Appian announces that International Finance Corporation (“IFC”), a member of the World Bank Group, is investing up to US$1 billion in a new Appian entity to accelerate the responsible development of critical minerals, metals, and mining projects in emerging markets.
Appian announces it has closed an agreement with NexGold Mining Corp to buy a 2.9% net smelter returns royalty in the company’s Goldboro Gold Project in Canada for an upfront cash consideration of US$24 million.
Appian announces it has closed an agreement with Versamet to sell a 2.75% net smelter return royalty on Atlantic Nickel’s Santa Rita polymetallic mine in Brazil and a silver stream on Rosh Pinah Zinc’s mine in Namibia.
Appian announces that its portfolio company Rosh Pinah Zinc has secured a US$150 million debt facility underwritten by Standard Bank to finance the development of its expansion project, RP2.0.
Appian confirms its decision to withdraw its proposed senior secured loan and royalty financing facility with Pacific Lime and Cement Limited (“PLC,” formerly known as Mayur Resources) for the Central Lime Project (the “Project”) in Papua New Guinea.
Appian today announces that it has provided Osisko Development with a US$450 million project loan facility to fund the development and construction of the Cariboo Gold Project in B.C., Canada.
Widening polarization of the international economy could pressure countries to secure their critical minerals supply chains, said Appian founder and CEO Michael Scherb in an interview with Mergermarket.
Head of Appian's Base Metals group, Ignacio Bustamante, has been tasked with managing Atlantic Nickel, owner of the Santa Rita mine. In this interview with BNamericas, he talks about the operation, investment needs and the nickel market.
Today's protectionism may make rare earth or critical mineral projects look more attractive, said Appian founder and CEO Michael Scherb in an interview with Mergermarket.
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