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Recent News Stories

  • Mechel’s hardware production upgrade project wins state support

    Mechel’s hardware production upgrade project wins state support

    Mechel PAO (MOEX: MTLR; NYSE: MTL), a leading Russian mining and metals company, reports that the Supervisory Board of Russia’s Industry and Trade Ministry’s Industrial Development Fund approved a low-interest loan to Mechel Group’s Beloretsk Metallurgical Plant for upgrading its wire and rope production facilities. The project’s cost will total 1.5 billion rubles, with the Industrial Development Fund footing the bill for 50% of this

  • Newmont and Goldcorp Successfully Create World’s Leading Gold Company

    Goldcorp Inc. (NYSE: GG, TSX: G) (“Goldcorp”) and Newmont Goldcorp Corporation (NYSE: NEM, TSX: NGT) (“Newmont Goldcorp” or “the Company”) today announced the successful conclusion of the transaction combining Newmont Mining Corporation and Goldcorp to form the world’s leading gold business. Newmont Goldcorp features an unmatched portfolio of assets, prospects and talent. This portfolio includes long-life operations and profitable expansion and exploration options in some

  • Store Norske Spitsbergen Grubekompani

    The Norwegian Government, which owns Store Norske Spitsbergen Grubekompani AS, have decided to close the Coalmines in Lunckefjell and Svea at Svalbard. The area has to be cleared and all the equipment including spare parts are to be sold. The clearing process will take place over several years and the machines and equipment will be sold continuously as they are released. THE FOLLOWING SURFACE EQUIPMENT

  • Normet Introduces new technologies for sustainable and green mining and invests into factory expansion in Iisalmi, Finland

    Normet Introduces new technologies for sustainable and green mining and invests into factory expansion in Iisalmi, Finland

    Normet SmartDrive, a fully electric offering for mining and tunneling construction was launched at Bauma exhibition last week. The fully electric technology on all SmartDrive fully electric battery-operated machines is sustainable and green. The SmartDrive design is a sophisticated and fully engineered battery electric architecture operating underground totally emission-free and saving costs at the same time. Normet also presented the SmartScan 3D laser scanning technology

  • Orsu Metals announces a maiden Inferred Mineral Resource at its Sergeevskoe Gold Project, Russia

    Orsu Metals Corporation (TSX-V: OSU) (“Orsu” or the “Company”) announces the results of a maiden Mineral Resource estimate for its Sergeevskoe Gold Project in Zabaikalsky Region, Russia. The Mineral Resource estimate was independently prepared by Wardell Armstrong International Ltd. (“WAI”) in accordance with the guidelines of the JORC Code (2012)/CIM Definitions Standards and NI 43-101 requirements. A Technical Report covering the Mineral Resource estimate will

  • Mechel ups coke sales to Turkey

    Mechel ups coke sales to Turkey

    Mechel PAO (MOEX: MTLR; NYSE: MTL), a leading Russian mining and metals company, reports signing an agreement on supplies of metallurgical coke to Turkey’s major sugar producer Kayseri Sugar. According to the contract, Mechel is due to supply its Turkish partners with up to 90,000 tonnes of metallurgical coke in 2019-2021 (approximately 30,000 tonnes each summer season). The price will be determined following negotiations. The

  • Wirtgen Group Booth at Bauma 2019 Draws Record Number of Visitors

    A total of 120 exhibits, including 18 world premieres and 25 innovations as well as six interactive technology demos: the Wirtgen Group’s booth at Bauma was packed with leading machine and application technologies from Wirtgen, Vögele, Hamm, Kleemann, Benninghoven, and John Deere. First Joint Trade Show with John Deere The trade show in Munich clearly demonstrated that the complementary product ranges of the Wirtgen Group

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