Category: Asia

Polymetal Adds 2nd POX Line at Amursk

Polymetal International has started construction of a second pressure oxidation (POX) line to process refractory gold concentrates at its Amursk facilities in Russia’s far southeast. Designated POX-2, the project site is...

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Lydian Completes Hydrogeological Survey at Amulsar

At the end of January, Lydian International Ltd. has concluded its isotopic investigation of groundwater systems at the company’s gold project at Amulsar and the Jermuk area. In November, the hydrogeological survey was...

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India Readies Mining Policy Blueprint

By Ajoy K. Das The Indian government has worked out a blueprint aimed at liberalizing the policy framework of domestic mining, including tax incentives, co-mining of leasehold areas, and even partial funding of exploration...

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Polymetal Begins Building Nezhda Gold Mine in Russia

Polymetal International has started construction at its Nezhda gold project in northeast Yakutia, Russia. The life-of-mine plan includes 19 years of conventional open-pit mining from 2019 through 2037 and 17 years of underground...

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Vedanta’s Mines Reach All-time High

In its most recent quarterly report, Vedanta reported mined metal production from underground mines for Q2 FY2019 was at an all-time high of 232,000 metric tons (mt), up 10% sequentially and 44% y-o-y driven by 33% y-o-y...

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ArcelorMittal Revises Proposal for Essar Steel

In response to media speculation, ArcelorMittal confirmed that on September 10 it submitted a revised proposal to Essar Steel India Ltd.’s (ESIL) Committee of Creditors for the acquisition of ESIL. The revised offer, which also...

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