Column: In search of the elusive green nickel premium
Just about every Western producer will tell you metal produced to higher environmental and social standards should command a premium.
Russia’s biggest gold producer, Polyus, said on Tuesday it was significantly increasing its capital expenditure (capex) plans for 2020 compared with earlier forecasts.
“I will not give you a precise number but what I can tell you is that taking into account the spillover of capex from 2019 to 2020… there will be a significant increase in capex of the group versus the previous guidance in 2020,” Chief Financial Officer Mikhail Stiskin said on a call with analysts.
(By Polina Ivanova; Editing by Louise Heavens)
Comments