Metals and mining

"Metalloinvest" to place 7-year Eurobonds worth $ 800 million at 4.85%.

"Metalloinvest" will place seven-year Eurobonds in the amount of $ 800 million with a yield of 4.85%, a source in banking circles informs.

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On the basis of the offer Metalloinvest to buy out Eurobonds worth $ 667.3 million with maturity in 2020.

According to the results of the offer, Metalloinvest will buy out Eurobonds with a maturity in 2020 for $ 667.271 million, the company informs.

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Kuzbass fuel company increased coal mining by 19% in Q1 – to 2.32 mln tons

In Q1 2017 Kuzbass fuel company increased coal production by 19% to 2.32 mln tons against Q1 2016, the company reports.

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Board of MMK has recommended the amount of dividends-2016

The amount of dividends was recommended as 60% of the free cash flow taking into account the profit from the sale of the package of shares of Fortescue Metals Group.

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In 2016, the Arkhangelsk region increased production of diamonds by 11%

In 2016, the subsoil users of the Arkhangelsk region mined about 6 million carats of diamonds, which is by 11% more than in the previous year, this follows from the words of the Governor of the Ark

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Prospectors' team Kamchatka reduces plan to 10 kg of gold

The prospectors' team Kamchatka expects to produce at least 10 kg of gold this season.

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Coal mining fell by 11% in the Ukraine in Q1 2017

Coal mining fell by 11.3% to 6.7 mln tons in the Ukraine in Q1 2017 against Q1 2016, the Statistics Service reports.
Coal mining in March 2017 fell by 17.7% to 2 mln tons.

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Petropavlovsk GC to spend 1.5 billion roubles into geological exploration in Buryatia

This is the amount of re-evaluation of gold reserves of the Talikitsky site, the license for which is held by the controlled by the group enterprise.

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In Q1, Mechel’s ChMK increased its net profit more than two times

In the first quarter of 2017, Chelyabinsk metallurgical plant (ChMK of Mechel) made the net profit under RAS in the amount of 950.3 million rubles, which is 2.3 times more than in the same period i

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UGMK to invest 4 bln roubles into development of Uralelectromed

Uralelectromed JSC (in the structure of UGMK) in 2017 plans to invest over 4 bln roubles into the development, which is by 1.8 times higher than the investment in 2016, UGMK reports.

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