Russia Metals and Mining

Export of stainless steel from Russia keeps falling

The volume of Russian export of main types of products out of stainless steel in Q1 2017 fell by 31.4% to 752 tons against Q1 2016.

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In January-February 2017, gold and silver production in Russia fell

In January-February 2017, Russia produced 31.01 tons of gold, which is by 7% less than in the same period last year, the press centre of the Russian Finance Ministry reports.

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In Q1, net profit of Polyus Zoloto grew by 70%

In the first quarter of 2017, the net profit of the gold mining company Polyus Zoloto made up was $499 million compared to $294 million in the previous year earlier, the company's report under

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Buryatzoloto to direct profit for current activity

Buryatzoloto PJSC (in the structure of Nordgold) will not pay dividends for 2016 and will direct the net profit for 2016 at the amount of 651.32 mln roubles for financing of its current activity, t

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Evraz to double productivity of site for manufacture of 100-meter rails

A project, which will allow the plant to start the production of European rail profiles of new lengths and to increase the output of 100-meter rails of P65, has been launched at the Evraz ZSMK&rsqu

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Accidents at coal mines complicate issue of licenses

The state began to refuse coal miners in new licenses because of safety risks and accidents.

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Amur Minerals a clarification on a news story published on May 5th 2017

On Friday 5th of May we published the story below
Amur Minerals plans to carry out 30 km of drilling works and go on geophysical works at the deposit.

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On June 27, Subsoil Use Department in Central Siberia to hold three auctions for alluvial gold

The Subsoil Use Department in Central Siberia has appointed three auctions for placer gold sites in the Trans-Baikal region.

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Alexander Nesis buys additional shares of Polymetal for $24.5 mln

The Alexander Nesis’s IST Group through Powerboom Investments Limited has increased its stake in the gold mining company Polymetal to 27.13% from previous 26.87%, the company informs.

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Chelyabinsk zinc plant has announced its financial results – 2016

The Chelyabinsk zinc plant has announced its financial results on the results of 2016.
In short:

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