Non-fueled minerals extraction

PJSC ALROSA, the world leader in diamond mining, has announced rough and polished diamond sale results for December 2016 and interim results for 2016. Rough diamond sales by ALROSA Group in December 2016 amounted to USD 173 million. 

Dundee Precious Metals Inc. (TSX:DPM) announced that it has entered into a definitive agreement with respect to a C$43.7 million strategic equity investment in DPM by the European Bank for Reconstruction and Development

The Board of Directors of PJSC «MMC «NORILSK NICKEL» (hereinafter Nornickel or the Company), the leading global nickel and palladium producer, approved the Company’s budget for 2017.

On 14 December 2016 ALROSA repaid a $370 mln bank loan to JSC UniCredit Bank received in April 2014. The bank loan was repaid with cash from operations, thus reducing debt down to $2.3 bn.

PJSC ALROSA, the world leader in diamond mining, has announced the initiation of the procedure to rename its foreign-based trading subsidiaries and affiliates ARCOS.

Market News alert Lucara Diamond Corp

Rio Tinto has appointed two executives to its management team to step up performance in its people and partnering capabilities, which are core enablers of the company’s strategy and long-term focus under chief executive J-S Jacques.

Ilya Yaroshevich, Chief Legal Officer, became a member of the Management Board of the Russian-Chinese Legal Society.

ALROSA’s 9M 2016 revenue increased by 48% y-o-y and totaled RUB 255.6 bn. EBITDA grew by 67% y-o-y to RUB 150.0 bn, with EBITDA margin totaled 59%.

ALROSA, the world leader in diamond mining, is launching satellite radar monitoring of the earth surface displacement in the areas of its diamond deposits.

PJSC ALROSA, the world leader in diamond mining, has announced rough and polished diamond sales results for October 2016. 

Serabi Gold (AIM:SRB) (TSX:SBI), the Brazilian focused gold mining and development company has reported record gold production for the third quarter of 2016 and Cash Costs of production for the year to date of US$772 per ounce.