Russia: A-Property cleared to buy Elga

The Federal Antimonopoly Service of Russia has approved of the A-Property claim to buy 100% in the Elga coal project of Mechel. In particular, the company will buy 100% in Elgaugol LLC, Elga-Doroga LLC and Mechel Trans Vostoc. Mechel owns 51% in these companies, and Gazprombank – the rest. Elga is one of the largest…

Russia: Amurstal CEO replaced

The meeting of Amurstal shareholders decided to replace the CEO of the company. As a result, Grigory Freidin, representing the largest shareholder – Moscow businessman Pavel Baulsky, has become the new director. The new management suspects embezzlement of 2 billion rubles at the company. At present the company is not operating, as there is no…


Russia: Mikhailovsky GOK produces 1.8 million of high-grade iron ore concentrate using fine screening technology

The first phase of Derrick Fine Screening Technology was launched in four technological sections of the beneficiation plant on September 3, 2019. As a result, 3.7 million tons of iron ore concentrate are expected to be produced in 2020 at the fine screening technology sections. Beneficiated concentrate with increased iron content and reduced silica level…

Armenia: Intergovernmental Forum on Mining, Minerals, Metals and Sustainable Development joined

The Government of the Republic of Armenia, through its Ministry of Territorial Administration and Infrastructure, has expressed its commitment to good governance of the mining sector by joining the Intergovernmental Forum on Mining, Minerals, Metals and Sustainable Development (IGF). “We are pleased to welcome Armenia as the IGF’s 75th member,” said Greg Radford, Director, IGF.…