Russia Metals and Mining

Finance Ministry: Russia increased gold refining by 9.3% in 2019

In 2019, gold production in Russia increased by 9.3% compared to a year earlier to 343.54 tons, the Finance Ministry of the Russian Federation repo

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Kuzbass' authorities offer to increase discount on coal exports to the West to 50%

The working group of the Russian State Council on Energy has applied the Government of Russia with a proposal to provide a discount of at least 50%

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Metalloinvest summed up financial results of the first quarter

Metalloinvest has published its financial results report under IFRS for the first quarter ended on March 31, 2020.

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Kenes Rakishev considers buying 2 gold mining companies in Russia

The former major shareholder of Petropavlovsk Kenes Rakishev has suspended plans to buy GV Gold due to increased price of gold and lack of market v

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Russian Ministry of Energy expects to reduce coal exports from Russia by 10-22% in 2020

The Russian Ministry of Energy expects that Russian coal exports in 2020 may decrease by 10-22%, depending on market situation, a source familiar w

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Alrosa to reduce diamond production by 6 million carats in 2020

Alrosa intends to reduce its production to 28-31 million carats of diamonds in 2020.

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Polymetal will launch AGMK-2 in Q3 2023

Polymetal Int (combines assets of Polymetal JSC) plans to commission the second line of the Amur MMC (AGMK-2) in the third quarter of 2023, the company said.

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Mechel's annual meeting of shareholders to be held in absentia on June 30

Mechel's Board of Directors has appointed an annual meeting of shareholders in the form of absentee voting for June 30, it is stated in the com

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According to BCG, MMK is one of three most profitable steel companies in the world for shareholders over the past five years

Magnitogorsk metallurgical plant has taken the third place in the Value Creators 2020 rating published by international consulting company BCG.

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