Russia mineral extraction

In H1, Nordgold reduced gold production by 8%

In the first six months of 2018, Nordgold of businessman Alexei Mordashov reduced total gold production in Russia and abroad by 8% to 448.6 thousand ounces (14 tons) compared to the sa

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The Ministry of Energy expects growth in coal exports from Russia to more than 200 million tons in 2018.

The RF Ministry of Energy forecasted the growth of coal exports from Russia in 2018 by 5.2% compared to last year's figure - to more than 200 million tons, the Minister of Energy Alexander Nova

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Private investments in coal production in Russia may be 1 trln rubles by 2025

Private investment in coal mining in Russia until 2025 may amount to 1 trillion rubles, the Russian Energy Minister Alexander Novak said during the meeting of the presidential Commissi

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Within six months the net profit of "Lenzoloto" under RAS amounted to more than 237 million roubles.

Last year, during the same period, the company's net loss amounted to 48.67 million roubles.

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The Irkutsk Region increases gold production by 8% since the beginning of the year.

7,873 kg ore precious metal was extracted in the region, alluvial – 4,391 kg.

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12.3 tons of gold are mined in the Amur Region within first seven months.

Compared with January-July 2017 precious metal mining in the region decreased by 14.5%.

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In January-June "Vysochaishiy" increases operating profit under IFRS by 52%.

Within H1 2018 PJSC "Vysochaishiy" (GV Gold) increased operating profit under IFRS by 52% compared to the same period last year - up to $43 million, the company informs.

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"Polyus" can pay semi-annual dividends worth 131.11 roubles per share.

The Board of Directors of Polyus recommended the extraordinary general meeting of shareholders to declare dividends on the results of 6 months of 2018 in the amount of 131.11 roubles per one ordina

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"Yanzoloto" achieves participation in the auctions, but wins nothing.

LLC "Zolotoservis" won an auction for a placer gold deposit on the Bolshoy Kuranah river in Yakutia, offering 279.125 million roubles for the facility, which is 15.4 times the initial pay

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