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Zijin’s Altynken LLC Resumes Production after Technology Innovation

On May 20, 2016, Altynken LLC, a subsidiary of Zijin Mining Group, has completed the tailing pond project and technical innovation on copper and...

Freeport closes stake sale in morenci mine for $1 billion

Freeport-McMoRan Inc announced that it has completed its previously announced sale of a 13 percent interest in its Morenci unincorporated joint venture to Sumitomo...

ALROSA reports Q1 2016 IFRS results

ALROSA’s Q1 2016 revenue totaled RUB 102.3 bn, which is an increase of 37% y-o-y. This growth was associated with a favorable diamond market...

Indonesia Says Coal Output Will Fall Next Year as Smaller Miners Struggle

Indonesia expects its coal production to edge down in 2017, as smaller miners cut output due to lower prices for the commodity, a government...

Metalloinvest implements major environmental project at OEMK

The second gas purification unit at the electric arc furnace shop (EAF) was launched at OEMK (part of Metalloinvest).          ...

Bruce Cleaver appointed as new chief of diamond producer De Beers

Anglo American plc announces the appointment of Bruce Cleaver as CEO of the De Beers Group following Philippe Mellier’s decision to step down after...

First Quantum Minerals announces new $1.82 bln credit facility

First Quantum Minerals Ltd. announced that it has completed a new Term Loan and Revolving Credit Facility (the "Facility") with its core relationship banks....

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