Russia mineral extraction

Nordgold redeems 184300 GDR, purchased within buyback

Nordgold of Alexei Mordashov has redeemed 184.338 thousand global depositary receipts (GDRs) purchased in accordance with the offer under the buyback program, which expired on June 8, the company r

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Udokan project gets public support

The Baikal Mining Company conducted public hearings on the objects of state ecological expertise as part of the project documentation "Mining and Metallurgical Combine Udokan.

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8.46 mln tons of coal is results of the first five months in Yakutia

In January-May 2018, coal enterprises in the Republic of Sakha (Yakutia) produced 8.46 million tons of solid fuel, the regional Ministry of Industry and Geology reported.

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"Seligdar" until 2024 expects to increase gold production to 10 tons.

The first stage of the company's development implies the growth of produced gold up to 8 tons.

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638 million rubles to be allocated for construction of power transmission line for Taryn GOK

it is planned to invest 638 million rubles on the construction of the transmission line necessary for the effective operation of the Taryn GOK (part of PJSC Vysochaishy GV Gold) in the Oymyakonsky

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Druza to invest 18 bln rubles in development of three field in Buryatia

By 2026, the Irkutsk gold mining company Druza will spend 18 billion rubles for the development of deposits in Buryatia - Egitinskoye fluorite, Urda-Garganskoye quartz and Zun-Ospinskoye gold ones,

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"Polyus Aldan" expects to receive more than 6 tons of gold in 2018.

The company expects to increase production due to the reconstruction of the concentrator.

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Pavel Maslovskiy is against selling the Petropavlovsk autoclave.

According to the newly elected member of the board of directors, the sale of the asset now does not make sense.

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Norilsk Nickel to increase copper production.

The deputy director of the Ural Mining and Metallurgical Company (UMMC), Yevgeniy Bragin, predicts that since next year the global copper market will face a deficit.

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S&P downgrades rating of Petropavlovsk and places it on review

The International rating agency S&P Global Ratings (S&P) has downgraded the long-term ratings of the gold mining company Petropavlovsk in national and foreign currencies to "B-" f

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