Russia Metals and Mining

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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Polyus to increase gold mining at Kuranakh by 40% by 2020

Aldanzoloto JSC (in the structure of Polyus) plans to increase gold mining at the Kuranakh deposit in Yakutia to 7 tons a year, which is by 40% higher than in 2016, the managing director of the com

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Net profit of ChTPZ under IAS grew by 5.2% to 6.36 bln roubles in 2016

The net profit of ChTPZ group under IAS grew by 5.2% to 6.357 bln roubles in 2016 against 2015, the company reports.

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Zagorsk pipe plant receives status of Gazprom supplier and new co-owner

As the Kommersant has got to know, the Zagorsk pipe plant (ZTZ), located near Moscow, will now claim to the delivery of large-diameter pipes to Gazprom on a par with the four largest pipe companies

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Rosszoloto hopes for a double increase of extraction in 2017

It will be possible to increase mining up to 600 kg due to the launch of 3 new sites.

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Lenzoloto made a loss in 2016

Lenzoloto made a loss on the deposits in foreign currency.

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In January, export of scrap corrosion-resistant steel from Russian to the Netherlands grew two times

In January, according to customs statistics, the export of waste and scrap of corrosion-resistant steels from Russia amounted to 5.4 thousand tons to the amount of about $5.2 million.

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Development of a new large uranium deposit has started in Buryatia

JSC Hiagda (in the structure of the uranium holding Aomredmetzoloto of Rosatom) has started the development of the Vershinnoe deposit in the Evenky district of Buryatia.

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Lead production falls significantly

In the first two months of this year, the production of raw lead decreased by 23.9%, raw zinc - by 1.7%, this follows from the report of the Federal State Statistics Service.

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80 thousand tons of coal to be shipped from the Fandyushinskoye deposit by the end of March

Beringpromugol (owned by Australian Tigers Realm Coal Limited), which is engaged in the development of the Fandyushkinskoye deposit in Chukotka, plans to produce at least 80 thousand tons of coal i

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