Nord Gold

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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Gold mining in Amur region made up 4,677 kg in Q1 2017

The volume of gold mining in Priamurie keeps falling due to the low content of metal in ore.

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In 2017, Nordgold to increase investments in Neryungri-Metallik

Neryungri-Metallik (a part of Nordgold) plans to invest about 1 billion rubles in the development in 2017, which is by 11% more than a year ago, the company's press centre reports.

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Nordgold invests $14.7 mln into the Berezitovy project

Nordgold of A. Mordashov plans to invest $14.7 mln into the project of underground development of the Berezitovy mine (Berezitovy mine Ltd), the company reports.

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In 2017, Nordgold to maintain investments in Buryatzoloto

In 2017, Buryatzoloto (a part of Nordgold) intends to invest 1.6 billion rubles in the development, which corresponds to the level of 2016, said deputy operations director of Nordgold, head of Bury

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Buryatzoloto leaves Nordgold without dividends

Buryatzoloto (in the structure of Nordgold) doesn’t plan to pay dividends on the results of 2016, the company reported on the results of the meeting of the Board of Directors.

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