ALROSA extracted a huge pink diamond

MINEX FORUM | September 25, 2017
img0 “Almazy Anabara”, a subsidiary of ALROSA, recovered a large pink rough diamond weighing 27.85 carats. This is a unique discovery: by far the largest company’s pink rough diamond had a weight of about 4 carats, said the comapy’s press-service. If the company decides to cut this stone, it could become the most expensive polished diamond ...

Kenes Rakishev reduces his share in CALM below 14%

MINEX FORUM | September 22, 2017
img0 Image: forbes.kz Central Asia Metals PLC announces its intention to raise approximately US$153.5 million (approximately £113.0 million) through a fully underwritten placing of new ordinary shares of US$0.01 each in the Company (the Company Placing Shares) with both existing investors and new institutional investors (the Company Placing). In addition to the Company Placing, CBH Europe Limited, on behalf ...

ALROSA has been included in the FTSE4Good

MINEX FORUM | September 15, 2017
img0 ALROSA has been included for the first time in the FTSE4Good international rating, which is an indicator of compliance with internationally recognized standards of corporate social responsibility, company’s press-service reports. FTSE4Good Index Series is designed to support investment in companies based on their environmental, social and governance criteria. All the companies in the FTSE4Good Index ...

Petropavlovsk’s profit increased by 166%

MINEX FORUM | September 12, 2017
img0 Petropavlovsk PLC issues its Half Year Report for the period from 1 January 2017 to 30 June 2017 (“H1 2017″ or the “Period”). Financial Highlights ■   20% increase in Group Revenue to US$304 million (compared to US$254million in 2016) due to 19% increase in production and 5% increase in average realised gold price ■   Profit for the ...

Eurasia makes a preliminary deal with Singaporian GoldMint

MINEX FORUM | September 11, 2017
img0 Eurasia, the platinum, palladium, iridium, rhodium and gold production company, announces it has entered into a Memorandum of Understanding with GoldMint PTE (“GoldMint”), a Singapore based Limited Company, said Eurasia. It is agreed that where Eurasia identifies potential exploration and mining projects it may choose to collaborate with GoldMint on financing all or part of ...

Poluys has launched the Natalka project at the Vostok Economic Forum

MINEX FORUM | September 8, 2017
img0 PJSC Polyus (LSE, MOEX — PLZL), the largest gold producer in Russia, announced that the first stage of hot commissioning of Natalka has been officially launched by Russian President Vladimir Putin via video-link during a ceremony at the Eastern Economic Forum in Vladivostok. Following completion of the hot commissioning, the Company anticipates that full production will be launched at Natalka before the end of 2018 as earlier guided. The Natalka deposit is Polyus’ main greenfield project, ...