Metals and mining

In 2016, investors spent 5 bln rubles on Kamchatka mining projects

In 2016, the investments in the mining industry and the extraction of minerals in Kamchatka exceeded 5 billion rubles.

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Chelyabinsk zinc plant increased net profit under RAS by 1.7 times in 2016

Chelyabinsk zinc plant in 2016 increased net profit under RAS by 1.7 times against 2015 to 3.9 bln roubles, is said in the company’s report under RAS.

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In 2016, Nordgold’s net profit under IAS fell by 15%

In 2016, the net profit of gold mining company Nordgold, controlled by Alexei Mordashov, under IAS decreased by 15% compared to the previous year to $160.1 million, the company reports.

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In 2016, Raspadskaya made the profit under IAS in the amount of $185 mln against the loss last year

In 2016, the net profit of Raspadskaya, one of the largest producers of coking coal in Russia, under IAS made up $185 million against the loss in the amount of $126 million in the previous year, th

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It is proposed to work out uniform standards for industrial and extractive industries on Yamal

In Salekhard participants of the forum of indigenous peoples of the North, Siberia and the Far East of Russia have discussed the issues of environmental management and social and corporate responsi

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In January-February, gold production in Azerbaijan fell by 32%

In January-February 2017, the gold production in Azerbaijan amounted to 181.2 kg, which is by 32.1% less in than the same period last year.

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Donetsk People’s Republic not to supply coal and metal to Kiev

Donbass  decided to abandon the supply of raw materials to Ukrainian metallurgical enterprises - from March 1st, 2017, the Donetsk People’s Republic stopped the deliveries of raw materia

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In 2017, Telen to increase coal mining to 150 thousand tons

The company Telen, which developes the Kharbalahskoye coal deposit in the Tattinsky district of the Republic of Sakha (Yakutia), plans to ship 150 thousand tons of solid fuel before the end of this

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Khabarovsk region has enough gold for 34 years

In the process of realization of the program “Development of the mining industry of the Khabarovsk region in 2017” 16 bln roubles were invested into the mining sector in the region, inc

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Vostok Engineering to calculate reserves of Tomtor by 2018

Vostok Engineering (a joint venture of Rostec and East Group) plans to present a report with estimates of the reserves of the Tomtor rare earth metals deposit (Yakutia) in the first quarter of 2018

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