Metals and mining

Severstal may pay dividends for Q3 in the amount of 35.61 rubles per share

The Severstal’s Board of Directors has recommended that shareholders pay dividends for the third quarter of 2017 in the amount of 35.61 rubles per share, the company reports.

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In Q3, Severstal’s net profit grew

In the third quarter of 2017, the Severstal's net profit increased to $297 million compared to the previous quarter, the company’s report on its financial results informs.

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In the first 9 months, Priisk Solovievsky produced over 2.6 tons of gold

In the first nine months of 2017, Priisk Solovievsky produced 2,636 kg of gold. This was reported by deputy general director of the company on economic issues Viktor Sizhuk.

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RUSAL proposes a number of initiatives to promote energy efficiency in Russia.

UC RUSAL puts forward legislative initiatives aimed at stimulating energy efficiency in Russia.

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Tominsk GOK lays the foundation of the concentrator.

JSC Tominsk GOK (part of the RMK) has started construction of the main building of the concentrating mill and other production and auxiliary facilities at the same-named deposit in the Chelyabinsk

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Nordgold to send 400 million for mining equipment for "Neryungri".

In 2017 LLC Neryungri-Metallik (part of Nordgold) will send nearly 400 million roubles for the purchase of new mining equipment, Nordgold reports in a press release.

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Altai-Koks increases production

In the first three quarters of 2017, Altai-Koks (part of NLMK Group) produced 3.08 million tons of coke in dry weight, which is by 2% more than in the same period of the previous year.

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Russian State Statistics Service: since the beginning pf the year, rolled metal production grew by 1.4%

In January-September of 2017, Russian metallurgical enterprises produced 38.8 million tons of cast iron (mirror and processed in pigs or other primary forms) that is by 0.2% less compared to the sa

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In January-September, Petropavlovsk increased gold production by 13%

In the first nine months of 2017, Petropavlovsk Plc increased gold production by 12.8% to 336.4 thousand ounces (10.5 tons) compared with the same period in 2016, Petropavlovsk reports.

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In January-September, Izhstal increased sale of products

In the first nine months of this year, Izhstal (part of Mechel) sold 320 thousand tons of metal products, which is by 13% more than in the same period last year.

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