Subscribe & Follow

Advertise your job vacancies

Appian seeks compensation from Sibanye-Stillwater for dropping Brazil mine deal

Investment firm Appian Capital Advisory has served South African miner Sibanye-Stillwater with a notice of claim seeking compensation for the latter's termination of a planned billion-dollar acquisition of two nickel mines in Brazil.

2 Mar 2022

Sibanye Gold's Masimthembe shaft in Westonaria, South Africa. Reuters/Mike Hutchings

Sibanye Gold's Masimthembe shaft in Westonaria, South Africa. Reuters/Mike Hutchings

Appian, a London-based investment company which advises two affiliated private equity funds which in turn own the Brazilian mines, said the transaction was worth more than $1.2bn and called Sibanye's failure to close on it "unlawful".

Sibanye-Stillwater declined to comment.

Source: Reuters

Reuters, the news and media division of Thomson Reuters, is the world's largest multimedia news provider, reaching billions of people worldwide every day.

Go to: https://www.reuters.com/

Top stories

2024 Red Bull Basement Winners Clarah and Paul Mailinda - Image by Tyrone Bradley | Red Bull Content Pool

EntrepreneurshipRed Bull Basement opens 2026 applications for SA innovators

12 hours

Unathi Thosago | image supplied

ICTParliament appoints Unathi Thosago as chief information officer

13 hours

Unemployed teachers protest outside the KZN Department of Education office on Burger Street, Pietermaritzburg. Photo: Joseph Bracken / GroundUp

EducationUnemployed teachers camp outside KZN education department

Joseph Bracken 16 hours

Source: Supplied

Tourism & TravelQatar Airways to boost flights to South Africa

16 hours

Image source: Brian Jackson –

EducationMatrics urged to register for second chance programme by 6 February

16 Jan 2026

Promoted

The new fundamentals: What employees expect from IT support in 2026

ICTThe new fundamentals: What employees expect from IT support in 2026

Oscar Modiba, BET Software 1 day

More news

Marketing & Media

The precision trap: Why the collapse of attribution is reviving the brand

Musa Kalenga, Brave Group 16 hours

Image supplied

HR & Management

AI leads the charge: C-suite eyes a positive 2026

12 hours

R200,000 up for grabs in Toughees ‘Tough Like Us’ back-to-school competition

Retail

R200,000 up for grabs in Toughees ‘Tough Like Us’ back-to-school competition

Bata 1 day

Jaco Lintvelt is the MD of Incubeta Africa. Source: Supplied.

Marketing & Media

#BizTrends2026 | Incubeta Africa's Jaco Lintvelt: Don’t fall prey to the Arrival Fallacy

Jaco Lintvelt 18 hours

Image source: lightwise –

Legal

Why "it won't work" is no excuse: High Court rules on mandatory mediation stance

Roberto Oktober and Peter Michaels 14 hours

Take a trip down the wilder side of memory lane on the History Channel this January

Marketing & Media

Take a trip down the wilder side of memory lane on the History Channel this January

Hearst Networks Africa 1 day

Google launches local language pilot for SA publishers

ICT

Google launches local language pilot for SA publishers

15 hours

Image supplied.

ESG & Sustainability

CT Junior Mayor, Takealot donate fitness equipment to Groote Schuur’s obesity clinic

16 hours

Nissan reshapes AMIEO leadership as transformation plan gathers pace

Automotive

Nissan reshapes AMIEO leadership as transformation plan gathers pace

13 hours

Source: South African Tourism

Tourism & Travel

SA Tourism invites businesses to showcase at ITB Berlin 2026

14 hours

Dr Andre Abrahams, Executive Dean: Academic at Emeris

Education

Emeris launches R63m fee assistance plan for first time undergrads

17 hours

Bloomwit introduces PR services aimed at improving SME visibility across Africa

Entrepreneurship

Bloomwit introduces PR services aimed at improving SME visibility across Africa

15 hours

Cape Town turns summer into a sell-out as a new generation takes flight

Tourism & Travel

Cape Town turns summer into a sell-out as a new generation takes flight

Cape Town Tourism 16 Jan 2026

Image source: Pavlo Syvak –

Legal

Employees can't be fired for job hunting - Labour Court ruling

Rosalind Davey and Chloë Loubser 14 Jan 2026

Image source:

Legal

Why the UK Supreme Court ruling on post-sale confusion matters to global brands

Merlene Engelbrecht 16 Jan 2026

Source: Trevor Hill/Audi South Africa.

Finance

How Agoa renewal impacts the SA-US economic relationship

16 Jan 2026

Samantha-Jane Gravett, Director at Robert Walters Recruitment Africa

HR & Management

#BizTrends2026 | Robert Walters' Samantha-Jane Gravett: How HR leaders can navigate mega-trends shaping work in 2026

Samantha-Jane Gravett 1 day

Tourism 2.0: Cape Town's roadmap to boost local food businesses

Tourism & Travel

Tourism 2.0: Cape Town's roadmap to boost local food businesses

17 hours

Image source:

Legal

Zero-tolerance: Plans to scrap laws allowing drinking and driving

15 Jan 2026

Image credit: Eskom

Energy & Mining

Eskom goes on the road with new Hub-on-Wheels customer service model

18 hours

Source: Supplied. Frank Blackmore, lead economist at KPMG.

Finance

#BizTrends2026 | KPMG's Frank Blackmore: SA's fight to stay competitive in a new economic frontier

Frank Blackmore 14 Jan 2026

Yuneal Padayachy, Chief Support Officer at The BEE Chamber

HR & Management

#BizTrends2026 | The BEE Chamber's Yuneal Padayachy: The year B-BBEE transformation must deliver — not just report

Yuneal Padayachy 14 Jan 2026

Dr Mario Landman, Executive of Education Technology and Innovation at the Independent Institute of Education

Education

#BizTrends2026 | The IIE's Dr Mario Landman: Tremors and quakes - trends shifting education

Mario Landman 15 Jan 2026

Dr Chris Blair, Group Director at 21st Century

HR & Management

#BizTrends2026 | 21st Century's Dr Chris Blair: Navigating radical change in the working world

Chris Blair 15 Jan 2026

Supplied image

Education

#BizTrends2026 | Centennial Schools' Shaun Fuchs: Reinventing education beyond the blackboard

Shaun Fuchs 14 Jan 2026

Let's do Biz