Polymetal International initial mineral resource estimate at Tomtor

Anastasia Bogdanova | September 7, 2020
img0 Polymetal International plc (LON:POLY) has announced that its associate ThreeArc Mining Ltd has completed an initial Mineral Resource estimate in accordance with the JORC Code for the Buranny area of Tomtor niobium and rare-earth metals project. HIGHLIGHTS According to the JORC-compliant statement, Mineral Resources as at 31 December 2019 comprise 13.2 Mt of ore available for open-pit mining at 5.9% Nb2O5+15% ...

Polymetal Announces The Third Season Of The Competition For Junior Projects

Anastasia Bogdanova | August 27, 2020
img0 The third season of the competition for junior projects organised by Polymetal has started Polymetal holds a competition for junior exploration companies for the third time. The purpose of the competition is to identify projects of practical interest to the company. “First of all, we are interested in projects to expand the mineral resource base ...

Russia’s Polymetal looks beyond gold for exposure to ‘green economy’

Anastasia Bogdanova | February 13, 2020
img0 ➤ Russian gold-silver producer Polymetal International PLC looks for greater exposure to “the green economy” through platinum group metals and rare earths projects as it moves toward reporting Scope 3 greenhouse gas emissions. ➤ CFO Maxim Nazimok believes that Russia could diversify rare earth metals supply away from China. The group of 17 metals is ...

New exploration JV with a junior in Chukotka

MINEX Forum | May 29, 2019
img0 Polymetal formed a partnership with a company associated with Mineral Exploration Network (Finland) Ltd (“MEN”) for early-stage exploration in the Chaunsk region of Chukotka, Russia. “Our strategy of working with junior explorers is gaining momentum”, said Vitaly Nesis, Group CEO of Polymetal. “MEN has extensive and varied experience in using advanced state-of-the-art methods of prospecting ...

Russia considers export ban on precious metals scrap

MINEX Forum | March 18, 2019
img0 Russia’s trade and industry ministry is considering a temporary ban on the export of precious metals scrap and tailings, the ministry said, to promote domestic refining of the materials. The proposed ban would last from May 1 to Oct. 31 this year, the Kommersant newspaper reported earlier, citing ministry documents. Russian precious metal refining facilities ...