Ural mining metallurgical company UGMK

UMMC decides to become the sole shareholder of Sibir-Polymetal.

The "Ural Mining and Metallurgical Company" (UMMC) intends to become the sole owner of the "Siberia-Polymetal" company, which is engaged into the extraction and processing of po

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UGMK's General Director: Russia has reserves for development of domestic consumption of non-ferrous metals

Dmitry Medvedev predicts that in 2019-2020 the growth rate of the economy will exceed the world average.

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In 2016, UGMK received 9% of its profit from precious metals

In 2016, the Ural Mining and Metallurgical Company (UGMK) increased its revenues under IAS by 17% compared to 2015 to $ 5.3 billion, the company reported on Tuesday.

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In 2017, UGMK plans to produce 360 thousand tons of cathode copper

In 2017, the Ural Mining and Metallurgical Company (UGMK) plans to produce about 280 thousand tons of zinc, which is by 8-10% more than in 2016, UGMK’s general director A.

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Gaisky GOK to pay dividends at the rate of 3.2 thousand rubles per share

Gaisky GOK (included in UGMK) will pay dividends for 2016 at the rate of 3.23783 thousand rubles per common share, it follows from the company's message on results of the annual general meeting

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Uchaly GOK renewed park of its mining equipment

As part of the implementation of the plan for replacement and modernization of equipment by Uchaly GOK (enterprise of the UGMK’s raw materials complex), two R1600H loading-unloading machines,

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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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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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