Russia Metals and Mining

In 2018, VSMPO-Avisma increased net profit by 11.3%

In 2018, the net profit of VSMPO-Avisma corporation under IAS increased by 11.3% compared to the previous year and amounted to $244.5 million, as it follows from the company's report.

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In January-April 2019, Seligdar increased sales three times

In January-April, gold mining company Seligdar expects to sell 1255 kg of gold, which is three times more than last year.

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In Q1, Evraz increased steel production by 12.4%

In the first quarter of 2019, consolidated steel production of Evraz increased by 12.4% to 3.5 million tons, mainly due to an increase in cast iron smelting after completion of an overhaul of blast

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Specialists: development of Udokan copper deposit to give serious economic effect for Trans-Baikal region

The Acting Governor of the Trans-Baikal region Alexander Osipov has assessed progress of construction work under a project of development of the Udokan copper deposit.

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YuGK to increase gold production by 6% in 2019.

In 2019 JSC Yuzhuralzoloto GK (YuGK) planned to increase gold production by 1 ton (5.9%) compared to a year earlier - up to 18 tons, the president of the company Konstantin Strukov told RIA Novosti

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Trans-Baikalian Quartz expects to mine 100 kg of gold in new season

Quartz, an industrial company that mines alluvial gold in the Chita district of the Trans-Baikal Territory, plans to mine over 100 kilograms of gold in the new season.

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Metalloinvest reports partial refinancing of its loan portfolio

In accordance with the strategy of loan portfolio management, the Company allocated 5 billion rubles for early repayment of debt on one of the tranches of the Sberbank loan, the repayment of which

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Electrozinc to stop work on April 30

In accordance with the terms of the agreement between the leadership of the RSO-Alania and the Ural Mining and Metallurgical Plant UGMK, on April 30, the waelz shop and hydrometallurgical workshop,

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Norilsk Nickel recommends dividends for 2018 at the rate of 792.52 rubles per share

Norilsk Nickel’s Board of Directors has recommended dividends for 2018 at the rate of 792.52 rubles (about $12.25) per ordinary share, as it follows from the company's report.

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In 2018, Lenzoloto made the net profit of 2.48 bln

In 2018, Lenzoloto, which owns more than 40 licenses for production of alluvial gold in the Irkutsk region, received 11.82 billion rubles from sale of gold, increased the last year's result by

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