First doré gold poured at Polyus’ Natalka

MINEX Forum | December 5, 2017
img0 BY: MARIAAN WEBB  JOHANNESBURG () – Russian gold major Polyus has poured its first doré gold at the Natalka project as part of the hot commissioning process of the 10-million-tonne-a-year mill at the greenfield projectin the Magadan region. The Natalka mill is expected to be fully ramped up by the end of next year, delivering between 420 000 oz/y and 470 000 oz/y of gold, Polyus reported ...

Uranium companies jump on another round of Kazatomprom production cuts

MINEX Forum | December 5, 2017
img0 BY: HENRY LAZENBY An announcement Monday by the world’s largest uranium producer, the National Atomic Company of the Republic of Kazakhstan(Kazatomprom), that it would curtail another 20% of output for three years, starting from January, sent most TSX-listed uranium companies’ equities soaring. The national miner said it was committing to the production cut to better align its output with ...

Rio Tinto appoints one of its own as the company’s new chairman

MINEX Forum | December 5, 2017
img0 British-born Simon Thompson, 58, will succeed Jan du Plessis as Rio Tinto’s chairman. (Image: Rio Tinto.) World’s second largest miner Rio Tinto (ASX, LON, NYSE:RIO) ended Monday a nine-month search for a new chairman, announcing industry veteran Simon Thompson as the person who will assume the post in March. The appointment of Thompson (58), one of Rio Tinto’s ...