Ural mining metallurgical company UGMK

Gaisky GOK may allocate over 2bln rubles to pay dividends

The Board of Gaisky GOK (part of UGMK) has recommended allocating more than 2 billion rubles to pay dividends for 2016, the company reports.

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Chelyabinsk zinc plant plans to leave profit-2016 undistributed

The Board of Directors of the Chelyabinsk zinc plant has recommended the shareholders at the annual meeting on June 27th to make a decision not to pay dividends -2016.

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In Q1, Uralelektromed reduced its net profit

In the first quarter of 2017, Uralelectromed (included in UGMK) reduced its net profit 7.7 times compared to the same period of 2016 (to 103.28 million rubles).

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In Q1, Gaisky GOK increased its profit by 0.2%

In January-March 2017, Gaisky GOK (included in UGMK) made the net profit under RAS in the amount of 801.32 million rubles, which is insignificant (by 0.2%) more than in the same period last year, t

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In 2017, Uchaly GOK plans to reduce production by 22.5%

In 2017, Uchaly GOK (a part of UGMK) plans to mine and process 5.95 thousand tons of copper and copper-zinc ore, which is by 22.5% less than a year earlier, the enterprise reports.

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Kuzbassrazrezugol increased coal mining and shipment

In Q1 2017 Kuzbassrazrezugol (in the structure of the raw materials complex of UGMK) executed all its main production obligations.

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UGMK to invest 100 mln rubles in geological exploration in the Orenburg region

In 2017, Gaisky GOK (a part of UGMK) plans to spend 100 million rubles on geological exploration, UGMK reports.

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In 2016, Siberia-Polymetals reduced capex 3.6 times

In 2016, Siberia-Polymetals (a part of UGMK) reduced its capital investments 3.6 times compared to the previous year to 1.08 billion rubles, this follows from the company's report.

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UGMK to invest 4 bln roubles into development of Uralelectromed

Uralelectromed JSC (in the structure of UGMK) in 2017 plans to invest over 4 bln roubles into the development, which is by 1.8 times higher than the investment in 2016, UGMK reports.

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Gaisky GOK continues buying equipment

In the first quarter of this year, more than 2 units of mountain self-propelled machinery were delivered to the main subdivisions (underground and open mines, the mine construction department) of G

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