Новости за 01.08.2018

The US Treasury Department gave investors more time to sell their shares and debt in En+ Group and affiliate, United Co. Rusal, but stopped short of removing the aluminum and power companies from a sanctions list targeting Russian billionaire Oleg Deripaska. The deadline for investors to sell their shares and debt in En+ and Rusal was extended to October 23 from August 5, the Treasury’s Office of Foreign Assets Control, or OFAC, said in a statement on Tuesday.

With about 650-million people in Africa currently without access to electricity, Bushveld Minerals subsidiary Bushveld Energy CEO Mikhail Nikomarov believes the solution lies in area-specific solutions. He explained in an interview with Mining Weekly Online that a solution needs to be an energy-intensive one, which he says can be found in adopting vanadium redox flow battery (VRFB) technology in renewable energy applications.

Gold and silver miner McEwen Mining has appointed senior executive Chris Stewart as president and COO with effect from September 1, succeeding Xavier Ochoa who resigned last month to pursue an opportunity closer to his family in South America. Stewart has 25 years of diversified experience in the mining industry. Most recently, he was the president and CEO of Treasury Metals, a junior gold developer focused on its properties in north-western Ontario.

Dual-listed Paladin Energy has moved to take full control of junior uranium explorer Summit Resources, in which it already holds an 82.08% interest. Paladin on Wednesday announced an off-market takeover offer for the remaining shares in the ASX-listed Summit, offering one new Paladin share for every one Summit share held.

Toronto-headquartered Hudbay Minerals on Tuesday confirmed that it would meet its production guidance for 2018, but flagged higher operating costs at its Manitoba unit, citing cold weather conditions, higher costs at the 777 mine and the impact of a fan outage at Lalor. The combined mine and mill unit operating cost for the Manitoba unit is now expected to be between C$125/t and C$135/t in 2018, compared with an initial guidance of C$110/t to C$123/t.