Asia Pacific
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...
Market Reports
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...
Market Reports
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...
Asia Pacific
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...
Asia Pacific
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). ...
Europe
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...
Market Reports
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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