MINING INDABA 2017: Commodities uptick releases repressed capital back to miners – Appian’s Scherb

The mining industry is starting to attract capital that has been destined for the sector but held back in the commodities downturn of recent years, Michael Scherb, founder and general partner of Appian Capital told Metal Bulletin.

The private equity fund expects a number of deals to be announced in the mining sector over the next three to six months and is braced to announce two or three of its own over that period in base and precious metals. “There has been a lot of repressed capital waiting to go into the sector and all it needed was that uptick,” Scherb told Metal Bulletin as the 2017 Mining Indaba wrapped up in Cape...

Published

Janie Davies

February 09, 2017

16:09 GMT

Cape Town