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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...

Metalloinvest multifunctional Shared Services Centre named Discovery of the Year

Metalloinvest's multifunctional Shared Services Centre has won the 'Descovery of the Year' category in the 'Best Shared Services Centre' competition. The competition was organised by MSB Events in collaboration with the Association of Shared Services Centres, a non-profit organisation that is...

Fortescue celebrates 1 billion tonnes of ore shipped

Fortescue Metals Group (Fortescue) today celebrated the export of its one billionth tonne of iron ore, a decade after the company’s first commercial shipment from Port Hedland. Fortescue Chief Executive Officer Elizabeth Gaines was joined at the celebration at Herb...

Norsk Hydro: Hydro takes new initiatives to resolve Alunorte situation

Hydro's CEO Svein Richard Brandtzæg has appointed CFO Eivind Kallevik as interim head of Bauxite & Alumina with immediate effect, replacing Silvio Porto, in response to the challenging situation at the Alunorte alumina refinery that is currently operating at...

Portofino Executes Agreement Pursuant to the Yergo Lithium Brine Project in Catamarca, Argentina

Portofino is pleased to announce that it has executed a binding agreement with a private Argentine concession owner to acquire a 100% interest in the Yergo and Yergo 2 lithium brine salar projects in Catamarca, Argentina which comprise over...

Congo seeks to soothe miners while holding course on changes

The Democratic Republic of Congo tried to strike a more conciliatory tone Wednesday after a week of increasingly heated exchanges between Africa’s top copper producer and some of its largest foreign investors. Mining companies are furiously lobbying the government...

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...

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