Russia Metals and Mining

Alrosa to pay dividends twice a year

The Supervisory Board of Alrosa has approved a new dividend policy providing for payments twice a year on the basis of free cash flow, the company informs.

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NLMK-Ural expands product range

NLMK-Ural (one of the largest producer of long products) has started the production of a rod with a diameter of 6.5 mm made of steel grade Sv-10GN1MA.

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In comparison with Exxon Mobil, Rosneft is undervalued by two times

Market has grown steadily over the day. The growth leaders were shares of Irkut corporation (+21.36%). FSK’s securities (-0.40) closed at a low since the end of 2017.

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Norilsk Nickel to process the first gold concentrate from Bystrinsky

The Bystrinsky GOK (BGOK) has shipped the first trial batch of gold bearing gravity concentrate with a total weight of 8 tons to Norilsk for further processing, Norilsk Nickel reports.

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Sakhalin miners union Vostok-2 produced 25 kilograms of gold in seven months

The company conducts washing of gold-bearing sands in the north of the section "Moiga" and on the Langeri river.

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RUSAL begins temporary shutdown of Nadvoitsky aluminum plant due to sanctions

In August RUSAL started temporary shutdown of electrolysis facilities of the Nadvoitsky aluminum plant (NAZ), which was producing to stock since April due to sanctions, a company representative sai

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Dalnedra schedules 8 auctions for placers in Kolyma for September 27

The plots are located in Yagodninsky, Tenkinsky and Susumansky districts.

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Nordgold to give 15% in Lefa deposit to Guinea

Nordgold of Alexei Mordashov will give the Republic of Guinea 15% of the company Societaire Miniere de Dinguiraye, which owns the right to develop the Lefa deposit, the company informs.

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In H1, Polyus spent $401 mln on projects

In the first six months of the year, gold mining company Polyus spent $401 million on projects that is by 25% more than in the same period last year.

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In H1, UC Rusal increased aluminum production by 2%

In the first six months of 2018, volume of aluminum production by UC Rusal (aluminum division with the exception of BoAZ) amounted to 1 870 thousand tons, increased by 2.1% compared to the same per

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