Metals and mining

In 2017, almost 25.8 tons of gold produced in the Amur region

In 2017, gold mining companies of the Amur region produced 25770 kg of gold. This is by 15.5% more than in 2016. This was reported in the regional Ministry of Natural Resources.

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Interim governor: the purchase of 100% in "Sibeco" by "Kuzbassenergo" not to affect consumers.

The production assets of Sibeco are economically efficient, and this will have a positive effect on the reliability of the region's heat supply, Andrei Travnikov, the head of the Novosibirsk Re

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CherMK launches a new line for the production of rolled products with a polymer coating.

A new line for the production of rolled products with a polymer coating was put into commercial operation in the newly constructed metal coating shop No.

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Mechel’s Izhstal receives export loan for 3.35 bln rubles from Roseximbank

Izhstal plant (part of the Mechel Group) has received an export credit from Roseximbank (part of the REC Group) for 3.35 billion rubles to finance production of high-tech products under export cont

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Vysochaishy adjusts its profit to 2.7 bln rubles

In January-September 2017, the adjusted net profit of Vysochaishy (GV Gold) under RAS amounted to 2.731 billion rubles, which is 1.8 times less than in the same period last year, it follows from th

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Since the beginning of this year, steel production in Kazakhstan grew by 8.9%

In November 2017, Kazakhstan's metallurgical enterprises smelted 0.415 million tons of steel that is by 12.9% more than in the previous year and by 9.9% compared to the previous month.

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Nordgold reduces its capital by 0.65%, cancelling bought out stocks

Alexei Mordashov's Nordgold completed the buyout of about 2.237 million shares, which remained after the completion of the Global Depositary Receipt programme (GDR), from Deutsche Bank Trust Co

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Tarynsky GO produced 1.8 tons of gold since its launch

The total production of the Tarynsky GOK (subsidiary of Vysochaishy) this year amounted to 1.8 tons (57 thousand ounces) of gold, which is by 58% more than the planned figure, the company's pre

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Inaglinsky GOK purchases two sections of Verkhne-Taluminsky deposit

JSC Inaglinsky GOK (Kolmar Group LLC) received licenses to develop two sections of the Verkhne-Taluminskoye field in the Neryungri district of Yakutia, Interfax-Russia reports.

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In Q1, Alrosa to sell its gas assets

The Supervisory Board of Alrosa has planned to determine the terms and the main conditions for the sale of its gas assets (Geotransgaz and Urengoy gas company) on December 22, during the absentee v

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