Ukraine: AMKR purchases new motor vehicles to transport personnel and potable water

Starting from this week, new vehicle KrAZ-63221 that will deliver ArcelorMittal Kriviy Rih miners to workplaces at open pits and remote dumps has been released on the roads. In total, 5 such vehicles are used for these purposes in Mining Department, and the entire fleet of crew change vehicles at the plant amounts to 26…

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Russia: VEB.RF, Sberbank and Gazprombank to cover 70% of $3 billion in Udokan project

Russian state banks VEB.RF, Gazprombank, and Sberbank will provide financing to Baikal Mining Company belonging to billionaire Alisher Usmanov that would cover up to 70% of a $2.9-billion Udokan copper deposit, Baikal Mining Company said in a statement. The shareholders of Baikal Mining Company have already invested 28.5 billion rubles and they will cover at…

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Russia: Rusal replaces board of directors

Rusal has replaced the members of its board of directors, On February 14, the executive director Sergey Popov resigned, having been elected to a governmental office. Yevgeniy Kuryanov has been appointed in his stead. From February 14, Maxim Poletayev, Randolf Reinolds, Kevin Parker, Nicolas Jordan and Christopher Burnam were appointed to the board of directors…

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