Russia Metals and Mining

Buryatugol hopes to increase coal mining to 700 thousand tons per year

In the first two months of this year, Buryatugol, which develops the Zagoustaiskoye and Daban-Gorkhonskoye deposits in the Republic of Buryatia, mined 90 thousand tons of coal.

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About 28 bln rubles attracted into geological exploration due to auctions for subsoil areas

The amount of the investments that the Ministry of Natural Resources attracts within the declarative principle is about 28 billion, it is in principle comparable with state funding.

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Russia Platinum produced over 180 kg of gold in January-February 2017

Meanwhile the company’s affiliates will extract only hardrock gold.

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In 2017, Varvarinskoye to increase production of precious metals by 73%

In 2017, Varvarinskoye (a part of Polymetal) plans to produce 3.8 tons of Dore alloy, which is by 73% more than in the previous year, the company's general director Alexander Simon reported.

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The Federal Agency on Subsoil Usage sells a placer with reserves of over 8.7 tons of gold

The Federal Agency for Subsoil Usage will hold an auction on the buried placer in the Ust-Yansky district of the Republic of Yakutia (Sakha).

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UC Rusal expects 5% growth in demand on aluminum market in 2017

According to the forecast of UC Rusal, in 2017 the world aluminum market expects the deficit in the volume of 1.1 million tons and 5% increase in the demand.

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Krasnoyarsk aluminium plant promises to reduce emissions by 8% in 1.5 years

The Krasnoyarsk aluminium plant reduced the emissions into the atmosphere by 30% and plans to cut them by another 8% by the end of 2018.

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Ministry of Energy forecasts coal mining growth by 0.3% in 2017 – to 387 mln tons

The Ministry of Energy of Russia forecasts coal mining growth by 0.3% in 2017 against 2016 – to 387 mln tons, the agency reports.

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Polymetal finds one of largest platinum deposits

Polymetal International plc has presented updated geological survey data for the year ended on December 31, 2016 and an updated assessment of ore reserves and mineral resources in accordance with t

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In January, gold production in Russia grew by 4.6%

In January 2017, the production of gold in Russia increased by 4.6% compared to January 2016 to 14.69 tons, the Russian Ministry of Finance reports.

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