• Geomega adds technical and operations management experience
• Geomega nominates Nicholas Nickoletopoulos to its Board of Directors Montreal, September 16, 2020

The board of directors of Petropavlovsk PLC announces the appointment of Mr. Malay Mukherjee as a new independent non-executive director with immediate effect.

Turquoise Hill Resources Ltd. today announced its financial results for the period ended June 30, 2020.

“Faced with the challenges of operating within the constraints posed by the COVID-19 pandemic, the Oyu Tolgoi team posted outstanding safety and production performance in the second quarter of 2020. The open pit operations have continued uninterrupted, and the underground development, while experiencing restrictions on workforce numbers and the ability to repatriate specialists from around the world, has continued to progress. The team’s focus on optimization initiatives has resulted in, among other things, an increase to our 2020 gold production guidance.

Maciej Gwozdz, President, business area Europe has decided to resign from Outokumpu to take a new position in another company. He will continue to work in Outokumpu in his current position until the end of September. His successor will be appointed in due course.

Revenues for the second quarter were SEK 13,391 m (12,747), with an operating profit, excluding revaluation of process inventory, of SEK 1,634 m (1,631). Free cash flow amounted to SEK 1,174 m (789).

Boliden Harjavalta has chosen Metso Outotec’s SMD grinding mills to improve the capacity of its slag concentrator.

Nordic Mining has submitted an application to the Environment Agency for substitution of chemicals used in the ore processing for the Engebø rutile and garnet project. The planned consumption is a 99% reduction compared with the granted chemicals in the environmental permit of 2015.

Outokumpu Oyj’s Board of Directors has at its first meeting appointed two permanent committees, Audit Committee and Remuneration Committee, and decided on their composition.

Critical and economically significant metals, such as cobalt and nickel, can be recovered profitably from metal refining wastes as well as ores with lower than usual concentrations. This was demonstrated by an EU project coordinated by VTT, which developed new and combined existing recovery methods. Various stakeholders interested in using low-grade ores and waste can evaluate the valorization of raw-material streams with the webtool developed in the project.

Anglo American plc notes the announcement by Anglo American Platinum Limited released to the Johannesburg stock exchange. The text of the announcement is copied below:

Anglo American Platinum has safely and successfully completed the repair of the Anglo Converter Plant (ACP) Phase B unit. The ACP and full downstream processing operations are completing a safe ramp-up and expect to be fully operational from 12 May 2020. Force majeure to suppliers of concentrate will be lifted on that date.

McCarthy Tetrault has dominated the mergers and acquisitions (M&A) legal advisers league table, by leading data and analytics company GlobalData, based on deal value in Q1 2020, having advised on two deals worth US$748.4m.

Canada’s metals & mining industry saw a rise of 19.4% in overall deal activity during February 2020, when compared with the last 12-month average, according to GlobalData’s deals database.

Canada’s metals & mining industry saw a drop of 44.7% in overall deal activity during December 2019, when compared with the last 12-month average, according to GlobalData’s deals database.

Total metals & mining industry M&A deals in September 2019 worth $1.9bn were announced globally, according to GlobalData’s deals database.

The Mining and Metals Blockchain Initiative will pool resources and cost, increase speed-to-market and improve industry-wide trust that cannot be achieved by acting individually. It aims to be a neutral enabler for the industry, addressing the lack of standardization and improving efficiency.

Cimic Group’s mineral processing company, Sedgman, has been awarded a contract by Nevada Copper Inc. for the engineering, procurement and construction (EPC) of the Pumpkin Hollow Copper concentrator and associated infrastructure in Nevada, USA (the ‘’EPC Contract’’).

Cimic Group company UGL has secured new maintenance, project and shutdown services contracts in the resources sector with a combined value of approximately $139 million.

Cimic Group’s mineral processing company, Sedgman, has been awarded a contract by Heron Resources Limited to deliver the Woodlawn zinc-copper processing facility and associated infrastructure.