{"id":1162122,"date":"2020-01-28T02:16:00","date_gmt":"2020-01-28T08:16:00","guid":{"rendered":"http:\/\/juniorminingnews.com\/?guid=3b4e6c1340932745fc7286cce7b00d0f"},"modified":"2020-01-28T02:18:07","modified_gmt":"2020-01-28T08:18:07","slug":"russian-firm-asks-for-regulators-permission-to-buy-elga-coal-mine","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1162122","title":{"rendered":"Russian firm asks for regulator&#8217;s permission to buy Elga coal mine"},"content":{"rendered":"<p>Russian company A-Property said on Tuesday it had formally requested permission from the country&#8217;s anti-monopoly regulator to buy a 100% stake in the Elga coal project owned by miner Mechel and lender Gazprombank.<\/p>\n<p>The Elga mine, located in a remote region of Russia&#8217;s Far East, is Mechel&#8217;s biggest asset and holds one of the world&#8217;s largest coking coal deposits with reserves of 2.2-billion tonnes.<\/p>\n<p>Mechel, which is in talks with its creditors about restructuring $6 billion in loans, sold a 49% stake in the project in 2016 to Gazprombank, one of its main creditors, as part of a debt restructuring process.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Russian company A-Property said on Tuesday it had formally requested permission from the country&#8217;s anti-monopoly regulator to buy a 100% stake in the Elga coal project owned by miner Mechel and lender Gazprombank.<\/p>\n<p>The Elga mine, located in a remote re&#8230;<\/p>\n","protected":false},"author":25,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center 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