Russia mineral extraction

Polymetal to work out Nezhdaninskoye within 25 years.

The average annual gold production will be 155 thousand ounces during the first 15 years of operation.

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A decrease in gold mining in the Amur Region.

In 2018 the Amur Region expected to reduce gold production by 2.5 tons compared to the 2017 level, the region’s governor Vasiliy Orlov announced at a meeting chaired by the presidential envoy

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Polymetal’s Board of Directors approves launch of construction at the Nezhdaninskoye deposit

Polymetal’s Board of Directors has approved start of the construction at the Nezhdaninskoye deposit in the north-east of Yakutia. This is reported in the materials of the company.

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In the first 10 months, Alrosa increased sales by 6%

In January-October 2018, sales of Alrosa’s diamond products in value terms amounted to $3.905 billion, which is by 6% higher than in the previous year, the company reports.

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Complex for deep processing of coal worth 4.8 billion rubles to be built in Kemerovo Region

A full-cycle energy and technology complex for deep processing of coal will be built in Leninsk-Kuznetsky of the Kemerovo Region.

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ALROSA mined the first large diamond on Verkhne-Munskoye deposit

The first large diamond of gem quality was mined by PJSC ALROSA at the Verne-Munskoye deposit. The operation of the site in the Olenek region of the republic began on October 31, 2018.

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Alrosa changes forecast on sales for 2018

Alrosa has changed its sales forecast for 2018 to 37-38 million carats due to a decrease in demand for small-sized raw materials in the second half of the year, the company reports.

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Severstal activates investments, but promises to save high dividends

By 2023, Severstal of Alexei Mordashov will invest about $2.5 billion in its raw materials and steel assets, significantly increasing capital expenditures in 2019-2022.

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Raspadsky fulfills annual plan ahead of time

In October, the Raspadsky open-pit mine mined 3 million 572 thousand tons since the beginning of the year with an annual plan of 3 million 100 thousand tons of coal.

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Since the beginning of the year, Druza produced 855.6 kg of gold in Irkutsk region

In the first ten months of the year, gold mining company Druza produced 855.6 kg of ore and alluvial gold in the Irkutsk region, the regional Ministry of Natural Resources informs.

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