Russia mineral extraction

Susumanzoloto to get the first gold at Shturmovskoye deposit in 2019

In July this year, the gold mining company Susumanzoloto acquired 100% of Nedra, which owns a license to develop the Shturmovskoye deposit.

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By the end of 2017, coal production in Russia to grow by 4%

In 2017, the volume of the coal production in Russia will approach 400 million tons, which is by 4% more than in 2016, said the Deputy Energy Minister Anatoly Yanovsky.

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Rosgeologiya to look for coal at the Algomisnkaya and Koguryakhskaya areas in Yakutia

Rosgeologiya will carry out prospecting for coal in the southern part of the Algominskaya and Koguryakhskaya areas with the purpose of analyzing the coal content of the Tokinsky district and assess

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"Susumananzoloto" acquires LLC "Nedra" with 100 tons of resources.

JSC Susumanzoloto became the owner of a 100 percent stake in the gold mining company Nedra, which, in particular, holds a license for the Sturmovsk ore field in the Magadan Region.

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Rosnedra expects 60 tons of Zolotogorsk resources in Chukotka.

Rosnedra expects that by 2020 JSC Rosgeologiya will localize and estimate 60 tons of indigenous gold within the Zolotogorskaya area in Chukotka, as follows from the materials of the purchase from a

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Gold production in Kolyma grows

In January-July, the annual plan for gold mining in the Magadan region was 51.4% fulfilled, local media reported.

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In January-July, Russia increased gold production by 11.7%

In the first seven months of 2017, the Russian Federation increased production of raw or semi-processed gold, or in powder form, by 11.7% compared to the same period in the previous year, the Russi

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Over 3 mln tons of coal produced at the Bikinskoye deposit

As of August 16, Luchegorsky coal mine (LUR), as well as its contractor Petrotride-M produced 3.053 million tons of coal.

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Metalloinvest concludes long-term contract with Severstal on supply of iron ore concentrate

Metalloinvest and Severstal has signed a new long-term contract for the supply of iron ore concentrate in the amount of 1.8 million tons, valid until June 30, 2018.

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In H1 2017 Vysochaishy received 1.6 billion rubles of profit

The gold mining company PJSC Vysochaishy (GVGold) summed up the RAS financial results of work in first half of 2017.

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