Polymetal completes acquisition of Komarovskoye deposit in Kazakhstan

MINEX Forum | August 2, 2016
img0 Image: metalmininginfo.kz Polymetal International plc announced the completion of the acquisition of Orion Minerals LLP (“Orion”), the holding company for the Komarovskoye Gold Deposit (“Komarovskoye”) in the Republic of Kazakhstan, from Kazzinc LTD, a subsidiary of Glencore plc. The acquisition of Komarovskoye was completed on 1 August 2016, following receipt of all required regulatory approvals. The ...

China’s potash deal benchmark have fallen to 30%

MINEX Forum | July 18, 2016
img0 Image: http://belpc.by/ Source: http://www.mining.com/china-signs-long-delayed-potash-deal-with-belarus-at-almost-third-of-last-years-price/?utm_source=digest-en-mining-160717&utm_medium=email&utm_campaign=digest China ended Thursday potash producers agonizing wait for an annual potash contract as the country, the world’s largest buyer of fertilizer ingredient, signed an overdue deal with Belarusian Potash Company (BPC). BPC, the trading division of state-owned Belarusian miner Belaruskali, said the consortium of Chinese firms agreed to buy potash this year at ...

Silk Road Fund enters the deal with Kazzinc

Irina Dorokhova | July 7, 2016
img0 Image: http://forbes.kz/ Source: http://www.mining.com/chinese-fund-eyes-glencore-gold-mine-in-kazakhstan/ China’s state-backed Silk Road Fund, a $40 billion venture that invests along the nation’s ancient trade routes with Central Asia, is said to be weighing a joint bid with China National Gold for Glencore’ gold mine in Kazakhstan. According to sources familiar with the matter, quoted by Bloomberg, the group could pay up ...