Petropavlovsk turns up the heat on biggest shareholder Rakishev

MINEX Forum | June 1, 2018
img0 Petropavlovsk has said it will remove the board member representing the Russian gold miner’s biggest shareholder Kenges Rakishev, ratcheting up tensions between rival investor groups over management of the company. In a notice for its annual meeting on June 29, London-listed Petropavlovsk proposed removing Rakishev’s nominated director Bektas Mukazhanov. “Upon delivery of the notice to ...

Mongolia listing boosts investors confidence in Erdene Resource

MINEX Forum | June 1, 2018
img0 Shares in Canada’s Erdene Resource (TSX:ERD), one of the very few companies that has successfully navigated Mongolia’s ever-changing policies on foreign mining investment, were off to the races on Thursday after the miner announced it had received approval for a secondary listing on the Mongolian Stock Exchange (MSE). The Halifax, Nova Scotia-based miner also said ...