Nord Gold

Sberbank CIB grants loan for $325 mln to Nordgold of Alexei Mordashov

Sberbank CIB, corporate investment business of Sberbank, has granted a loan in the amount of $325 million to the gold mining company Nordgold.

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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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Nordgold to buy back 28.76 mln shares from its minority shareholders for $99.2 mln

The gold mining company Nordgold is going to buy 28.76 million global depositary receipts (GDR, almost 84% of the offer volume) from its minority shareholders for $99.2 million, the company reports

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Nordgold has held delisting from LSE

The GDRs of Nordgold of A. Mordashov were delisted from the official list of the London stock exchange.

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Fitch improved the forecast by the rating of Nordgold to positive

Fitch has improved the forecast by the rating of Nordgold from stable to positive, the agency reports. The agency also confirmed the long-term issuer default rating at BB-.

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Nordgold delays delisting on London exchange for a week

The gold mining company Nordgold has postponed the date of the delisting of its global depositary receipts (GDR) on the London Stock Exchange for a week - from the 9th to 16th of March, the company

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Nordgold to pay $19 mln of dividends for Q4

The Board of Directors of Nordgold has approved the payment of interim dividends for Q4 2016 at the volume of $0.0512/share or GDR, the company reports.

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Nord Gold to launch a mine in Yakutia in 2018

Nord Gold considers not only the LSE for a potential return to the market but other sites as well, the CEO of Nord Gold, N. Zelensky, said.

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Nordgold to delist global depositary receipts from LSE.

Nordgold announced its intention to terminate the listing of its global depositary receipts on the London Stock Exchange (LSE), the company informs.

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Nordgold expects decline in EBITDA under IAS by 5.7% in 2016

In 2016, Nordgold expects the EBITDA under IFRS at around $490 million, which is by 5.7% less than in the previous year ($519.8 million), the company reports.

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