Polymetal shareholders approve sale of Russian assets
Shareholders of precious metals producer Polymetal International approved the sale of its Russian assets to a Siberian gold miner, the company said on Thursday.
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Visit: 99
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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Visit: 88
Polymetal to drop out of top 10 gold miners on Russia sale
Polymetal International Plc will no longer rank among the world’s top 10 gold miners by output after the sale of its Russian business, which was sanctioned by the US last year due to the invasion of Ukraine.
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Visit: 118
Polymetal to sell Russian business in one piece
Mining News Pro - Gold and silver producer Polymetal International plans to sell all of its Russian assets rather than split them up, and will hire an adviser for the deal soon, chief executive Vitaly Nesis said on Thursday.
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Visit: 195
Polymetal plans to sell Russian assets under sanctions in 6-9 months
Mining News Pro - Gold and silver producer Polymetal International, which had planned to separate its Russian and Kazakh businesses, now intends to sell assets in Russia under US sanctions within six to nine months, CEO Vitaly Nesis said on Wednesday.
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Visit: 198
Glencore to buy remaining 18% stake in PolyMet Mining
Mining News Pro - PolyMet Mining Corp on Monday accepted Glencore Plc’s proposal to buy the remaining 18% stake in the company for about $73 million.
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Visit: 131
Glencore offers to buy rest of PolyMet for $71m
Mining News Pro - Mining and commodities giant Glencore has offered PolyMet Mining to buy the company’s shares it does not already own for $2.11 in cash each, or about $71 million.
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Visit: 129
Polymetal considers divestment of Russian business
Mining News Pro - Gold and silver producer Polymetal International is considering divesting its Russian operations and senior managers have resigned from Russia-related duties after the imposition of US sanctions, the company said on Monday.
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Visit: 164
Polymetal plays down scope of sanctions as London-listed shares tank
Mining News Pro - Gold producer Polymetal International PLC sought to play down the impact of US sanctions on its Russian operations as its London-listed shares tanked on Monday, emphasizing that the restrictions did not affect its business outside Russia.
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Visit: 156
Teck, PolyMet launch NewRange Copper Nickel JV to advance Minnesota projects
Mining News Pro - Teck and PolyMet have launched the NewRange Copper Nickel joint venture with the aim to supply critical minerals for the clean energy transition across North America. Together, they plan to become the second nickel producer in the US.
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Visit: 160
PolyMet and Teck form JV to develop Minnesota mining projects
Mining News Pro - PolyMet Mining Corp and Teck Resources Ltd said on Wednesday they will form a joint venture to develop their Minnesota copper and nickel mining projects.
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Visit: 352
PolyMet and Teck form JV to develop Minnesota mining projects
Mining News Pro - PolyMet Mining Corp and Teck Resources Ltd said on Wednesday they will form a joint venture to develop their Minnesota copper and nickel mining projects.
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Visit: 291
The Metals Company deep-water tests polymetallic nodule collector vehicle in Atlantic
Mining News Pro - The Metals Company, an explorer of lower-impact battery metals from seafloor polymetallic nodules, announced Tuesday it has completed initial deep-water trials of the polymetallic nodule collector vehicle in the Atlantic Ocean.
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Visit: 436
EPA deals fresh blow to PolyMet’s $1 billion copper-nickel mine
Mining News Pro - The US Environmental Protection Agency (EPA) has dealt a fresh blow to PolyMet Mining’s plans to build an open pit copper-nickel mine in Minnesota, by recommending the US Army Corps of Engineers not re-issue a key water-related permit.
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Visit: 433
Polymetal shuns local sales in favor of exports
Mining News Pro - Polymetal International Plc, a London-listed gold miner operating mainly in Russia, said it’s avoiding selling to the country’s banks as they will only buy at a discount.
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Visit: 577
UK chairman of Polymetal among ‘mass exodus’ from Russian firms
Mining News Pro - Board members at Russian companies, including the British chairmen of gold and silver producer Polymetal and metals and hydropower group EN+, have quit in response to the conflict in Ukraine.
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Visit: 421
Environmental groups sue to undo PolyMet mine deal in Minnesota
Mining News Pro - Environmentalists sued the U.S. Forest Service on Tuesday in an attempt to reverse a 2017 land transfer that gave PolyMet Mining Corp more than 6,600 acres (2,670 hectares) needed to build an open pit copper and gold mine in northern Minnesota.
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Visit: 420
Minnesota court orders review of water permit for PolyMet mine
Mining News Pro - The Minnesota Court of Appeals on Monday ordered state regulators to reconsider a wastewater permit that was granted to PolyMet Mining Corp to build an open-pit copper mine, though judges rejected six other challenges to the permit from environmentalists.
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Visit: 626
Polymetal hikes 2021 capex guidance
Mining News Pro - Polymetal on Thursday announced a new capital expenditure (capex) guidance for 2021, on the back inflationary cost pressures and the acceleration of a new silver project to take advantage of the favourable market.
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Visit: 613
Polymetal hikes 2021 capex guidance
Mining News Pro - Polymetal on Thursday announced a new capital expenditure (capex) guidance for 2021, on the back inflationary cost pressures and the acceleration of a new silver project to take advantage of the favourable market.
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Visit: 479
Court challenge to PolyMet water quality permit dismissed
Mining News Pro - A federal judge on Tuesday dismissed a challenge to the US Environmental Protection Agency’s (EPA’s) oversight of a water quality permit issued to PolyMet Mining, which is developing the NorthMet copper/nickel/palladium project in north-eastern Minnesota.
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Visit: 521
Polymetal reports coronavirus outbreak at one of its deposits
Mining News Pro - Russian gold and silver producer Polymetal said on Monday that about 100 people had tested positive for the new coronavirus at its Mayskoye deposit in Russia`s Far East.
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Visit: 659
Polymetal to build $80m Kutyn gold project
Mining News Pro - The $80-million Kutyn gold project, about 100 km from the Albazino mine in Far East Russia, has received board approval and will proceed to construction, London- and Moscow-listed Polymetal announced on Tuesday.
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Court finds in favour of PolyMet’s permit
Mining News Pro - ARamsey county District Court judge has found that the Minnesota Pollution Control Agency (MPCA) did not engage in any procedural irregularities in connection with the processing of the national pollutant discharge elimination system (NPDES) permit for the NorthMet copper/nickel/precious metals project, says dual -listed PolyMet Mining.
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Visit: 590
Polymetal installs autoclave at POX-2
Mining News Pro - Russian gold miner Polymetal has reached a “crucial” project milestone with the installation of the autoclave vessel at the POX-2 construction site, keeping the project on track for completion in three years’ time.
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Visit: 820