Russia Metals and Mining

UC Rusal increases its net profit by 46.4%

In the first nine months of the current year, UC Rusal increased its net profit under IAS by 46.4% year-on-year to $782 million (46.33 billion rubles).

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Russia is one of the leaders in gold and diamond mining.

For several centuries diamonds and gold belong to the natural wealth, never losing its value.

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In the first 10 months, Alrosa sold products for $3.695 bln

In January-October 2017, the sales volume of Alrosa’s rough diamond and diamond products in value terms amounted to $3.695 billion, the company reports.

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Russian copper company develops cooperation with Kazakhstan

Russian copper company and akimat of the Aktobe region (Kazakhstan) have signed a memorandum on the development of their investment cooperation.

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Since the beginning of the year, about 22 tons of gold produced in Chukotka

In the period from January to October of this year, the volume of gold mining in the territory of the Chukotka autonomous district reached 21.87 tons.

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Balanced financial result of Alrosa falls by 45% because of accident at Mir mine

According to the updated data, balanced result of Alrosa will amount to 136 billion rubles in 2017, which is by 45% lower than the result in 2016.

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Bystrinsk GOK in figures and facts.

On October 31 the Region Governor Natalia Zhdanova, the Russian Minister of Industry and Trade Denis Manturov, as well as the presidential envoy to the Siberian Federal District, Sergey Menyailo, p

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In the first 9 months, import of flat rolled metal from the CIS grew by 45.9%, pipes – by 36.8%

During January-September, 2017, the share of metals and products from them in the commodity structure of the Russian import from the non-CIS countries amounted to 5.8% (in January-September 2016 -

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Department of the Federal Service for Supervision of Natural Resource Usage in Kolyma offers to deprive Rise of license for Nelgyu

The Department of the Federal Service for Supervision of Natural Resource Usage in the Magadan region has intended to propose to the Central Office to initiate a procedure for the early termination

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Goldman Sachs buys Severstal’s shares from Mordashov’s structure for 885.35 rubles a share

US bank Goldman Sachs has bought a 2.1% stake (or just over 18 million) of Severstal in the form of shares and global depositary receipts (1 GDR equals 1 share) from the company Pearlgreen Limited,

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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