Finance

VTB sells Polymetal's securities

VTB Bank reduced its stake in Polymetal International plc to zero from 12.63%. This is stated in the bank materials.

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In 2019, Gazprom's investments in geological exploration to amount to 77 billion rubles

Gazprom Group has planned to invest 76.7 billion rubles in geological exploration in 2019, deputy chairman of the Gazprom’s Board Vitaly Markelov said at the press conference.

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Seligdar intends to increase dividends on preferred shares by 56%

Seligdar can allocate 337.5 million rubles for the payment of dividends for 2018 on preferred shares, which is by 56.3% more than in the previous year, it follows from the company's report on t

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In January-March, Polyus increased its net profit 2 times

In January-March 2019, the net profit of Polyus increased over 2 times to $528 million.

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Glavgosekspertiza allows Auriant to build ZIF Pravoberezhnaya.

LLC Tardan Gold (a subsidiary of the Swedish Auriant Mining) received a positive conclusion from the Krasnoyarsk branch of Glavgosekspertiza of the Russian Federation on design documentation for th

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Gazpromneft to allocate over 25 bln rubles for program of Bazhenov formation development

Gazpromneft plans to allocate more than 25 billion rubles to the Bazhenov suite development program in the next three years.

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In Q1, net profit of UC Rusal under IAS fell by 49.8%

In January - March 2019, the adjusted EBITDA of the Russian aluminum holding company UC Rusal under IAS decreased by 60.5% to $226 million.

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In January-March, Russian income from export of electricity almost doubled, from coal export – grew by 25%

In January-March 2019, Russia's revenues from electricity exports increased 1.8 times compared to the same period last year to $253.6 million, it follows from the materials of the Federal Custo

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NGK Resource receives the first gold bar at Polyanka.

An employee of the TOR "Nikolaevsk" the "NGK Resource" company cast the first gold bar in preparation for the launch of the gold mining enterprise at the Polyanka depo

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Gazprom unexpectedly to pay record dividends

On results of 2018 Gazprom can double dividends, paying a record amount in the history of the company.

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