BlackRock reduces stake in Polymetal International
US investment firm BlackRock has reduced its stake in precious metals producer Polymetal International to 7.45% from 9.91%, the gold and silver miner said on Friday.
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BlackRock-backed Russian gold miner starts $500m IPO
Mining News Pro - GV Gold, a Russian gold miner backed by BlackRock, is planning an initial public offering in Moscow that may raise as much as $500-million.
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BlackRock’s Fink ‘bearish’ on emerging markets
Mining News Pro - BlackRock CEO Larry Fink said that he believes emerging markets are on a downward slide as he sees strong macro trends weighing on the asset class.
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BlackRock lifts stake in Sibanye-Stillwater to 5%
Mining News Pro - Precious metals miner Sibanye-Stillwater has been advised that one of its top ten investors, BlackRock Incorporated, has increased its shareholding in the company to 5%.
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BlackRock cuts stake in US coal giant after climate pledge
Mining News Pro - Less than a month after vowing to unwind its investments in coal, BlackRock Inc. has cut its stake in the biggest U.S. miner.
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Big coal escapes BlackRock’s new climate plan
Mining News Pro - BlackRock Inc. will cut exposure to thermal coal as the world’s largest asset manager moves to address climate change, but that doesn’t mean it’s selling out of the biggest producers — including top shipper Glencore Plc.
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Visit: 721