Metals and mining

In January-February, steel production in Russia grew by 4.6% to 8.8 mln tons

In January-February 2017, the production of steel in Russia increased by 4.6% compared to the same period last year to 8.8 million tons, the Russian Statistics Service reports.

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In January, gold production in Russia grew by 4.6%

In January 2017, the production of gold in Russia increased by 4.6% compared to January 2016 to 14.69 tons, the Russian Ministry of Finance reports.

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RUSAL plans to complete the reequipment of KrAZ to new standards by the end of 2018.

The managing director of the Krasnoyarsk Aluminium Plant, Yevgeniy Kuryanov, spoke about RUSAL's environmental plans for 2017.

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Yuriy Trutnev: I see no reason to hurry with the sale of ALROSA's shares.

The Deputy Prime Minister Yuriy Trutnev sees no reason to hurry with the sale of shares in ALROSA, he stated in an interview with "the Kommersant".

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In 2016, Norilsk Nickel bought about 5 tons of palladium from market

In 2016, the palladium investment fund of the mining and metallurgical company Norilsk Nickel Global Palldium accumulated about 5 tons of metal (160 thousand troy ounces).

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Buryatzoloto reduced profit by 6.9 times in 2016

Buryatzoloto PJSC (in the structure of Nordgold) on the results of 2016 made a net profit under RAS of 651.32 mln roubles, which is by 6.9 times lower than in 2015.

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Irkutskgeofizika wins auction in Yakutia

At the end of February, five auctions for placer gold were held in Yakutsk.

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UC Rusal to place the first tranche of panda bonds before March 21

The price of placement of the first tranche of bonds nominated in yuans (panda bonds) of the Russian aluminum producer UC Rusal has been determined.

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VSMPO-Avisma plans to increase titanium products output

In 2016, the VSMPO-Avisma corporation made the net profit under the RAS in the amount of 26.633 billion rubles, which is almost 1.8 times more than in 2015.

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Net profit of UC Rusal grew by twice on the results of 2016 – to $1.18 bln

The net profit of UC Rusal under IAS in 2016 grew by twice to $1.18 bln against $558 mln in 2015, the company reports.
The revenue fell by 8% to $7.98 bln in 2016.

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