Nord Gold

Over 760 kg produced at the Neryungri mine

Neryungri-Metallik (part of Nordgold), which mines gold at the Gross deposit in the Republic of Sakha (Yakutia), produced 768 kg of

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Berezitovy Mine to switch to underground mining in summer of 2018

The Berezitovy Mine (a part of Nordgold) will start underground mining of gold-bearing ore at the same-name deposit in summer of 2018, this follows from the Nordgold’s press release.

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Nordgold has signed a credit agreement with UniCredit Bank for $75 mln

Nordgold has signed an agreement with UniCredit Bank for the issue of a 3-year loan $75 mln, the company reports.

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Buryatzoloto made a net loss of 734 mln roubles in Q1 2017

Among the reasons of the fall of financial results Buryatzoloto names the expenditure for the repair of the gold mining plant at the Irokina mine.

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In Q1 Nordgold increases gold production by 14%.

Nordgold of the businessman Aleksey Mordashov increased the total gold production in Russia and abroad by 14% to 239.4 thousand ounces (7.4 tons) in Q1 2017, the company informs.

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Net profit of Nordgold fell by 3% to $39.8 mln in Q1

The net profit of Nordgold under IAS in Q1 2017 fell by 3% against Q1 2016 to $39.8 mln, the company reports.
The revenue in Q1 grew by 17% to $293 mln.

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Buryatzoloto to direct profit for current activity

Buryatzoloto PJSC (in the structure of Nordgold) will not pay dividends for 2016 and will direct the net profit for 2016 at the amount of 651.32 mln roubles for financing of its current activity, t

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Nordgold reduced its registered capital by 8%

Nordgold has reduced its registered capital by 7.8% having settled 28.763 mln GDRs purchased in the process of the buy back.

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Gold reserves of Buryatzoloto grew by 4.3 tons

In 2017 a more significant growth of explored reserves is expected.

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"Neryungri-Metallic" opens the field season of geological exploration.

The "Neryungri-Metallic" company(part of Nordgold) has started geological exploration work since April 15.

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