Sibanye Stillwater sees $522M claim in canceled deal for Brazil mines
Sibanye Stillwater (NYSE:SBSW) said Monday it faces a $522M compensation claim from Appian Capital Advisory over the termination of a $1.2B deal to buy the investment firm's Brazilian nickel and copper mines.
Sibanye-Stillwater liable for damages to Appian for $1.2 billion scrapped mine deals
The South African miner must compensate Appian for the losses that arose after it did not buy two Brazilian nickel and copper mines.
Sibanye-Stillwater loses suit over $1.2bn Brazil nickel deal
Stillwater, listed on the JSE and NYSE, is liable for damages following the termination of a $1.2-billion agreement with investment advisor Appian Capital regarding two nickel mines in Brazil. The termination,
Sibanye Stillwater loses lawsuit over canceled $1.2B Brazil nickel deal
Sibanye Stillwater (NYSE:SBSW) +2.5% in Friday's trading, recouping some of the previous session's 5.7% decline, after London's High Court ruled the company is liable to pay damages to Appian Capital Advisory over the termination of a $1.
Sibanye Loses UK Suit Over Canceled $1 Billion Brazil Mine Deal
Sibanye Stillwater Ltd. unlawfully terminated a $1.2 billion deal for two Brazilian mines with private equity firm Appian Capital Advisory, a London judge ruled.
Sibanye ordered to pay damages over cancelled $1.2 billion Brazilian mines deal
JOHANNESBURG (Reuters) -South African miner Sibanye Stillwater is liable to pay compensation to investment firm Appian Capital Advisory over the termination of a $1.2 billion deal to buy Appian's Brazilian nickel and copper mines,
Sibanye-Stillwater Loses $1.2 Billion Lawsuit, But Management Avoids Misconduct Charges, Touts No Compensation Claims
The U.K.'s High Court has ruled that Sibanye-Stillwater (NYSE:SBSW) must compensate London-based Appian Capital Advisory for ...
Sibanye-Stillwater faces legal setback as court rules on $1.2bn Appian dispute
The root of this dispute lies in a geotechnical event that occurred at the Santa Rita nickel operation in Brazil in November ...
Creative Planning Acquires 56,943 Shares of Sibanye Stillwater Limited (NYSE:SBSW)
Creative Planning grew its holdings in shares of Sibanye Stillwater Limited (NYSE:SBSW – Free Report) by 93.3% in the second ...
Recycling Today13d
Sibanye-Stillwater embraces recycling in its effort to reach carbon neutrality
The company’s recent purchase of Reldan offers the potential for recycling a wider variety of precious metal-bearing material ...
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New Astro-Turf boosts sports at schools in Northwest
With a combined investment of R2.5 million for each school, these state-of-the-art facilities were donated by ...