Norilsk Nickel is targeting a supplementary listing on the London Stock Exchange for the beginning of July, said the Russian metals giant’s chief executive, Denis Morozov.
“The listing will broaden the base for investors, give us more liquidity and, in time, a higher capitalization,” Interfax quoted Morozov as saying.
Norilsk initially had intended to list in London [...]
Bulgaria’s regulatory authorities have cleared ArcelorMittal subsidiary Mittal Steel Holdings AG to buy a number of Russia-based coal mining assets from Severstal (RTS: CHMF), the regulator said in a statement.
ArcelorMittal said on January 31 that it was buying a number of coal mining assets in [...]
Ukraine raised iron ore exports tentatively 16.5% year-on-year in January-February to 3.611 million tonnes, a source at Ukrrudprom, the association of Ukrainian mining enterprises, told Interfax.
Iron ore concentrate exports nearly doubled to 929,900 tonnes, pellet exports [...]
Czech company Potamon GTS Praha hopes to receive approval for gold mining exploration in South Bohemia’s Kasperske hory region from the Czech Ministry of Environment in the coming days, Czech News Agency (CTK) reported Thursday.
“The exploration doesn’t include any groundwork on the [...]
The bodies of the last two victims of a coal mine explosion in Russia were recovered late Wednesday, bringing the official death toll from the blast to 10.
Investigators were still unsure what sparked the methane explosion that ripped the Komsomolskaya mine in Vorkuta Monday.
United Company RUSAL, the world`s largest aluminium producer, is considering mining the raw material bauxite in Mozambique, Interfax news agency reported, citing a Russian government official.
Officials from RUSAL held discussions in December about developing bauxite reserves in the African country, Interfax quoted Mikhail Kamyshin, official representative of Russia`s foreign ministry, as saying.
He was speaking ahead [...]
China aims to produce 193 million tonnes of oil and 92 billion cubic metres of natural gas by 2010, according to an energy blueprint released by the National Development and Reform Commission (NDRC) on April 10.
While the target represents a mere 5% growth in oil output compared to last year, or 2.12% in annual growth, [...]
Investment in geological exploration in the Krasnoyarsk region will quadruple this year, to 22
billion rubles, a source at the regional office of the Federal Subsurface Resources Agency told Interfax.
Up to 12 billion rubles [...]
A devastating gas explosion tore through a Siberian coal mine Monday, killing at least 78 miners, Russian officials said, as emergency workers raced to rescue dozens still trapped underground.
“The latest figures we have is 78 killed,” the Kemerovo regional administration’s spokesman Sergei Cheremnov said as quoted by the Interfax news agency.
Earlier, emergency ministry officials said [...]
China imported 3.78 million tonnes of nickel ore last year, a 6.8-fold increase compared with the previous year, according to statistics released by the General Administration of Customs.
Total nickel ore imports amounted to RMB 3.41 billion ($440 million) in 2006, 1.5 times the amount for 2005. However, average import prices declined by 67.7% to RMB [...]
