MOSCOW – Russia’s En+ Group has raised its stake in aluminium giant Rusal to 56.88% after completing an asset swap with Glencore, part of a deal that has helped companies controlled by Russian tycoon Oleg Deripaska to ward off US sanctions. En+ Group and Glencore agreed in 2017 that Glencore would swap its 8.75% stake ... 
En+ raises stake in Rusal to 57% after Glencore asset swap
Anastasia Bogdanova | February 4, 2020
MOSCOW – Russia’s En+ Group has raised its stake in aluminium giant Rusal to 56.88% after completing an asset swap with Glencore, part of a deal that has helped companies controlled by Russian tycoon Oleg Deripaska to ward off US sanctions. En+ Group and Glencore agreed in 2017 that Glencore would swap its 8.75% stake ... 
The mining industry needs to stop talking about gender targets and take action to promote greater diversity in the workplace, according to the head of Women in Mining. Mining remains one of the industries where women are least represented, with men occupying most positions globally from the pit to executive committees and the boardroom. Not ... 
British-born Simon Thompson, 58, will succeed Jan du Plessis as Rio Tinto’s chairman. (Image: Rio Tinto.) World’s second largest miner Rio Tinto (ASX, LON, NYSE:RIO) ended Monday a nine-month search for a new chairman, announcing industry veteran Simon Thompson as the person who will assume the post in March. The appointment of Thompson (58), one of Rio Tinto’s ... 
Centerra Gold Inc. (TSX: CG) announces that the Company and its Kyrgyz subsidiaries (Kumtor Gold Company (“KGC”) and Kumtor Operating Company (“KOC”)) have entered into a comprehensive settlement agreement (the “Strategic Agreement”) with the Government of the Kyrgyz Republic (the “Government”) on behalf of the Kyrgyz Republic. Highlights of the Strategic Agreement Full and final reciprocal releases ... 
Image: veolia.cz The Czech state is in the running to buy up the country’s sole hard coal, or coking coal, company, OKD, which is now under insolvency administration. A bid of 1.0 crown was submitted by the state company Diamo on December 16, radio.cz reported. That was one of the main takeaways from a press conference ... 
Image: http://i1.thejournal.co.uk/ Rio Tinto to sell its assets at Lochaber (Scotland) to SIMEC for $410 million (£330 million), said the company in its statement. Under the agreement Rio Tinto sells 100% in Alcan Aluminium UK Limited which includes the operating smelter, the hydroelectric facilities at Kinlochleven and Lochaber as well as all associated land. The agreement includes ... 
The UK-based International Council on Mining and Minerals (ICMM) has released new guidance on the way mining companies can help achieve the United Nations 17 sustainable development goals (SDGs), mining-technology.com reports. The SDGs were initially adopted at a special UN Sustainable Development Summit on 25 September 2015 and form a set of 17 individual targets ... 
The Master class “Innovative technologies for steep incline and vertical conveying in the mining sector – What are the factors for success?” organised by ContiTech will open the day’s programme which will include four master classes, round table lunch and networking evening drinks. The ContiTec’s master class will be led by Thomas Neumann, Head of ... 
Image: timedotcom.files.wordpress.com “I want to focus on the composition of China’s foreign reserves, explain why the liquid portion of the reserves may be much smaller than widely believed, and how that situation is bearish for RMB and bullish for gold” John Lee, CFA Executive Chairman, Prophecy Development Corp. This article has been written by him for ... 
С начала 2015 года Российское правительство приступило к реализации концепции «опережающего развития». В статье автор попытался высказать своё мнение о процессах, происходящих в горнорудной отрасли РФ, и о том, за счёт чего и при каких условиях возможно улучшить ее состояние.