March 30, 2021

50-year gold price vs stocks chart shows bullion fair value above $2,500

Gold vs the S&P 500 since end of gold standard indicates bullion’s bull run to resume based on historical norm. That, or stocks are in for a beating.

March 30, 2021

Eramet board backs CEO for new term after shareholder tussle

Eramet's board unanimously agreed to propose that Christel Bories be renewed for a second four-year term.

March 30, 2021

Dundee extends Chelopech mine life to 2029

Total proven and probable reserves are now 18.6 million tonnes grading 2.89 g/t Au, 7.73 g/t Ag and 0.84% Cu.

March 30, 2021

Nornickel board calls on shareholders to discuss proposed change to dividend policy

Nornickel's dividend policy is set under an agreement between Interros Holding, controlled by Vladimir Potanin, and Rusal.

March 30, 2021

Nornickel expects full production at Oktyabrsky mine in first half of May

Production at the Taimyrsky mine, which has also been affected by water, would begin in June.

March 29, 2021

Russian gold producer GV Gold postpones IPO

Its shareholders, including US fund BlackRock, planned to raise $450-560 million by selling about 37% of the miner through the IPO.

March 29, 2021

Rusal open for talks over Nornickel dividend

The board of directors at Nornickel, in which Rusal holds a 27.8% stake, will discuss its 2030 investment strategy and dividend guidelines on March 29.

March 29, 2021

British ministers reject Sanjeev Gupta’s bailout plea

British ministers have rejected a request from mining magnate for a $234.36 million emergency loan to prevent his group, GFG Alliance, from collapsing.

March 29, 2021

Proposed spin-off of Nornickel copper mine may ease dividend talks

Nornickel said last week that the spin-off of the Bystrinsky mine near the Russia-China border would happen within two years subject to regulatory and other approvals.

March 29, 2021

Decommissioning, environmental costs often underestimated – study

Swedish researchers say insufficient financial reporting by mining companies may lead to an underestimation of environmental liabilities.