Accident in Alrosa’s Mir mine: Russia’s Investigative Committee has launched the fact-finding mission

MINEX FORUM | August 9, 2017
img0 Russia’s Investigative Committee has launched a criminal case over the flooding incident in the Alrosa diamond company’s Mir mine, located in the Siberian Republic of Yakutia, a source in the committee’s press service told TASS. “The Investigative Committee has launched a criminal case in accordance with Article 216.1 of the Russian Criminal Code (breach of ...

Greece is about to start an arbitration process over Eldorado GoldCorp’s mine

MINEX FORUM | August 4, 2017
img0 Greece plans to start an arbitration process in August to settle its differences with Canada’s Eldorado GoldCorp. over a gold mine development, miningweekly.com noted with reference to the energyministry statement. Energy Minister George Stathakis met Eldorado’s management in Athens on Wednesday and the two sides discussed the issue, the ministry said in a statement. Eldorado is developing the Skouries and Olympias projects in northern Greece, where it also operates the Stratoni mine. Skouries has ...

Uranium One postpones is Tanzanian uranium project

MINEX FORUM | July 9, 2017
img0 Russian state nuclear corporation Rosatom suspends Mkuju River uranium project in Tanzania for at least three years due to depressed uranium market. Rosatom, which previously hoped to start construction and mining uranium at Mkuju River project in 2013, 2016 and in 2018 respectively, decided to suspend the development of this project until the demand for uranium is ...

Auriant Mining to issue new shares for 178 MSEK

MINEX FORUM | June 28, 2017
img0 The Board of Directors of Auriant Mining AB announces its plan to propose a partially underwritten rights issue totalling approximately 178 MSEK (the “Offering”) to an Extraordinary General Meeting. The Offering is expected to consist of a maximum of 71,209,716 new shares (the “Offer Shares”). • The Company announced on 10th May that it was ...