Russia Metals and Mining

TMK sells its assets in USA

Pipe metallurgical company (TMK) of Dmitry Pumpyansky has sold its American division IPSCO to manufacturer of seamless and welded pipes Tenaris for $1.209 billion.

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Kyshtym copper anode plant produces the millionth tons of copper wire rod

Kyshtym copper anode plant (Kyshtym, Chelyabinsk region, part of Russian Copper Company) has produced a million tons of copper wire rod since the commissioning of a new copper wire rod shop in 2007

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Nergeoprom prepares to produce 650 kg of gold at placers of Trans-Baikal territory

Prospectors of gold mining enterprise of the Trans-Baikal territory Nergeoprom started stripping. This was reported by director of the company Vladimir Zabelin.

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Alrosa estimates diamond content of Verkhne-Munskoye deposit in Yakutia

Alrosa has assessed diamond content of the Verkhne-Munskoye deposit located in the Mirny district of the Republic of Sakha (Yakutia).

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Vladimir Potanin: “Foreign partners of Norilsk Nickel would like to cooperate without regard to politics”

The foreign partners of Norilsk Nickel would like to cooperate without regard to politics and sanctions, said president of the company Vladimir Potanin.

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7 tons of gold to be launched by Pavlik in 2019.

The gold mining company intends to increase production by increasing the rate of metal extraction from ore.

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In 2018, Mechel reduced coal mining by 9%

In 2018, Mechel reduced coal production by 9% to 18.813 million tons. Thus, in the fourth quarter of 2018, the coal production again decreased by 9% to 4.341 million tons, the company reported.

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Almazy Anabara increased reserves by 2.2 mln carats in 2018

On results of geological works and operational exploration, which was carried out in 2018, Almazy Anabara increased reserves by 2.2 million carats.

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Mechel’s annual profit grows by 9%

Last year, the Mechel’s profit attributable to shareholders under IAS amounted to 12.63 billion rubles, increased in annual terms by 9%, the company reports.

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Norilsk Nickel’s investments in development

Norilsk Nickel is one of the largest players in its sector, accounting for about 14% of global ickel production, over 2% of copper, 45% of palladium and about 15% of platinum.

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