Tharisa meets FY2026 guidance, Karo Platinum fully funded as net debt swings to $51m

Tharisa has reported full-year production in line with guidance for both platinum group metals (PGMs) and chrome concentrates, while confirming its Karo Platinum project in Zimbabwe is now fully funded following a $300 million bond issue.

Today

Israel’s diamond sector poised for revival following tax reforms and De Beers comeback

De Beers, one of the world's major diamond market players, has announced the resumption of its operations in Israel after a nine-year absence, which became the latest sign of revival of the diamond industry in the country.

Today

Kefi Gold and Copper restarts Tulu Kapi development after safety review

Kefi Gold and Copper has resumed development at its Tulu Kapi gold project in Ethiopia following a suspension that began on September 7 after a serious safety incident three days earlier.

Today

Nornickel implements smart melt monitoring system

Norilsk Nickel has installed a smart melt monitoring system at its metallurgical plant in Norilsk in collaboration with Reksoft. The system uses computer vision to assist the converter operator in identifying phases during the tapping process.

Today

ALROSA to help amplify Arctic agenda at UN

In preparation for the 31st UN Climate Change Conference (COP31), ALROSA experts and other stakeholders from Russia discussed a unified approach to strengthening the country’s position and the Arctic agenda at UN climate conferences.

Today

Federal authorities noted progress in solving environmental and social problems of Norilsk

06 april 2023

The implementation of the Sulfur Program will have a positive impact on the environmental situation in the city of Norilsk. This was stated by Vice Speaker of the Federation Council Nikolai Zhuravlev. The senator held a meeting on the implementation of a comprehensive plan for the socio-economic development of Norilsk with the participation of Deputy Minister for the Development of the Far East and the Arctic Pavel Volkov, Mayor of Norilsk Dmitry Karasev and representatives of Norilsk Nickel.

The Sulfur Program is a project for the utilization of sulfur dioxide at the Nadezhda Metallurgical and Copper Plants of Norilsk Nickel, due to the implementation of which emissions in Norilsk should be reduced by 45 percent by the end of 2023, and at the second stage (after 2025) - by 90%. In addition to the Sulfur Program, about 300 different events are planned until 2030 aimed at reducing the negative impact of production on the environment, preserving the biodiversity of the Arctic, scientific research and volunteer projects.

Issues of ecology, raising the standard of living of Norilsk residents and the quality of social services are under the special control of the senators, Nikolai Zhuravlev noted. According to him, at present, the city is actively liquidating the emergency housing stock, thermally stabilizing the soil under apartment buildings and social facilities, reconstructing the collector facilities, and construction of residential buildings has begun in the Central District and the Talnakh District. “Work has been completed on the Norilsk social center, the fire station, dozens of warm stops have been installed, new buses have been purchased, the city is repairing building facades and landscaping courtyard areas,” said the Deputy Chairman of the Federation Council.

In addition, he added, the city's development plan provides for the construction of a polyclinic, two kindergartens and a school. “It is necessary to speed up the implementation of these projects, to optimize the process, taking into account natural and climatic conditions,” Nikolai Zhuravlev believes.

Earlier, speaking at a meeting of the working group on ensuring the transport, logistics and socio-economic development of the Arctic region, Deputy Chairman of the Federation Council Galina Karelova suggested using the experience of Norilsk, where public spaces of the city are being improved, creating a comfortable urban environment and updating housing fund. “Business investment in improving the quality of life of citizens is a reflection of a mature socially responsible position, which is fully welcomed and supported by the state. I believe that this practice can be used in relation to other Arctic single-industry towns,” the parliamentarian said.

Andrey Ershov