Metals and mining

Construction of new sulfuric acid warehouse begins at Uralelectromed

Uralelectromed JSC (an enterprise of the Ural Mining and Metallurgical Company UGMK) has launched a project to build a new sulfuric acid warehouse.

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Severstal’s shareholders approve decline in dividends for Q1 by 7.5%

Severstal’s shareholders have approved payment of dividends for the first quarter of 2019 in the amount of 35.43 rubles per share, which is by 7.5% less than in the same period last year, it

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In May Alrosa reduced diamond sales by 7.6%

In May 2019, volume of sales of Alrosa’s diamond products in value terms amounted to $266 million, the company reported.

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Polymetal to produce copper and zinc in Northern Ural region

This year, the company plans to launch construction of a processing plant in Krasnoturinsk for processing polymetallic ores to produce gold, silver, copper and zinc concentrates.

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ALROSA earns over $2 million at diamond tender in Israel

14 diamonds of a standard color range with a total weight of 108 carats were sold at the auction, as well as 48 diamonds of fancy shades with a total weight of 131.6 carats.

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Kolyma plans to mine 42.7 tons of gold this year.

The companies of the Magadan Region plan to mine almost 43 tons of gold in 2019. The washing season started in Kolyma

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"Terney Gold" to build a GOK in Primorye with1.8 tons of gold per year.

LLC Terney Gold intends to create a mining and concentration plant on the basis of the Salyut and Primorskoye deposits in the Terneisk district of Primorye with a capacity of 360 thousand tons with

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Polymetal doubles its gold reserves to 87 tons on Veduga.

Polymetal Int (combines the assets of JSC Polymetal) as a result of geological exploration has increased the ore reserves of gold at the Veduga deposit by more than twice - to 2.8 million ounces (8

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Norilsk Nickel not to change dividend formula: UC Rusal blocks issue of its adjustment

UC Rusal, one of two major shareholders of Norilsk Nickel along with Interros of Vladimir Potanin, has declined to reduce tthe dividends of Norilsk Nickel against the background of growth of the co

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Khabarovsk Velkom to produce 50 kg of alluvial gold this year

Velkom, which works in the Khabarovsk region, expects to wash at least 50 kg of alluvial gold by the end of the washing season of 2019.

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