Sibanye-Stillwater in talks with Appian to buy nickel, copper assets

Sibanye-Stillwater is in talks to buy the Santa Rita nickel and Serrote copper mines in Brazil from affiliates of funds advised by Appian Capital Advisory LLP, the company said.

The South African miner is predominantly a precious metals company, although it produces nickel and copper as by-products and has copper exploration projects in Canada and Argentina.

“Sibanye-Stillwater hereby advises its shareholders that the company has entered into negotiations with affiliates of funds advised by Appian Capital Advisory, regarding the acquisition of both the Santa Rita nickel and the Serrote copper mines, located in Brazil,” the company...

Published

Andrea Hotter

October 25, 2021

21:55 GMT

New York