Russia

RUSBURMASH is preparing a uranium deposit in Buryatia by the time the development is started.

36 wells have already been drilled at Vershinnoye, infrastructure facilities and power supply systems are under construction.

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Infrastructure to be developed at Southern accumulation of Kharampur gas field

Gas of the Kharampur field will become one of the main sources of supply under Rosneft's long-term contracts.

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Yakutnedra sells four gold placers

The deposits are located in Oimyakonsky, Bulunsky, Ust-Maysky and Ust-Yansky districts of the republic.

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Ksenyevsky mine does not give Itakinskoye deposit to Rostekh and Mangazeya

Mangazeya Mining Ltd and the state corporation Rostekh failed to complete the acquisition of the Itakinskoye field, despite the fact that the agreement on it had been reached a year ago.

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In H1, Novatek increased production by 2.4%

In the first six months of 2018, Novatek increased hydrocarbon production by 2.4% to 264.3 million barrels of oil equivalent, including 32.93 billion cubic meters of natural gas and 5 864 thousand

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Nizhnekamskneftekhim builds unit for purification of hydrogen coming from TAIF-NK

Nizhnekamskneftekhim (NKNKh, part of the TAIF Group) installed a new unit for hydrogen purification in the production of polyethylene.

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In June, Alrosa increased sale of diamonds by 7%

Volume of diamond sales products by Alrosa in June 2018 in value terms amounted to $390.3 million, the company reported.

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Russia: Import of suspension polyvinyl chloride falls by 63%, export grows by 37%

Import of suspension polyvinyl chloride to the Russian market decreased by 63% in the first six months of the year. The resin exports from Russia grew by 36.9%, the Market Report informs.

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In 6 months economic effect from efficiency proposals at Uralelectromed amounted to 10.2 million rubles

Results of the rationalization work for the first half of 2018 were summed up at JSC Uralelectromed (enterprise of the Ural Mining and Metallurgical Plant metallurgical complex).

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RMK and government of Magadan region sign agreement on cooperation

On July 9, 2018, Russian Copper Company (RMK) and government of the Magadan region signed an agreement on cooperation in implementation of investment projects in the Magadan region.

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