Endomines AB started the recruitment for a permanent CEO in the summer 2021 after Marcus Ahlström, Interim CEO and CFO of the company had informed the Board that he will be stepping down in October.
The recruitment process has proceeded very well and as planned. The company anticipates being able to appoint the new permanent CEO in the beginning of 2022.
Boliden has been granted an environmental permit for an increase in the annual production rate in Garpenberg. As a result of the decision, bottleneck investments can be initiated with the aim of increasing production to 3.3 Mtons per year.
Metso Outotec will deliver a high-capacity, high-powered Premier™ SAG mill to Northern Star Resources Limited’s Thunderbox gold mine expansion located in Yandal Belt, north of Kalgoorlie in Western Australia.
Metso Outotec has signed an agreement to deliver industry-leading dewatering, flotation and automation equipment for the Nornickel Talnakh processing plant expansion project in Norilsk, Russia. The order value, which is not disclosed, has been booked in Minerals’ Q2 and Q3 2021 orders received.
Eldorado Gold Corporation announces today that it has entered into a definitive agreement with G Mining Ventures Corp. to divest its Tocantinzinho Project located in Brazil.
Vale informs that a new five-year collective bargaining agreement with United Steelworkers Local 6500 was ratified in voting Tuesday evening. This ends the labour disruption that began June 1, 2021.
Zinc and, Normet Group Oy, represented by Mr. Subhasis Mohanty, Vice President, India Sales Area signed a Memorandum of Understanding (MoU) to introduce Normet SmartDrive® - a modular Battery Electric Vehicle (BEV) to Hindustan Zinc with an aim to not just bring electromobility in Hindustan Zinc operations but also lead the way for decarbonizing the future of Indian mining.
The Board of Red Hill Iron Limited (RHI) announced that it has entered into a binding agreement to sell it’s 40% interest in the Red Hill Iron Ore Joint Venture to a wholly owned subsidiary of Mineral Resources Limited.
Nornickel, the world's largest producer of palladium and high-grade nickel and a major producer of platinum and copper, headed by Vladimir Potanin, has produced its first batch of certified carbon-neutral nickel, which will be shipped to customers.
Scientists at the University of Oxford demonstrate how it is possible to directly extract valuable metals from hot salty fluids (‘brines’) trapped in porous rocks at depths of around 2km below dormant volcanoes.
The board of Glencore announces that Tony Hayward will retire as Chairman and Kalidas Madhavpeddi will be appointed as the new Chairman on 30 July.
Project improves end to end production visibility and helps digitalize operations using ABB Ability Data Analytics Platform for metals
SSAB has completed a framework that will provide an opportunity to issue sustainability-linked bonds. The framework complies with Sustainability-Linked Bond Principles and will strengthen SSAB’s position on the capital markets.
Håkan Folin, Executive Vice President and CFO at SSAB, has decided to leave SSAB to take up the position of Executive Vice President and CFO at Epiroc.
Metals and mining companies CMOC, Eurasian Resources Group (ERG) and Glencore in collaboration with battery material supplier Umicore are piloting ReISource, a solution to trace responsibly produced cobalt from the mine to the electric car. A global EV pioneer and one of the world’s leading battery makers are also part of the pilot. Tested in real operating conditions, from upstream cobalt production facilities in the Democratic Republic of the Congo (DRC) to downstream electric vehicle production sites, the pilot will run until the end of 2021, with the roll-out of the final solution expected in 2022.
Endomines reports that the re-start of operations at Pampalo mine is continuing to progress very well and all work phases of the re-start are moving forward according to plans and on schedule.
TD Securities was the top mergers and acquisitions (M&A) financial adviser in the metals & mining sector for Q1 2021 by volume, while Goldman Sachs and Perella Weinberg Partners jointly held the top position by value. Both Goldman Sachs and Perella Weinberg Partners advised on one deal each worth US$1.7bn, which was the highest value among all the advisers. Meanwhile, TD Securities led in volume terms having advised on three deals worth US$1.2bn. A total of 374 M&A deals were announced in the sector during Q1 2021, according to GlobalData, a leading data and analytics company.
The board of directors of Petropavlovsk PLC announces the appointment of Mr. Mikhail Irzhevsky as an independent non-executive director with effect from 16 April 2021.
The UK must act now to ensure a stable supply of technology-critical metals (TCMs) essential for its transition to clean energy and the delivery of its ten point plan for a green industrial revolution, according to a new Policy Commission report produced by the University of Birmingham.
Deshnee Naidoo is the new Director of Finance and Business Development for the Base Metals business.