Alongside Hyundai and SUMEC, Nordgold opts to stick with fuel oil to power its Guinean mine ($23m)
After signing an agreement with Total for a solar power plant, Nordgold, a group owned by Russian billionaire Alexey Mordashov, turns to two Asian companies to construct a new plant, this time fuel oil-based, to power its Guinean mine.
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▪ Alongside Hyundai and SUMEC, Nordgold opts to stick with fuel oil to power its Guinean mine ($23m)
▪ After signing an agreement with Total for a solar power plant, Nordgold, a group owned by Russian billionaire Alexey Mordashov, turns to two Asian companies to construct a new plant, this time fuel oil-based, to power its Guinean mine.
▪ https://www.africabusinessplus.com/en/804138/avec-hyundai-et-sumec-nordgold-prefere-rester-au-fioul-sur-sa-mine-en-guinee-23-millions/
At a time when a number of mines on the continent have halted operations, Nikolai Zelensky – CEO of Nordgold – continues to invest in his company’s assets and most recently in the group’s Lefa mine in Guinea, located approximately 700 kilometres northeast of Conakry.
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