Few gold developers in the world today have an opportunity like Roxgold Inc (ROG:TSXV). The company is developing the high-grade Yaramoko gold project in Burkina Faso that has an after-tax IRR of nearly 50% (in a sector where you are lucky to achieve double-digit returns). The economics are unique for three reasons. First, the grade, which sits… Continue Reading
A few weeks ago we interviewed Michael Scherb, the young founder of London-based mining private equity fund Appian Capital Advisory LLP. In that interview Mr. Scherb told us, he saw tremendous value in the mining sector and aimed to allocate $150 million in select public and private companies this year. Well, Mr. Scherb continues to deliver on his promises. On… Continue Reading
There has been a lot of talk about private equity ‘circling’ the mining space, however little has come to fruition. Today we meet a dynamic young financier who has already begun to deploy $375 million in the sector. Michael Scherb is the 32-year-old founder of Appian Capital Advisory LLP, a mining-focused private equity investment firm established in… Continue Reading
