Nussir says the area contains an estimated 72 million tonnes of copper ore - Norway's largest reserve.
Europe Mining News
The company proposed a total shareholder payout of 13 crowns per share, composed of an ordinary dividend of 8.75 crowns and an extra payment of 4.25 crowns through an automatic share redemption.
In the previous year, Russia's gold output was 306.9 tonnes and silver output 1,044.3 tonnes.
Vist Group launched a robotized towing truck project together with Nazarbayev University and Russian truck maker Kamaz.
The Russian miner sees encouraging prospects from colourful diamonds, market in which it aims to become the world’s leader.
The company said the acquisition is key to help miners in its portfolio know the ore characteristics within their mines.
Russia has overtaken China to become the world's fifth largest state holder of gold.
Nicolas Maduro is under pressure at home and abroad, and being encouraged by the U.S. to go to “a nice beach somewhere far from Venezuela.” The question is where would -- or could -- he go?
Worldwide demand for sand totalled about 9.55 billion tonnes in 2017 with a market value of $99.5 billion and is projected to reach almost $481 billion in 2100.
The gold ownership bill presented by euroskeptic lawmaker Claudio Borghi of the League adds to an already tense relationship between the Bank of Italy and the coalition government.
The country's largest gold producer reported a 20% jump in fourth-quarter adjusted net profit to $291 million compared with last year, lifted by increased production and rising sales of the metal.
The resulting material is expected to be used in the maritime industry.
While there are deficits ahead, the global aluminium demand picture will improve.
Windfall gold project in Quebec tops list and Global Atomic Corp's uranium project in Niger comes in second.
The European steel sector is navigating choppy waters as the car industry is slowing and pressure on oil prices has dampened demand from the oil equipment industry.
ArcelorMittal is investing in projects in Mexico and Brazil, and has bought Votorantim in Brazil and Italy's Ilva, Europe's largest capacity steel plant.
MMK expects healthy output volumes, and that the asset will not remain loss-making in 2019.
"A prolonged embargo will have negative impact on earnings, cash flow and sentiment."
The company unearthed three of the 15 diamonds over 100 carats it found in 2018 in Q4, but carat recovery dropped by 17% to 29,523 ct in the period.
The Russian gold producer has received a 15-year mining permit for its Lefa mine.
"Downtime is a billion-dollar problem for the industry as unplanned outages can cause the industry to lose up to 10% of production time a year”
Plant previously served as the CEO of auto parts maker TRW Automotive from 2003 to 2015.
PPC, which is 51% state-owned, and the energy ministry are handling the divestment and the European Commission is overseeing the process.
The best defense against the repercussions of a mounting pile of debt, and the new cold war, is to own gold - the traditional safe haven.
Carmakers may have to consider investing directly in cobalt mines in order to secure supply over the next three to five years, according to ord Motor Co. senior manager for energy storage strategy and research Ted Miller.