MINEX Russia 2017: Mining in Russia – moving up with the buoyant markets

MINEX FORUM | July 12, 2017
img0 The 13th International Mining and Exploration Forum – MINEX Russia 2017 will take place at the Radisson Slavyasnkaya in Moscow on 10 – 12 October 2017. Organised under the main theme “Mining in Russia – moving up with the buoyant markets” the Forum will provide an industry-wide discussion on Russia’s mining industry growth scenarios and its ability to renew ...

Serbia anticipates investors from China

MINEX FORUM | July 12, 2017
img0 In the 19th century mansion in central Belgrade where bureaucrats plan some of Serbia’s important overseas projects, 64-year-old Ivan Mrkic is busy unpacking boxes teeming with the books, research papers and maps he needs to become an instant expert on China. Mrkic, a one-time Foreign Minister, anticipates investors from Hong Kong and Beijing will pour tens of millions of euros into eastern Europe and he wants Serbia — among ...

ALROSA sold $365 million worth of diamonds

MINEX FORUM | July 12, 2017
img0 In June 2017, ALROSA Group sold USD 365 million worth of rough and polished diamonds. Rough diamond sales by value amounted to USD 354.4 million, polished diamond sales – USD 10.6 million. In January–June 2017, ALROSA’s rough and polished diamond sales edged up to USD 2.497 billion. Rough diamonds were sold for USD 2.442 billion, ...

Polyus buys Rostech’s share in Sukhoi Log

MINEX FORUM | July 12, 2017
img0 PJSC Polyus (LSE, MOEX — PLZL), the largest gold producer in Russia, announced that a 100% subsidiary of the Company, JSC Polyus Krasnoyarsk, has entered into a number of option agreements («Additional Options») with LLC «RT Business Development» («RT»), a wholly owned subsidiary of Russian State Corporation Rostec, to acquire an additional 25,1% participation interest in SL Gold Limited Liability Company («SL Gold»), a holder of the Sukhoi Log deposit license. Total consideration for the ...