Metals and mining

Complex for deep processing of coal worth 4.8 billion rubles to be built in Kemerovo Region

A full-cycle energy and technology complex for deep processing of coal will be built in Leninsk-Kuznetsky of the Kemerovo Region.

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Kinross Gold reports about production of 1.842 mln ounces of precious metal

Canadian company Kinross Gold has published a report on production results in the third quarter and the first nine months of 2018.

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ALROSA mined the first large diamond on Verkhne-Munskoye deposit

The first large diamond of gem quality was mined by PJSC ALROSA at the Verne-Munskoye deposit. The operation of the site in the Olenek region of the republic began on October 31, 2018.

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Severstal expects growth in steel demand by 1.5% in 2019

According to forecast of metallurgical company Severstal, the global demand for rolled steel during the current year will make up 1.643 billion tons.

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Alrosa changes forecast on sales for 2018

Alrosa has changed its sales forecast for 2018 to 37-38 million carats due to a decrease in demand for small-sized raw materials in the second half of the year, the company reports.

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Severstal plans to allocate $2 bln for payment of dividends

Severstal will allocate $2 billion for payment of dividends, said finance director of the company Alexei Kulichenko.

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Severstal activates investments, but promises to save high dividends

By 2023, Severstal of Alexei Mordashov will invest about $2.5 billion in its raw materials and steel assets, significantly increasing capital expenditures in 2019-2022.

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Raspadsky fulfills annual plan ahead of time

In October, the Raspadsky open-pit mine mined 3 million 572 thousand tons since the beginning of the year with an annual plan of 3 million 100 thousand tons of coal.

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Since the beginning of the year, Druza produced 855.6 kg of gold in Irkutsk region

In the first ten months of the year, gold mining company Druza produced 855.6 kg of ore and alluvial gold in the Irkutsk region, the regional Ministry of Natural Resources informs.

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The Tomsk Region begins to develop a deposit of polymetals.

Tomsk Investment and Construction Company (TICC) began to develop the Turuntaevsk manifestation of polymetallic ores in the Tomsk Region.

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