ENRC Mining News

Glencore may consider bidding for ENRC Kazakhstan manganese assets

ENRC was delisted from the London Stock Exchange after the largest investor backed the founders' US$4.5 billion takeover last year.

ENRC swallows Kazakhstan coal producer for $600 million

Eurasian Natural Resources Corporation (ENRC) has paid US$600 million for the remaining 75% of Kazakhstan coal producer Shubarkol Komir.

Doubling in profit sees ENRC positive for 2011

Kazakh mining group ENRC (ENRC.L) said underlying profit more than doubled, on record production and demand recovery for its products, and that the global economic outlook is still improving. Underlying EBITDA jumped 118 percent to $3.19 billion, in line with the consensus, as revenue rose 72 percent to $6.60 billion.