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Russian Ministries reject proposed windfall tax on metals and mining firms

By: Reuters     22nd August 2018 Russian government Ministries have agreed that a proposed windfall tax on metals, mining and chemical companies was inappropriate, Industry Minister Denis Manturov said on Wednesday. "With colleagues from other Ministries, we reached a common position that as of today it's inappropriate," he... 

Higher coal prices help Russia's Mechel swing to Q3 net profit

By: Reuters     28th November 2017 Russian coal and steel producer Mechel said on Tuesday higher prices for its products had helped it swing into a net profit in the third quarter after a loss a year earlier. Higher coal prices has been supporting Mechel, which borrowed heavily before Russia’s economic crisis took hold in 2014... 

Asian Mineral Resources appoints new board member

By: Megan van Wyngaardt     2nd July 2015 Nickel miner Asian Mineral Resources (AMR) has appointed Evgenij Iorich to its board of directors, replacing Stephen Gill, who recently retired. The company owned and operated the 6 400 t Ban Phuc nickel mine in Vietnam. 

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