Hungary oil company MOL plans to reduce investments abroad, focus on assets closer to home
MOL Group CEO, Mr. Zsolt Hernádi is on and off the Interpol wanted list. Hungary’s courts willingly cleared him of any wrongdoing, but the stubborn...
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Lundin oil-mining supports Canadian institute CIRDI, CIRDI and Lundin’s colonial corporate (ad)ventures
CIRDI’s (Canadian International Resources and Development Institute) largest corporate donor is the Lundin Foundation, set up by the Lundin family (hailing from Sweden, but currently...
Reputation impact on Barrick Gold latest Argentina environment incident
Reputation beyond borders in mining industry brings another pan world case of bad reputation in mining industry. Social networks of environment groups are transmitting the...
Mawson Resources Finland Palokas gold property update
In August 24 2015, the Company announced that it had requested a police investigation into certain accusations made by an NGO about the Company in...
Bulgaria anti-trust regulator opens cartel investigation against petrol retailers, refinery
The retailers covered by the cartel investigation were: Shell Bulgaria (a subsidiary of Royal Dutch Shell), OMV Bulgaria (owned by Austria’s OMV), Rompetrol Bulgaria (part...
Aurubis plans 2016 high level production despite its Bulgaria smelter shutdown
The company is aiming for a high level of production this year despite a scheduled shutdown at its Pirdop smelter in Bulgaria in April/May, joint...
EU approved state aid for Czech NWR coal mine
Moody’s Investors Service (Moody’s) said that the approval of state aid for the Paskov mine was “credit positive”, as it was the last hurdle to...
KGHM pressures Gov to cut Poland mining tax
KGHM is struggling to cope with the slump in world metal prices, with copper trading below the $5,000-a-tonne level seen as the break-even point for...
Eldorado vs Greek environment ministry
“Eldorado’s commitment to Greece has resulted in over 700-million-dollars of investment into the country since 2012,” vice president Eduardo Moura told Bloomberg. “The failure of...
Metinvest mining metal group capitalization
Metinvest B.V. in late December 2015 addressed to the holders of its eurobonds with the request to approve the introduction until May 27, 2016 of...