Russia Metals and Mining

Vysochaishy approves dividends in the amount of 1.2 bln rubles

The gold mining company Vysochaishy, which operates in the Irkutsk region and the Republic of Sakha (Yakutia), has decided to pay 1.2 billion rubles of dividends for the first six months of th

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Lukoil and Severstal agree on development of their cooperation

Head of Lukoil V. Alekperov and chairman of the Severstal’s Board of Directors A. Mordashov have discussed areas of cooperation between the companies. The working meeting of V.

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Elgaugol continues to show production growth.

LLC Elgaugol (part of the mining division of the Mechel Group) has been growing in all production indicators since the beginning of the year.

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Fire leaves Lebedinsky GOK without electricity

On Monday, because of the fire, electricity supply was disrupted at the Lebedinsky GOK’s substation, this was reported on the website of the situation analytical center of the Energy Ministry

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Within first three quarters of 2018 nearly 19 tons of gold were mined in the Irkutsk Region.

The main volume of precious metals was provided by: JSC Polyus Verninskoye, PJSC Vysochaishiy, the group of companies Lenzoloto, and JSC Vitim.

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Udokan receives a "good" environmental review.

MMC Udokan received a positive conclusion of the environmental expertise of the project documentation for the construction of the first stage of a mining and smelting plant with a capacity of 12 mi

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Russian Copper Company becomes owner of Malmyzhskoye deposit

The Russian Copper Company (RMK) has bought a 100% stake in Amur Minerals, implementing a project for development of the Malmyzhskoye gold-copper-porphyry deposit in the Nanai district of the Khaba

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In 2018, Almazy Anabara produced 5.4 mln carats of diamonds and 113 kg of gold

Almazy Anabara (a part of Alrosa), which develops diamond placers in Yakutia, completed the washing season of 2018 with the result of 5.4 million carats of diamonds and 113 kg of gold in the framew

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In the first 8 months this year, import of ferrous metals grew by 8.5%

According to the Federal Customs Service, in January-August 2018, the share of metals and their products in the commodity structure of imports amounted to 7.3% (in January-August 2017 – 7%).

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In January-August, Russian income from export of coal grew by 23.5% to $10.6 bln, and from electricity – by 9% to $456.8 mln

In January-August 2018, Russia's revenues from coal exports increased by 23.5% compared to the same period last year to $10.579 billion, it follows from the materials of the Federal Customs Ser

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