Russia Metals and Mining

En+ attracts $1 bln within IPO

The Aluminum and electricity producer En + will start trading in global depository receipts (GDR) on the London Stock Exchange on November 3rd from 8:00 am London time.

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Alrosa reduces debt to $1.84 bln due to loans refinancing

Diamond miner Alrosa has reduced its debt to $1.84 billion by refinancing loans - $600 million from $720 million were refinanced by raising two new loans from Raiffeisenbank and Rosbank to the amou

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Susumanzoloto becomes new owner of gold mining companies

The mining and processing plant company Susumananzoloto has acquired two companies.

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In the first 11 months of 2017, Russian Coall increased production by 10%

In the first 11 months of 2017, Russian Coal, a part of the industrial and financial group of the Mikhail Gutseriev’s Safmar, produced over 12.7 million tons of steam coal.

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Longwall with reserves of 2.8 mln tons of coal launched at Alardinskaya mine in Kuzbass

The longwall 3-38 has been launched at the Alardinskaya mine. The reserves of the new excavation site make up about 2.8 million tons of coking coal of the valuable grade KS.

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New 130 tons Belazes at the Elginsk coal mine / Mechel, Yakutia.

The Elgaugol company (subsidiary of the mining division of Mechel) jas commissioned 4 heavy duty dump trucks from BelAZ with a carrying capacity of 130 tons for the transportation of rock mass at t

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Russian-Chinese joint venture for creation of own coal processing complex created in the Trans-Baikal region

A Russian-Chinese joint venture to build a coal processing complex at the Priargunskoye coal deposit has been established in the Trans-Baikal region.

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Polymetal completes field season in the Khabarovsk and Primorsky regions

The geologists of the Khabarovsk branch of Polymetal have officially completed the field season at license sites located in the Khabarovsk region and Primorye.

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During formation of Arctic zone, Yakutia to develop metals mining

Yakutia intends to develop mining of diamonds, tin and rare-earth metals in the framework of the formation of the Arctic core zone, which in the future will allow Russia to become their exporter, s

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