Ukraine Cuts Dependence on Russian Nuclear Fuel, Moves Away From Coal

MINEX FORUM | February 8, 2018
img0 Southern Ukraine Nuclear Power Plant (Source: ru-an.info) Westinghouse will extend nuclear fuel deliveries to seven of Ukraine’s fifteen nuclear power units to 2021–2025, in line with a contract signed between this firm and Ukraine’s state-owned nuclear power company Energoatom. Deliveries to Ukraine under the new deal are to begin immediately after the current contract expires ...

MINING INDABA 2018: Yilmaden in Cape Town seeking investment, diversification opportunities

MINEX FORUM | February 8, 2018
img0 Yilmaden Holding has sent a team of senior representatives to Mining Indaba to secure investment opportunities in markets including cobalt, vanadium and molybdenum. The company, a subsidiary of Turkish industrial conglomerate Yildirim Group, is looking for diversification opportunities in Central Asia, Africa and South America. The group already owns chrome assets in Turkey, Sweden, Russia ...

Petropavlovsk Appoints Roman Deniskin As New Chief Executive Officer

MINEX FORUM | February 8, 2018
img0 Petropavlovsk PLC said Thursday it has appointed Roman Deniskin as chief executive, effective from April 16. The Russia-focussed goldmine operator said that interim CEO Sergey Ermolenko will step down from the board and return to his previous role as general director of management. Deniskin is a Russian national with extensive experience at strategic and senior operating ...

Bamin pens deal to form integrated mining and logistics JV in Brazil

MINEX FORUM | February 8, 2018
img0 Eurasian Resources Group’s (ERG) Brazilian subsidiary, Bahia Mineração (Bamin), inked a deal on Tuesday with a consortium of Chinese companies to form a JV to develop a US$2.4bn integrated mining and logistics project in Brazil. The Chinese consortium is comprised by leading infrastructure and machinery companies and includes China Railway Group, China Communications Construction Company and Dalian Huarui Heavy ...