Metso Outotec halts Russian deliveries

Metso Outotec said it has temporarily ceased its deliveries to Russia due to the evolving sanctions against the country by the European Union, United States and other countries. The sanctions are a result of Russia’s military actions against Ukraine. “While the mining industry is currently not directly targeted by the sanctions, sanctions against the banking sector and individuals as well…

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Polymetal marks first concentrate at Nezhda

Right on schedule, Polymetal has confirmed that construction and commissioning have been completed and first concentrate production has been recorded at the Nezhda gold-silver operation in northeast Yakutia, Russia. The milestone was met on Oct. 16, two weeks ahead of its Nov. 1 target. The mine is now ramping up the concentrator with a target date for nameplate capacity of…

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