Argonaut's Eddie Rigg starts new fund backing mining 'rockstars'

Eddie Rigg, the founder of Perth-based Argonaut, started a new private equity-style resources fund. This fund will take big stakes in mining companies run by industry "rockstars." Rigg said the fund is "looking to build up to a 20 per cent shareholding" in mining, infrastructure, logistics, and service businesses across Australia.