Russia Metals and Mining

Uzbekistan attracts loans from Russian banks to modernize Navoi mining and metallurgical combine

Uzbek state-owned Navoi mining and metallurgical combine plans to attract loans from Russian Sberbank and VTB for $3.861 billion for modernization of the enterprise, as it follows from the decree o

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833 thousand tons of coal produced in Chukotka last year

In 2019, production of brown and hard coal in the Chukotka autonomous district amounted to 832.73 thousand tons. In comparison with 2018, the volume of the produced minerals increased by 16%.

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24.5 tons of gold is result of Chukotka in 2019

In 2019,the subsoil users of the Chukotka autonomous distric produced 24.45 tons of ore and placer gold. In comparison with a year earlier, the metal production increased by 1% (300 kg).

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MMK remains leader in the rating of manufacturers of sheet metal and rolled products with coatings

The leading industry magazine Metallosnabzhenie I Sbyt recognized Magnitogorsk metallurgical plant as the best Russian manufacturer of flat rolled products.

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Federal Customs Service: imports of steel pipes to Russia increased 1.9 times in January-November

In January-November 2019, 6.716 million tons of ferrous metals were imported to the territory of the Russian Federation (72nd group of the EEU Commodity Nomenclature of Foreign Economic Activity).

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Renova sells 49.45% of KUZOTsM’s shares

Renova group of companies has sold 49.45% of shares of Kamensk-Uralsk non-ferrous metal processing plant (KUZOTsM). The new owner of the stake was not disclosed.

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In 2019, Dalpolymetal increased production of zinc and lead in 2019

Last year, the company processed almost 1 million tons of ore.

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Mikhailovsky GOK receives new 220-ton BelAZ trucks

They are powerful and productive - this is what the professionals say about new heavy dump trucks that entered the Mikhailovsky GOK autotractor department (ATU) as part of the Metalloinvest in

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Amur region increases gold production by 15.3%

Enterprises engaged in production of ore and alluvial gold in the Amur region produced 26 284.4 kg of gold last year.

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Alrosa reduced sale of diamonds, but is not going to reduce prices yet

Alrosa doesn’t intend to adjust product prices yet, despite decline in sales of rough and polished diamonds by the end of 2019.

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