UK-based investment firm Appian Capital Advisory LLP is aggressively venturing into the mining and metals industry. With assets under management totalling $3.6 billion, the company plans to deploy more than $2 billion in funds over the next few years. Appian has previously acquired 89.96% of Trevali Mining Corporation, which had sought creditor protection. The company also invested significantly in the zinc market with key transactions with Osisko Metals and Western Potash Corporation. CEO Michael Scherb highlighted their intent to target commodities such as tin and potash, which are potentially at risk of structural shortages.
Source: https://miningdigital.com/articles/barricks-kibali-gold-mine-rolls-out-a-new-10-year-plan
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