25
Jan
08:04
NICKEL, COPPER: Sibanye withdraws from Brazilian projects
South African miner Sibanye-Stillwater has abandoned a $1 billion deal to buy the Brazilian Santa Rita nickel mine and Serrote copper mine in Brazil.
On 26 October, the miner signed a sale and purchase agreement (SPA) with affiliates of funds advised by the London-based investment firm Appian Capital Advisory LLP for the acquisition of Atlantic Nickel (AN) Santa Rita mine and Mineração Vale Verde (MVV) Serrote copper mine. The deal was fix…
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