Metals and mining

In Q1, Seligdar increased gold production 2.5 times

In the first quarter of this year, volume of production of enterprises of the polymetallic holding Seligdar amounted to 238 kg, which is 2.5 times more than in the previous year.

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Kuzbassrazrezugol: results of activity in Q1 summed up

In the first three months of this year, Kuzbassrazrezugol (company of the UGMK’s raw materials complex) worked in a stable mode with a small overfill of the production task, as well as with a

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In the first 3 months of 2018, 8 thousand tons of coal mined in Kamchatka

As of April 1, 2018, the only coal-mining enterprise of the Kamchatka territory Palana-Ugol produced 8 thousand tons of brown coal at the Palanskoye deposit.

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Russia has spent 120 bln on import substitution projects

According to the Russian Ministry of Industry and Trade, the state has spent 120 billion rubles on import substitution projects since 2014.

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Since the beginning of the year, Polymetal received $354 mln due to sale of metals

In the first quarter of 2018, Polymetal Int earned $354 million due to sale of gold, silver, copper and zinc. Compared with January-March 2017, the revenue growth amounted to 19%.

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In Q1, steel production in Kazakhstan grew by 7.6%

During March 2018, metallurgical enterprises of Kazakhstan produced 0.431 million tons of steel (in February – 0.355 million tons), which is by 10.9% more in annual ratio and by 21.3% more th

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In Q1, Alrosa reduced diamonds mining by 17% to 7.4 mln carats

In the first quarter of 2018, production of the Russian diamond company Alrosa decreased by 17% in annual terms to 7.4 million carats, the company reports.

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Nordgold begins the construction of the mill at Yakutsk Gross.

Nordgold of Aleksey Mordashov has started building a gold recovery plant (ZIF) at the Gross mine in Yakutia, the company informs.

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Polymetal to produce up to 10.5 tons of gold from the Baikirchik plant from 2019.

LLP "Bakyrchik Mining Enterprise" (part of Polymetal) plans to reach full capacity in half a year and from 2019 it will produce up to 10.5 tons of gold at the Bakyrchik field (the Ky

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In Q1, Polymetal produced 295 thousand ounces of gold equivalent

Polymetal Int has published results of its activity in the first quarter of 2018. According to the company's report, the total production amounted to 295 thousand ounces of gold equivalent.

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