Russia Metals and Mining

In January-June, Tajikistan reduced gold production by 1.4% year-on-year

In the first six months of 2018, Tajikistan reduced gold production by 1.4% or by about 37 kg compared to the same period last year due to the lack of imports of cyanide from China and the January

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Norilsk Nickel announces results of Bystrinsky GOK operation in H1

In the first half of this year, more than 5 thousand tons of copper were produced at the Bystrinsky GOK (division of Norilsk Nickel), which operates at the same named deposit in the the Gazimuro-Za

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Novy Put produced almost 38 kg of gold since the beginning of the season

As of July 31, gold mining company Novy Put (subsidiary of Susumanzoloto) produced 37.7 kg of precious metal. This was reported by the enterprise.

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KAZ Minerals buys Baimsky copper project

As expected by the Kommersant, KAZ Minerals will receive a controlling stake and possibility of full redemption of the large Baimskoye copper deposit development project in Chukotka, owned by Roman

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In H1 2018 the net profit of MMK increases by 25%.

In H1 2018 the net profit of Magnitogorsk Iron and Steel Works (MMK) under IFRS increased by 24.7% compared to the same period last year and amounted to 671 million dollars, the company informs.

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Within January-July"Susumanzoloto" extracts 2.7 tons of gold.

In total, according to the results of the year, the gold miner plans to extract nearly 6 tons of precious metal.

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Eurasian Economic Commission protects Viktor Vekselberg from competitors

The Eurasian Economic Commission (EEC) may extend anti-dumping duties on graphitized electrodes of Indian companies with a 50% dumping margin for five years.

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In H1, Norilsk Nickel increased production of platinum group metals by 5%

In the first six months of 2018, Norilsk Nickel increased production of palladium by 4.6% compared to the same period a year earlier to 1.396 million ounces (43.4 tons), platinum - by 4.7% to 335 t

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MMK: in 2018, steel demand to improve by 2%

MMK Group, one of the largest steel companies in Russia, has reduced its forecast of demand growth for steel products this year to 2%.

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In H1, NLMK’s net profit grew by 63%

In the first six months of 2018, the net profit of NLMK Group increased by 63% compared to the same period last year to $1.83 billion, the company reported.

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