Appian CEO on principles for mining investment

On Monday, Appian announced a significantly larger fund – $775 million and oversubscribed – which, despite the disruption caused by covid-19, has already deployed 40% of its capital.

Appian’s founder and CEO Michael Scherb is an Austrian national, and started his career structuring foreign investment into China before joining the mining team at JP Morgan Cazenove in London. He worked on deals as diverse as Rio Tinto’s 2008 defence against a hostile BHP, a $1 billion Istanbul gold…