Europe

Nornickel among World’s Most Innovative Companies, says Forbes

Nornickel is the only Russian company on the annual Forbes’ Top-100 Most Innovative list.The list is a ranking of companies investors think will create profitable new ideas. The assessment is based on innovation premium the difference between capitalisation and...

BHP approves South Flank project

The BHP Board has approved US$2.9 billion (BHP share; US$3.4 billion 100 per cent)1 in capital expenditure for the South Flank project in the central Pilbara, Western Australia. BHP President Operations, Minerals Australia, Mike Henry, said the South Flank...

Russia’s Nornickel to grow platinum group metals mining in new JV

Russia's Norilsk Nickel, the world's leading palladium producer, said in a statement on Wednesday it is planning a joint venture with Russian Platinum, to expand mining of metals belonging to the platinum group.Nornickel's co-owner, billionaire Vladimir Potanin, was cited...

Barrick Provides Update on its Pascua-Lama Project

Barrick Gold Corporation provided an update on the status of its Pascua-Lama project, located on the border between Argentina and Chile. As previously reported, on January 17, Chile’s Superintendencia del Medio Ambiente (SMA) ordered the closure of existing infrastructure...

Digital Agenda: Commission seeks views on how best to exploit cloud computing in Europe

The European Commission is seeking views from citizens, businesses, public administrations and other interested parties on how to fully benefit from 'cloud computing'. Cloud computing enables companies, public administrations and individuals, using networks such as the internet, to access...

BHP celebrates two important milestones for Olympic Dam

BHP celebrated two significant milestones at Olympic Dam with first ore from the high-grade underground expansion into the Southern Mining Area (SMA) and the first copper cathode produced from its heap leach Research and Development trials. Olympic Dam Asset...

Rio Tinto reconfirms Yancoal as the preferred buyer of its thermal coal assets in Australia

The Rio Tinto board has reconfirmed its recommendation that shareholders vote in favour of the sale of its wholly-owned subsidiary Coal & Allied Industries Limited to Yancoal Australia Limited . The recommendation follows consideration by the board of a...

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