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.
March 29, 2021 Nornickel stops water inflows at two Arctic mines The Oktyabrsky and Taymirskiy mines account for 36% of ore mined by the company in Russia.
March 28, 2021 London trader Stratton to sell First Cobalt’s refinery output in 5-yr deal Under the deal, First Cobalt will have the option to sell up to 100% of its annual cobalt sulfate to Stratton.
March 28, 2021 German steelworkers reach pay deal with union Workers will receive lump-sum payments of 250 euros each on December 28 this year and February 28, 2022.
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