Russia Metals and Mining

UC Rusal expects 5% growth in demand on aluminum market in 2017

According to the forecast of UC Rusal, in 2017 the world aluminum market expects the deficit in the volume of 1.1 million tons and 5% increase in the demand.

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Krasnoyarsk aluminium plant promises to reduce emissions by 8% in 1.5 years

The Krasnoyarsk aluminium plant reduced the emissions into the atmosphere by 30% and plans to cut them by another 8% by the end of 2018.

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Ministry of Energy forecasts coal mining growth by 0.3% in 2017 – to 387 mln tons

The Ministry of Energy of Russia forecasts coal mining growth by 0.3% in 2017 against 2016 – to 387 mln tons, the agency reports.

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Polymetal finds one of largest platinum deposits

Polymetal International plc has presented updated geological survey data for the year ended on December 31, 2016 and an updated assessment of ore reserves and mineral resources in accordance with t

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In January, gold production in Russia grew by 4.6%

In January 2017, the production of gold in Russia increased by 4.6% compared to January 2016 to 14.69 tons, the Russian Ministry of Finance reports.

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RUSAL plans to complete the reequipment of KrAZ to new standards by the end of 2018.

The managing director of the Krasnoyarsk Aluminium Plant, Yevgeniy Kuryanov, spoke about RUSAL's environmental plans for 2017.

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Yuriy Trutnev: I see no reason to hurry with the sale of ALROSA's shares.

The Deputy Prime Minister Yuriy Trutnev sees no reason to hurry with the sale of shares in ALROSA, he stated in an interview with "the Kommersant".

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In 2016, Norilsk Nickel bought about 5 tons of palladium from market

In 2016, the palladium investment fund of the mining and metallurgical company Norilsk Nickel Global Palldium accumulated about 5 tons of metal (160 thousand troy ounces).

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Buryatzoloto reduced profit by 6.9 times in 2016

Buryatzoloto PJSC (in the structure of Nordgold) on the results of 2016 made a net profit under RAS of 651.32 mln roubles, which is by 6.9 times lower than in 2015.

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Irkutskgeofizika wins auction in Yakutia

At the end of February, five auctions for placer gold were held in Yakutsk.

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