Nord Gold

Nordgold redeems 0.86% of its capital within bayback

Nordgold of Alexei Mordashov has repaid more than 2.9 million global depositary receipts (GDR), purchased in accordance with the proposal under the buyback program, the company reports.

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Nordgold acquires equipment worth 638 million rubles for the Berezitovy

The Berezitovy mine LLC (a part of Nordgold) purchased 17 units of special machinery for 638 million rubles, the company's press release states.

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In 2019 Nordgold to reach positive FCF.

In 2019 Nordgold of Aleksey Mordashov intends to reach positive values of the free cash flow indicator (FCF), the company's CEO Nikolai Zelenskiy stated in an interview with RIA Novosti.

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Nordgold’s minority shareholders bring most of shares for purchase

Nordgold of Alexei Mordashov has accepted applications for purchase of 2.905 million shares to the total amount of $10.023 million in the framework of the current offer for minority shareholders, t

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Nordgold commissions the Yakutia Gross.

Nordgold of Aleksey Mordashov launched the Gross deposit in Yakutia into commercial operation, as the company previously announced, the correspondent of RIA Novosti reports from the event within th

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In January-June, Russia increased gold production by 2.6%

In the first six months of 2018, Russian enterprises produced 128.141 tons of gold, mined and obtained as a result of associated production, including processing of scrap and waste, as

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In H1, Nordgold reduced gold production by 8%

In the first six months of 2018, Nordgold of businessman Alexei Mordashov reduced total gold production in Russia and abroad by 8% to 448.6 thousand ounces (14 tons) compared to the sa

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Nordgold to receive first Gross gold in Q3

Alexei Mordashov's Nordgold plans to receive the first gold at the Gross deposit in Yakutia in the third quarter of this year, the company said.

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Within seven months Buryatia extracts 2,930 kg of gold.

1,983.9 kg of precious metal ore were extracted within the reporting period, placer - 945.8 kg.

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Nordgold raises its forecast for 2018 to 1.0-1.05 million ounces.

Nordgold raised its forecast for gold production in 2018 to 1.0-1.05 million ounces from the previously announced 0.95-1.0 million ounces, the company informs.

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