Category: Appian Capital Advisory LLP
7 Posts
POSTED ON November 05, 2014 BY Travis McPherson

Yesterday we called one of our favourite gold stories, Roxgold (ROG:TSXV) to get an update from management not only on their two recent announcements (1. receiving their mining permit and 2. closing a $30 million bought deal financing), but also on how the political unrest in Burkina Faso is playing out. Roxgold President and CEO… Continue Reading

POSTED ON September 30, 2014 BY Travis McPherson

Roxgold (ROG:TSXV) which is developing the ultra high-grade Yaramoko gold deposit in Burkina Faso has been approved by their banking syndicate for the previously announced $75 million debt package. The loan has a term of 6 years and an interest rate of between LIBOR +4.25% and +4.75%.  The mandated banks, which included Societe Generale and Credit Suisse,… Continue Reading

POSTED ON July 28, 2014 BY Travis McPherson

Australian-listed copper developer, Avanco Resources (AVB:ASX), was first brought to my attention by Mr. Scherb of Appian Capital.  He informed me of his firm’s investment in Avanco and since then I have watched it  reorganize and work to close the necessary financing to develop its staged copper project in Brazil. Avanco is working to build a two-staged copper mine.  The first stage,… Continue Reading

POSTED ON July 14, 2014 BY Travis McPherson

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

POSTED ON June 26, 2014 BY Travis McPherson

This morning, African gold developer Roxgold (ROG:TSXV) announced they have mandated Credit Suisse and Societe Generale to find them $75 million in a senior project debt facility by year end.  The money will be used to bring the high-grade Yaramoko project in Burkina Faso into production by early 2016. The project is expected to cost around… Continue Reading

POSTED ON May 20, 2014 BY Travis McPherson

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

POSTED ON May 01, 2014 BY Travis McPherson

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

Real-time knowledge sharing for global investors: CHAT.CEO.CA