Copper

Russia reduced flat steel exports by 15.6% in the first 11 months of 2019

During January-November 2019, exports of ferrous metals (72nd group of the EEU Commodity Nomenclature of Foreign Economic Activity) from the Russian Federation amounted to 37.575 million tons.

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Renova sells 49.45% of KUZOTsM’s shares

Renova group of companies has sold 49.45% of shares of Kamensk-Uralsk non-ferrous metal processing plant (KUZOTsM). The new owner of the stake was not disclosed.

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UGMK raises 200 million euro for refinancing and working capital

Ural mining and metallurgical company (UGMK), the largest producer of copper, zinc and some other precious metals in Russia, has attracted a syndicated loan in the amount of 200 million euro, as it

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China Gold goes to Russia again: the company can buy a stake in Intergeo

The largest Chinese gold mining company China Gold may buy a stake in Mikhail Prokhorov's Intergeo, which needs a strategic partner for copper-nickel projects in Tyva and the Krasnoyarsk region

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Gold production in Kazakhstan increases by 2.5%

In January-October 2019, volume of production of raw and semi-processed gold or gold in the form of powder in Kazakhstan amounted to 84 243 kg, which is by 2.5% more than in the same period of 2018

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Norilsk Nickel my IPO the Bystrinsky Project

The decision on the initial public offering of the Bystrinsky project, 50.01% of the shares of which belongs to Norilsk Nickel, will not be made this year,the plant should first reach its design ca

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Norilsk Nickel again wants to reduce dividends: the company proposes to reduce them after 2022 amid peak investment

Norilsk Nickel’s management doesn’t plan to change dividend payment formula until agreement of key shareholders - Interros of Vladimir Potanin, En+ of Oleg Deripaska and Crispian of Rom

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Norilsk Nickel to increase gold production at Bystrinsky GOK 2.6 times by 2020

In 2020, Norilsk Nickel plans to increase processing at Bystrinsky GOK in the Trans-Baikal region to 10 million tons of ore per year.

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Norilsk Nickel intends to increase CapEx by 2025

Norilsk Nickel plans capital investments of $ 1.3-1.5 billion in 2019, follows from the company's materials.

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RMK hired Severin to audit Malmyzh

The project auditor for the development of the Malmyzhsky gold-copper deposit (Amur Minerals LLC, a part of the RMK group) will be Severin Development, Amur Minerals reports.

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