Russia Metals and Mining

In 2017, 4.5 mln tons of coal to be mined at Elga

Elgaugol (a subdivision of Mechel), which develops the Elginskoye field in southern Yakutia, plans to produce 4.5 million tons of coal this year.

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In Q1, Polymetal increased production of precious metals by 8%

In the first quarter of 2017, Polymetal International increased the production of precious metals by 8% compared to the same period last year to 280 thousand troy ounces of gold equivalent.

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“Gold of Kamchatka” intends to grow 20 tons of reserves in 2017

“Gold of Kamchatka” JSC (Renova GC) in 2017 plans to increase gold reserves at its deposits on the account of geological exploration by about 20 tons.

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MMK: in Q1, export of rolled metal grew by 7.6%

In the first quarter of 2017, steel production at the MMK group amounted to 3.066 million tons.

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OMK bets on oil companies: the company to risk 40 billion roubles.

OMK Anatoly Sedykh has embarked on a comprehensive upgrade of the Vyksa Metallurgical Plant (VMP), which is estimated at 40 billion roubles until 2022.

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Severstal not to invest in production capacities

As the Reuters reports, the Russian company Severstal has predicted a drop in its steel production in 2017 by 1-2% compared to the last year's result of 11.6 million tons.

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"Neryungri-Metallic" opens the field season of geological exploration.

The "Neryungri-Metallic" company(part of Nordgold) has started geological exploration work since April 15.

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In January-March, Russia increased gold production by 6%

In January-March 2017, the Russian Federation increased the production of raw gold in ingots or in the form of powders by 6% compared to the same period of the previous year, the Russian Federal St

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2.2 tons of gold are mined in the Irkutsk Region within three months.

In January-March the gold mining companies of the Irkutsk Region produced 2,220 kg of ore gold - 17% or 444 kg less than within the same period last year.

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