Russia Metals and Mining

Mechel looks for additional investment in development of Elga

Mechel plans to receive additional funding for implementation of the Elga project in the Republic of Sakha (Yakutia).

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Highland Gold registers two projects in territory of advanced development "Chukotka"

Highland Gold Mining (HGM), which produces gold in Russia, has signed an agreement with the Far East development Corporation, officially confirming the residence of the Klyon and Kekura projects in

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Solntsevsky coal mine increased coal production by 15% in the first six months

In the first six months of 2019, coal mining company of the Sakhalin region Solntsevsky coal mine (part of Eastern mining company) produced 3.78 million tons of solid fuel.

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Russia imposes restrictions on export of scrap metal

The Russian Government has agreed to introduce a temporary quota for the export of scrap metal.

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Svetloye produced 10 tons of gold since the beginning of work in 2016

Since 2016, Svetloye (Polymetal) produced 10 tons of gold in precipitate at the deposit of the same name in the Okhotsk district of the Khabarovsk region.

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Kuzbass promises Russian Railways loading of 50 million tons of coal in exchange for discount

The authorities of Kuzbas have decided to become a mediator in negotiations between coal miners and railroad workers.

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Mechel intends to increase coal production

Metallurgical holding company Mechel plans to increase coal production. The plan for 2019 implies an increase in performance up to 20-20.5 million tons, the Interfax reports.

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In 2018, tax payments of Nordgold in Russia amounted to $24.09 million

The gold-mining company Nordgold transferred taxes to the total amount of more than $24.09 million to budgets of all levels of the Russian Federation.

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Russian pipe manufacturers are not worried about ban on import of their products to Ukraine

The Ukrainian Cabinet of Ministers has amended a list of goods originating from the Russian Federation and prohibited for import into the customs territory of the Ukraine.

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Mechel increases dividend payments for 2018 by 9%

Russian mining and metallurgical company Mechel has reported on decisions of its annual general meeting of shareholders.

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