Tag «mining»

Mechel Reports 9M 2012 Operational Results

Moscow, Russia – October 29, 2012 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces 9M 2012 operational results. Production and sales for 9M 2012 Production: Product name 9M 2012, thousand tonnes 9M 2011, thousand tonnes  9M 2012 vs 9M 2011, % Coal (run-of-mine) 20,794 19,813 +5 Pig iron 3,107 2,672 +16 Steel …

Mechel Announces Obtaining 24-Billion-Ruble Loan

Moscow, Russia – October 15, 2012 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, reports signing long-term agreements with Sberbank of Russia OAO on opening several credit lines to Southern Kuzbass Coal Company OAO for a total of 24 billion rubles. Sberbank of Russia OAO opened four credit lines …

Mechel Wins Award for Developing Elga Coal Deposit

Moscow, Russia – October 12, 2012 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces that its subsidiary Mechel Mining OAO won the Minex-2012 Mining Excellence Award’s Investor of the Year nomination for implementing the project on development of the Elga coal deposit. The award committee’s independent experts evaluated …

Mechel Announces Signing Cooperation Agreement with Russia’s Economic Development Ministry

 Moscow, Russia – October 12, 2012 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, reports signing an agreement with the Russian Federation’s Economic Development Ministry for cooperation aimed at support and development of the Group’s external economic operations. Within this agreement’s framework, the Economic Development Ministry will lend its …

Stillwater Mining Company Announces Offering of Convertible Senior Notes

BILLINGS, MT–(Marketwire – October 11, 2012) – STILLWATER MINING COMPANY (NYSE: SWC) (TSX: SWC.U) (the “Company”) announced today that it intends to offer $300 million aggregate principal amount of convertible senior notes due 2032 (the “notes”), subject to market and other conditions. The Company expects to grant the underwriters of the notes a 30-day over-allotment …

BHP Billiton Prices A$1.0 Billion Note Issue

October 09, 2012 BHP Billiton has today priced a five year A$1.0 billion note issue under its Australian Medium Term Note Program. The Australian dollar notes will pay interest at 3.75 per cent and mature in October 2017. The proceeds will be used for general corporate purposes.

Rio Tinto Investor Seminar

Rio Tinto is holding an investor seminar in London and New York today that includes an in-depth look at its Copper product group and its Technology & Innovation group. Highlights from the presentations: • Rio Tinto’s strategy of maximising shareholder value by investing in and operating large, long-term, cost-competitive mines and assets is unchanged. • …