence of mining‑related UNCITRAL arbitrations, including claims valued at approximately US$198 billion and US$29 billion.
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Advising on more than US$1 billion of mining project financings for junior and mid‑tier mining companies.
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Founding Tamar Resources, which raised private equity funding to bid for the acquisition of the Krupiński coking coal mining complex in Poland.
Investec Bank (2002 – 2013)
Managing Director, Head of Commodities and Resource Finance
At Investec, George led the bank’s global commodities and resource finance activities. His roles and achievements included:
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Structuring and leading over US$2 billion of mining project financings, and advising on a further US$500 million of transactions.
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Heading Investec’s commodities trading and metals hedging business. - Founding and serving as Chairman of Hendricks Coal, which acquired and operated the Glen Alum coking coal mine in West Virginia, USA.
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Founding and serving as Chairman of Appleton Coal, developer of a new low‑volatile coking coal mine in West Virginia, USA.
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Founding and chairing the Blackfish Investec Hedge Fund, which made multiple investments in mining companies and mining projects.
Morgan Grenfell / Deutsche Bank (1995 – 2002)
Director, Head of Resource Finance
George advised many of the world’s leading mining companies on the acquisition and financing of mining and smelting projects, with an aggregate value of several billion US dollars. He structured and led more than US$1.5 billion of mining project finance debt during this period.
NM Rothschild & Sons (1987 – 1995)
Assistant Director, Mining Finance Team
As a member of what was then the world’s leading mining project lending team, George worked on a wide range of innovative financing structures, including mining project loans, royalty transactions, prepaid metal loans, hedge structures, and borrowing‑base facilities.
Education
University of Bath
BSc (Hons) Economics
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CONTACT
Enquiries
For any questions or inquiries please contact George Rogers on:
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