Russia

In the first 9 months, Korshunovsky GOK increased its net profit 2.6 times due to growth in sale price

In January-September 2017, Korshunovsky GOK (Irkutsk region, part of the Mechel Group) increased its net profit under RAS 2.6 times compared to the same period in 2016 to 4.394 billion rubles, acco

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Within 9 months"Polyus" increases gold production by 13%.

Within first nine months of 2017 "Polyus" increased gold production by 13% to 1.58 million ounces compared to the same period last year, the company informs.

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Glencore: we helped with Rosneft privatization, but our core business is trading

Swiss commodity trader Glencore hasn’t planned to own Rosneft’s shares for a long time, but helped Russia with privatization and received oil for the trading instead of it, head of the

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Petropavlovsk extracts 10.5 tons of gold in the Amur Region.

Within first nine months of the year Petropavlovsk produced 336 thousand ounces (10.5 tons) of gold.

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Three more large companies of the EU join Nord Stream-2

The circle of European companies, one way or another involved in the Nord Stream-2 project has expanded.

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The European Bank for Reconstruction and Development approves half a billion dollars for TANAP.

The Board of Directors of the European Bank for Reconstruction and Development (EBRD) approved a $ 500 million loan for the Transanatolian Pipeline (TANAP) project, according to the message of the

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Rosneft receives 80% in PSAs with Iraqi Kurdistan for 5 production blocks

Rosneft and the government of Iraqi Kurdistan have signed documents that were necessary for the entry into force of production sharing agreements with respect to 5 production units located in the r

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Volgograd "Caustik" resumes the production of PVC.

The Volgograd-based Caustic, part of the Nikohim group, resumed the production of polyvinyl chloride (PVC) after a stoppage for planned preventive repairs, according to the ICIS-MRC Price Review.

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Eurochem exchanges gas for gas

The largest chemical holding company in Russia Eurochem has agreed to supply gas to Novatek, to which it sells its main raw material asset Severneft-Urengoy.

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Karabashmed upgrades cleaning equipment

A major overhaul of the chemical and metallurgical complex was completed at Karabashmed (part of the Russian Copper Company Group) .

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