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mining,

  • Dragon Mining's Hong Kong Stock Exchange Prospectus Causes Repercussions in Finland

    THE DRAGON MINING COMPANY, an Australian mineral extraction business which operates in the Nordics, has dismissed the possibility of any future legal action stemming from environmental concerns would disrupt their mining activities in Finland, in their pamphlet submitted to the Hong Kong Stock Exchange earlier this month.

    According to Iltalehti, heads of the company addressed concerns of shareholders by claiming that the company will be able to clear the gold mine completely long before complaints to the Finnish authorities have been processed. This prompted a number of politicians to call for proposed revisions to Finland's Mining Act to be put into place. 

     

  • Huge modernisation of the Russian Nornickel’s Kola MMC will improve ecology

    One of the giants of the Russian nickel and palladium mining and smelting industry — Nornickel — has been earning a lot of credits for its eco-friendly modernisation over the past years.

    This time the company is willing to invest over RUB 6.2B (EUR 85,6M) to increase the efficiency of its sulphuric acid production and reduce emissions to the atmosphere.

    The upgrade will take place in the Kola MMC in the Murmansk region of Russia, which borders Finnish territories.

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