Appian's second mining fund closes oversubscribed

RISING commodity prices and the promise of a stimulus-led recovery have boosted interest in mining equities, and an oversubscribed US$775 million raise by London-based investment firm Appian Capital suggests private equity is making a return to the sector after a six-year hiatus.

Appian's second mining fund closes oversubscribed Appian's second mining fund closes oversubscribed Appian's second mining fund closes oversubscribed Appian's second mining fund closes oversubscribed Appian's second mining fund closes oversubscribed

Kalbar's Fingerboards project in Victoria was one of Appian's more recent investments