Norilsk Nickel has prolonged its preliminary offer to sell a one-percent stake in Polyus Gold, equaling to 1,920,826 common shares, until March 25, the Russian nickel and palladium producer’s documents state. It was announced earlier that UBS, Norilsk Nickel’s agent and financial advisor for the deal, was to receive the initial offers no later than [...]
The price of Russian gas for European customers could rise as high as 400 dollars (257 euros) per 1,000 cubic metres by the end of 2008, the head of state-run Gazprom was quoted as saying on Friday.
Russian news agencies quoted Gazprom chief executive Alexei Miller as saying the falling dollar and rising demand for gas [...]
On 19-21 September 2007, Almaty will host MiningWorld Central Asia 2007 and Kazcomak 2007 exhibitions in Pavilions 9B and 9A of Atakent KBCC as well as outdoors in front of the Pavilions.
Over these thirteen years, MiningWorld Central Asia has become the largest mining and metallurgical forum annually providing venue for mining industry specialists, equipment manufacturers, [...]
Russian aluminum giant United Company RusAl said Monday it was considering establishing a bauxite and alumina processing complex in Indonesia.
Media quoted representatives of Indonesian mining company Antam as saying earlier Monday that there were plans for a joint project with UC RusAl to set up a plant in the southeast Asian country at a cost [...]
Russia-based Rusal, which already owns a 20 per cent stake in Gladstone’s Queensland Alumina (QAL), is actively investigating establishing a refinery and smelter in the state as part of its stated expansion plans.
It comes as Russian companies actively increase their presence in Australia, Russian steel giant Magnitogorsk Iron and Steel Works notifying the Federal Government [...]
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.
OJSC MMC Norilsk Nickel announced that Norilsk Nickel’s proposed acquisition of control of LionOre Mining International Ltd. (Nachrichten) (”LionOre”) (Toronto Stock Exchange symbol: “LIM”; London Stock Exchange symbol: “LOR”; Botswana Stock Exchange symbol: “LIONORE”), which was notified in Norway on May 21, 2007, has been approved under the Norwegian Competition Act of 5 March 2004 [...]
Recent decreases in the price of nickel do not signal a break in the extraordinary times enjoyed by the industry, including Greater Sudbury miners, observers say.
“The fundamental market, the premiums in the nickel business are still holding up very strong. They haven’t changed at all,” Montreal-based nickel analyst Terry Ortslan said Friday.
After falling below US [...]
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 [...]
Guinea`s Mines Ministry said the country`s parliament had recommended it renegotiate contracts with a US oil company and a Russian-controlled bauxite producer to obtain better terms for the nation.
Guinea`s new government, appointed in March as part of a deal to end violent strikes and protests in the world`s top bauxite exporter, said last month it [...]
