Mundoro Capital Inc. (TSXV: MUN, www.mundoro.com) (“Mundoro” or the “Company”) is pleased to announce completion of the third year exploration program with Japan Oil, Gas and Metals National Corporation (“JOGMEC”), on the Borsko Jezero license (“Borsko”) located within the Timok Magmatic Complex (“Timok”) in eastern Serbia. This exploration program is the third year of the ... Mundoro announces completing the third year exploration program on the JOGMEC-Mundoro JV project
MINEX Forum | March 26, 2019 Mundoro Capital Inc. (TSXV: MUN, www.mundoro.com) (“Mundoro” or the “Company”) is pleased to announce completion of the third year exploration program with Japan Oil, Gas and Metals National Corporation (“JOGMEC”), on the Borsko Jezero license (“Borsko”) located within the Timok Magmatic Complex (“Timok”) in eastern Serbia. This exploration program is the third year of the ... 
Russia’s RDIF sovereign wealth fund said on Thursday it had completed a joint deal with the Russia-China Investment fund and a Middle Eastern sovereign wealth fund to acquire a 9.53 stake in Russian mining company Intergeo. Intergeo, a part of Onexim Group, which manages the assets of Russian billionaire Mikhail Prokhorov, is developing its Kingash ... 
Russian billionaire Roman Abramovich sold $551 million worth of shares in mining giant Norilsk Nickel on Tuesday during an accelerated bookbuilding deal (ABB), the deal’s arranger VTB Capital said. The shares, accounting for a 1.7 percent stake in the world’s largest palladium producer, were bought predominantly by British-based investors, with Russian investors also buying a ... 
Russian gold and silver producer Polyus has received a further 5 percent stake in the giant Sukhoi Log gold deposit from its project partner Rostec in return for a 0.28 percent stake in Polyus shares, Polyus said late on Monday. The deal raises Polyus’ stake in Sukhoi Log, one of the largest untapped gold deposits ... 
Dundee Precious Metals offered a look at the fourth quarter and positive full year financials for 2018. The company recorded revenue of $377.1 million and adjusted net earnings of $29.0 million. The all-in sustaining cost per ounce of gold produced was $659. (All monetary figures are U.S. dollars.) For the full year, metal production totaled 201,095 ... 
Russia’s largest gold producer, Polyus, on Monday reported a 20 percent jump in fourth-quarter adjusted net profit to $291 million compared with last year, lifted by increased production and rising sales of the metal. Adjusted net profit for the full year rose to $1.33 billion, Polyus said, up from $1.02 billion in 2017. Shares in ... 
Russian miner Nordgold (LON:NORD) has received a fresh 15-year mining permit for its Lefa mine in Guinea, where it plans to invest more than $360 million to continue developing the asset, one of the country’s largest gold producing mines. The new licence, effective from March 21, is valid until 2034, in line with Lefa’s current ... 
Eurasia Mining beginning to build scale in platinum group metals portfolio, helped by track record of competence in Russia. Eurasia has huge upside at the US$2bn Monchetundra project and is supported by cash flow from West Kytlim. Around 165kg of platinum was produced from West Kytlim in 2018 Long track record in the mining and ... 
Polymetal’s FTSE4Good ESG rating has improved and the company is now among the 7% of the most highly ranked listed companies in the sector. Polymetal has also become a top responder to the Carbon Disclosure Project among Russian companies. “We are proud to have our approach to transparency highlighted as best practice by leading ranking ... 
PAO Severstal (MICEX-RTS: CHMF; LSE: SVST), one of the world’s leading steel and steel-related mining companies, today announces its Q4 & FY2018 financial results for the period ended 31 December 2018. CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER ENDED 31 DECEMBER 2018 $ million, unless otherwise stated Q4 2018 Q3 2018 Change, % FY2018 FY2017 Change, ... 
Polymetal to shun M&A in 2019, focus on asset sales Russian gold and silver producer Polymetal said on Thursday it will focus on asset sales in 2019 rather than getting involved in industry consolidation. “The pressure from at least some of our shareholders has been to grow smaller or to grow more focused to reduce ... 
Russian gold and silver producer Polymetal reported on Thursday an 11% rise in fourth quarter revenue, compared to a year earlier, on record high production following a full ramp-up at its mine in Kazakhstan. The London-listed firm, part-owned by businessman Alexander Nesis, launched the Kyzyl mine in Kazakhstanin 2018 and shortly after began construction at its new Nezhda gold mine in Siberia, which will contribute to its dividends in 2022. ...