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Appian unmoved by Sibanye-Stillwater's offer of talks

Summary by Miningmx
UK private equity fund Appian Capital Advisory seemed to rebuff Sibanye-Stillwater’s offer of a negotiated settlement regarding a damages claim between the two, saying in an email on Friday it was “confident that the High Court will deliver a fair resolution” . The claim relates to events in 2021 and 2022 when Sibanye-Stillwater pulled the plug on an agreement to buy two mines from Appian. The South African firm said this was due to the collapse…
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Miningmx broke the news in on Friday, February 21, 2025.
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