Russia mineral extraction

Polymetal’s enterprises in Kolyma produce 501 thousand ounces of precious metal

In 2018, enterprises of Polymetal in the Magadan region produced 501 thousand ounces of gold equivalent, which is a third of the total annual result of the company.

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The Far Eastern Subsoil Use Management Agency to hold tenders for 2 alluvial gold deposits with reserves of 140 kg of the metal in March

The Far Eastern Subsoil Use Management Agency to hold tenders for 2 alluvial gold deposits with reserves of 140 kg of the metal. They are scheduled for March 27, 2019.

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Coal production in Russia increased by 3.4% to 35.8 million tons in January

Coal production in Russia increased 2019 by 3.4% and amounted to 35,771 million tons in January compared to the same period of the last year.

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Uzbekistan opens gold mining data from February 1st.

The government of Uzbekistan had adopted a resolution to lift the ban on the official publication of data on the extraction and sale of gold in the country, the Ministry of Justice of the Republic

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In 2018 Evraz reduced steel smelting

Consolidated steel production in 2018 for the EVRAZ Group decreased by 7.3% compared to 2017, to 13 million tons.

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Rosatom to build mini-nuclear power plant for Baimsky GOK at Chukotka

The State Corporation Rosatom is working over the idea of building a low-power nuclear power plant (SNPP) in Chukotka, which would help to supply energy to the future Baimsky mining and processing

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BelAZ delivers three mine dump trucks to Russian Metalloinvest

BelAZ has delivered three new BELAZ-75309 with a capacity of 220 tons to Lebedinsky GOK (Gubkin, Belgorod region), which is part of the mining and metallurgical holding company Metalloinvest.

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In 2018, Suek’s net profit grew to $1.164 bln

Suek has published its financial statements for 2018, prepared in accordance with IAS and audited by KPMG. The net profit amounted to $1 164 million. In 2017, this figure was $873 million.

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Kimkano-Sutarsky GOK increases output of iron ore concentrate by 43%

In 2018, Kimkano-Sutarsky GOK (included in Petropavlovsk- Ferrous Metallurgy) produced over 2.234 million tons of iron ore concentrate.

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