Russia Metals and Mining

By 2018 "Norilsk Nickel" to increase the palladium fund to 18.7 tons.

MMC Norilsk Nickel planned to bring its palladium stock to 600,000 ounces (18.7 tons) by the end of 2017, Markus Moirer, global sales manager, stated during the investor's day.

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In 2018-2020 "Norilsk Nickel" to produce 100-105 tons of PGM.

For 2018-2020 MMC Norilsk Nickel predicts the volume of production of palladium and platinum from its own raw materials at nearly 100-105 tons per year, as follows from the company's materials.

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Alrosa to sell its non-core assets

The diamond mining company Alrosa will again try to sell its non-core gas assets before February.

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In the first 3 quarters, Alrosa’s neft profit fell by 55 bln rubles

In January-September of 2017, Alrosa made the net profit in the amount of 61.8 billion rubles.

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Raspadskaya mine early fulfills its annual production plan

Miners of the Raspadskaya mine have successfully produced 5 528 thousand tons of coal since the beginning of this year.

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Rosgeologiya and Yakutia discuss prospects of geological exploration in the region

The working meeting was held in Yakutsk by general director and chairman of the Rosgeologiya’s Board Roman Panov with the head of the Republic of Sakha Egor Borisov.

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Since the beginning of the year, steel production in Kazakhstan grew by 8.5%

In October 2017, metallurgical enterprises of Kazakhstan produced 0.378 million tons of steel, which is by 6.7% more than in the previous year and by 3.9% than in the previous month.

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Since the beginning of the year, Chukotka’s coal mining companies produced 400 thousand tons of coal

In January-October this year, subsoil users of the Chukotka autonomous district produced 400.8 thousand tons of coal. This is by 83% more than in the same period in 2016.

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The share market opens with an increase in RTS by 0.4% and a decrease in the MICEX by 0.01%.

On Monday the Russian stock market opened on a multi-polar blue chip price dynamics amid a decrease in global stock exchanges, the weakening of the rouble and oil on Friday; the MICEX and RTS index

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The new engine MMK is recognized as the "Event of the Year".

According to Russian automotive and business announcements, the Magnitogorsk Metallurgic Plant (MMK) won the prestigious award "The Main Event of the Year in Russian Metallurgy".

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