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Ukrainian Metal

Ukrainian Metal

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Russia: Potanin suggests postponing Nornickel dividends

President of Norilsk Nickel, Vladimir Potanin, has suggested shareholders postpone paying dividends this year due to a crisis. Rusal, the largest shareholder, has not supported this. “Of course, shareholders like dividends. But when there is a choice between increased dividends and investments in strategic development, 75% of minor shareholders choose investments. During crisis it is…

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Azerbaijan: AzerGold invests $9.5 million in exploration drilling and research

AzerGold CJSC has signed a $9.5-million contract with AT-Geotech LLC for exploration drilling, geotechnical research, laboratory analysis, monitoring of results and report preparation work in the country. AzerGold CJSC secured the contract via a tender, the official website on public procurement reported. Established in 2015, AzerGold CJSC is engaged in the study, research, exploration, management…

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