Severstal reports Q4 & FY2018 financial results

MINEX Forum | February 5, 2019
img0 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, ...

Record output drives revenue at Russia’s Polymetal up 11% in Q4

MINEX Forum | February 4, 2019
img0 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. ...

European Metals secures offer from Krupa to acquire Cinovec project

MINEX Forum | January 23, 2019
img0 Western Australia-based European Metals received an offer from Krupa Global Investments to purchase the Cinovec lithium deposit, which is located northwest of Prague. Cinovec is the largest lithium deposit in Europe. According to the firm, it did not give consideration to this indicative offer because the letter from Krupa Global Investments did not detail price, ...