Appian Capital Advisory Acquires 95% Stake in Omico Copper's Omitiomire Project

Deal Summary

London‑based private‑equity firm Appian Capital Advisory completed the acquisition of Omico Copper, securing a 95% stake in Namibia’s Omitiomire copper project. The asset was sold by Greenstone Resources and International Base Metals, and Appian plans to invest over $400 million to develop the mine, targeting 30,000 tonnes of copper annually. The acquisition price was not disclosed.