Europe

Nornickel signs credit facility agreement with Commerzbank Ag

PJSC MMC Norilsk Nickel  announces the signing of a 13-year EUR 37,8 million credit facility agreement with Commerzbank AG under Euler Hermes cover.                                                                     The proceeds will be used to finance 85% of the contract value for the construction of...

Thermal Coal Market rises as production cuts tackle glut

European cargoes for nearby delivery to Amsterdam, Rotterdam or Antwerp (ARA) last closed at $52.31 a tonne, up around 3 percent in the past month, partly supported by oil.                    ...

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 five years.   Duncan Wanblad, CEO of Anglo American’s Base Metals business, will add...

Ruben Fernandes Appointed As CEO Of Anglo American In Brazil

Anglo American announces the appointment of Ruben Fernandes as CEO of Anglo American in Brazil. In addition to his current role as CEO of Anglo American’s Nickel and Niobium & Phosphates businesses, Ruben Fernandes will also lead the Iron...

The annual general meetings of Rio Tinto plc and Rio Tinto Limited were held on April 2016

Results of voting at 2016 annual general meetings of Rio Tinto plc and Rio Tinto Limited.The annual general meetings of Rio Tinto plc and Rio Tinto Limited were held on 14 April 2016 and 5 May 2016 respectively. All...

Salamanca Uranium Project, Spain

Berkeley Energia's wholly-owned Salamanca Uranium Project is located near Madrid, approximately 70km from the city of Salamanca, Spain. The project involves the development of the Retortillo, Zona 7 and Alameda near-surface uranium deposits. The pre-feasibility study (PFS) for...

Incentive for Thar coal development is a fixed 20% IRR in US dollar terms

Oracle Coalfields, the UK coal developer of a 1.4 billion tonne lignite resource in the Thar Desert in Sindh Province, Pakistan, is confident it will benefit from government fiscal incentives to encourage and accelerate the development of the...

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