Mechel
Popular Topics:
Mechel stock jumps after winning subsoil license for Pionerskoye iron ore deposit
Russian mining and metals giant Mechel listed in New York where it has a market capitalization just shy of $11bn, reported on Tuesday winning the auction for the subsoil license for Pionerskoye iron ore deposit, sending its ADRs up 3.5% in midday trade.
Pionerskoye's estimated reserves as of January 1, 2010 were 137m tonnes of iron ore with high iron content, which will enable the company to produce iron ore concentrate at the early stages of development without the need to use complex beneficiation technologies.
-
Mechel's new excavators
infomine - mining equipment and supplier news | April 28, 2008Mechel, one of Russia's leading mining and metals companies, has commissioned new modern backhoe excavators at its iron ore mining subsidiary, Korshunov Mining Plant OAO, and at its nickel mining subsidiary, Southern Urals Nickel Plant OAO. The new machines will …
- Advertise with Us
-
ANNOUNCEMENT
Orezone Completes the Sale of Sega to Cluff Gold for $26.5M
Orezone Gold Corporation (ORE:TSX) is pleased to announce that it has completed the sale of its Sega Gold Project ("Sega") in Burkina Faso to Cluff Gold plc (Cluff) for total consideration of approximately US$26.5M.
-
Get the news via email
