Gold

Gazprom studies mechanism of payments for gas with gold-linking

Gazprom export is studying the mechanism of payments for gas in national currencies linked to the price of gold, Artem Aksenov, the head of the general contract economy department of Gazprom Export

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Russian Ministry of Industry and Trade estimates amount of foreign investments in Klyuchevskoye deposit

China National Gold will invest about $420 million in development of the Klyuchevskoye gold deposit in the Trans-Baikal region, another $ 65 million will be invested by Indian SUN Gold, the volume

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Polymetal increased its net profit by 32% against the background of growth in production in H1

In the first six months of 2018, Polymetal International made the adjusted net profit in the amount of $155 million against $117 million in the same period of 2017, the producer of gold, silver and

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Kyrgyzstan stopped developing Makmal because of its unprofitability

Gold mining at one of the largest deposits in Kyrgyzstan Makmal has been completely stopped because of depletion of its raw material base, press secretary of Kyrgyzaltyn Tolkun Kamchybekova reporte

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The Khabarovsk Region expects gold production to grow by 3.5%.

This year the mining industry of the Khabarovsk Region can set a new historical record for the extraction of precious and non-ferrous metals, the regional government reports.

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In January-August Russia reduced gold production by 0.4% - Rosstat

In January-August, 2018, the Russian Federation reduced the production of raw or semi-processed gold, or gold in powder form, by 0.4% compared to the same period a year earlier, the Russian Federal

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Polymetal to enter the Dow Jones Sustainability Index for the first time

Polymetal Int (consolidates the assets of Polymetal) was included in the Dow Jones Sustainability Emerging Markets Index (DJSI) for the first time, the company said.

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Nordgold’s minority shareholders bring most of shares for purchase

Nordgold of Alexei Mordashov has accepted applications for purchase of 2.905 million shares to the total amount of $10.023 million in the framework of the current offer for minority shareholders, t

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CNGC to be owned of Klyuchevskoye deposit in Trans-Baikal region by the end of September

Chinese state-owned gold mining corporation China National Gold Group Corporation (CNGC) has planned to complete a deal to acquire a share in Zapadnaya-Klyuchi Mine, which owns a license to develop

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In August, 3.3 tons of gold produced in Khabarovsk region

In August 2018, mining enterprises produced 3.3 tons of gold and 6.9 tons of silver on the territory of the Khabarovsk region.

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