Nornickel reports another fuel spill in the Arctic
The Russian company said 44.5 tonnes of fuel were spilled near the village of Tukhard.
The Russian company said 44.5 tonnes of fuel were spilled near the village of Tukhard.
Tests, photographs and eyewitness accounts suggest diesel has reached Pyasino Lake, which Nornickel denies.
The company estimated clean-up costs to be $150 million.
Company suspended operations at six facilities for 90 days.
Top miner buys Honeymoon Well tenements in Western Australia from Russian nickel and palladium giant.
Over the coming months, Fitch expects nickel output to rise as prices improve and economies restart.
The board of the company has recommended creating a position of senior vice-president for sustainable development.
The company said that besides clean-up costs, it will have to deal with environmental penalties.
Key moves in the mining sector.
Since late May, Russian officials have been working to contain the spill of 21,000 cubic meters of diesel at Nornickel’s facility in Norilsk.
The new Mining Power Rankings are live. Vote for the sector’s leaders in each of the Large-, Small-, and Micro-Cap leagues.