Underground operations at Appian portfolio company Roxgold (West African gold producer)
Appian targets assets with robust return profiles through a defensive and alpha-generative investment mandate
In just three years, Appian has successfully supported six mines into production, with two more operations expected to achieve this milestone within 18 months.
Targeting down-side protected assets with near term production potential, all of our portfolio companies are within the first or second quartile of their respective cash cost curves. Since inception, Appian has consistently delivered, establishing a proven track record of partnering with management teams to build tangible operating and financial value within portfolio companies, irrespective of commodity prices.
Appian owns multiple royalties, including on long life producing assets, and actively seeks to acquire royalties which fit with our strategy.