Metso Outotec wins Russia orders

Anastasia Bogdanova | January 5, 2021
img0 Finnish mining engineering company Metso Outotec has secured orders from a Russian company for a greenfield zinc plant at Verkhny Ufaley, and for comminution equipment for Nornickel’s refurbishment project at the Talnakh processing plant.   The €100 million (US$122 million) contract with an unidentified client for the greenfield zinc plant in Russia’s Chelyabinsk region includes ...

Tigers Realm raises A$43m for Russian mine

Anastasia Bogdanova | December 17, 2020
img0 PERTH (miningweekly.com) – Tigers Realm Coal has announced plans to raise A$43.5-million through an accelerated renounceable rights offer to fund the construction and commissioning of its coal handling and preparation plant (CHPP) in Russia. The ASX-listed company on Wednesday said that it would issue more than 5.4-billion new shares, at a price of 0.8c each, with the offer price representing a ...

Euromax in North Macedonia celebrates its legal win

MINEX Forum | December 15, 2020
img0 Euromax announced a legal win in North Macedonia, which effectively reinstates its Ilovica 6 permit at its flagship Ilovica-Shtuka copper-gold project. Euromax Resources shares shot up almost 167% after announcement. The company said the Higher Administrative Court had ruled in its favour, against the initial decision by the Ministry of Economy to terminate the permit. ...

RCT Global provides dozer solution for Kazakhstan gold mine

Anastasia Bogdanova | December 7, 2020
img0 A major gold mining company in the Republic of Kazakhstan is operating a CAT D10T dozer on RCT’s technology to improve safety and productivity on site. RCT worked with its local technology partner Borusan Makina Kazakhstan to commission its ControlMaster® solution. RCT provided the technical support remotely to Borusan technicians who implemented the technology package for ...

Teo Dechev is Building a Mining Business in Serbia and Bulgaria

Anastasia Bogdanova | December 7, 2020
img0 Teo Dechev is the Chief Executive Officer, President, and Director of Mundoro Capital Inc. She brings to the company both a technical understanding of the key issues in the sector through a geological and mineral engineering degree as well as extensive capital markets experience and hands-on management experience. Ms. Dechev’s capital markets experience includes positions at well-recognized bank-owned ...

Nornickel to sell less palladium, nickel than it produces in 2020 – head of sales

MINEX Forum | December 3, 2020
img0 Russia’s Norilsk Nickel will sell slightly less nickel and palladium than it produces in 2020 as the Covid-19 pandemic reduced industrial demand, the world’s leading producer of the two metals told Reuters. Demand has risen in some sectors since a slump caused by the first wave of the pandemic early this year, but is unlikely to reach its ...

Kazatomprom resumes mining operations in Kazakhstan

MINEX Forum | November 25, 2020
img0 Any new pandemic or weather-related issues at world’s largest uranium producer Kazatomprom’s operations are not expected to influence 2020 production volumes, the company said in its quarterly update. It could, however, affect reserve development and production plans for 2021, the uranium producer noted. Kazatomprom has resumed activities at all of its mining operations in Kazakhstan, ...

Australian Mining Companies See Big Economic Opportunities in Kazakhstan

MINEX Forum | November 23, 2020
img0 Kazakhstan has huge potential in its mining industry sector and Australian companies are eager to help unlock it, said Austmine Director for International Business Robert Trzebski in an interview to The Astana Times. “We work with mining companies around the world and our mission is to connect our member companies with opportunities around the world,” ...

Polymetal International employees included in the list of “100 Global Inspirational Women in Mining”

MINEX Forum | November 23, 2020
img0 Polymetal International plc (LON:POLY) has announced that Maria Lodkina, Tania Tchedaeva and Vasilina Tarabarova have been included in the 2020 edition of “100 Global Inspirational Women in Mining”, compiled by Women in Mining. “We are proud to see our colleagues recognised for their outstanding achievements. Polymetal fosters a culture of workplace diversity and engagement and strives to ensure that ...

Dundee Precious Metals Announces Investment in Velocity Minerals Ltd.

Anastasia Bogdanova | November 17, 2020
img0 TORONTO, Nov. 16, 2020 (GLOBE NEWSWIRE) — Dundee Precious Metals Inc. (TSX: DPM) (“DPM” or “the Company”) today announced that it has entered into an investment agreement (the “Agreement”) with Velocity Minerals Ltd. (TSXV: VLC) (“Velocity”) to invest up to C$7 million in Velocity on a private placement basis. DPM is expected to purchase up to 14 million common shares ...