Eramet’s top shareholder pushes for CEO change

Emmanuel Momoh found the 706-carat diamond in Sierra Leone's Kono district.

The Russian miner said profit attributable to shareholders totalled $2.25 billion (131.39bn roubles) last year, versus $530K (30.67bn) roubles in 2015.

Deal would make of Volcan Investments Ltd., Agarwal's family trust, the second-largest investor in Anglo American.

The country's mining regulator will have to issue a new temporary closure plan for the project, including comments from other government offices.

The company is currently analyzing options to resume work as soon as possible, which includes hiring temporary workers to replace those that have downed tools.

The company expects demand to increase 3% this year, while no new mines are scheduled to come online in the short-term and supply disruptions continue.

After acquiring new equipment last year, Galantas is moving mining work underground at Omagh.

The $400 million-deal will make of Trevali the first pure zinc company with operations in North and South America as well as Africa.

Takeover brings together two of the UK's largest energy services companies.