Kyrgyzstan: moratorium on alluvial gold mining proposed

It is proposed to introduce a moratorium on alluvial gold mining in Kyrgyzstan, the expert, co-founder of Chatkal Development Fund, Gamal Soronkulov, declared. According to him, the extraction of alluvial gold causes serious damage to the environment. “Since 2004, we have been fighting with alluvial gold mining companies. None can prove that they benefit, none…

Russia: Polymetal exchanges Tarutinskoye deposits

Polymetal International plc has completed the deal to exchange its Tarutinskoye deposits in Russia for an 85% share in the Vostochno-Tarutinskoye deposits in Kazakhstan without additional payment. The deal was announced on April 16. “The Vostochno-Tarutinskoye is a good addition to our Varvarinskoye enterprise, which will simplify operational management by removing difficulties with transferring ore…

Russia: NLMK Board approves corporate documents

At a meeting held on December 21, NLMK Group’s Board of Directors approved updated versions of its internal corporate documents (NLMK Group’s Anti-Corruption Policy, NLMK Group’s Corporate Ethics Code, Regulations on NLMK’s HR, Remunerations and Social Policy Committee, Regulations on NLMK’s Corporate Secretary, NLMK’s Corporate Governance Code). Updated versions of NLMK Group’s Corporate Ethics Code…