Georgia, Metals and mining

Noricum Gold promotes Tsitel Sopeli and Kvemo Bolnisi projects

Noricum Gold Ltd has announced that it will boost start of the production at low-cost gold and copper Georgian projects Tsitel Sopeli and Kvemo Bolnisi, what is aided by a small depth of ore occurrence.

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Georgia increased gold export by 29.4% in Jan-September

​Rich Metals Group (RMG) - the only gold producer in Georgia - on the results of Jan-September 2015 increased gold export by 29.4% against Jan-September 2014 – to 2.2 tons, export of copper ore and concentrate rose by 10.6% to 166.2 thousand tons, the National Service for Statistics reports.
In Jan-September the revenue of RMG Gold from gold export rose by 64.6% to $46.1 mln while the revenue of JSC RMG Copper from copper ore export and concentrate fell by 7.4% to $186.1 mln.
On the results of 2014 RMG reduced gold export by 46.5% to 2.3 tons, copper ore and concentrate export rose by 51.2% to 187.2 thousand tons.
Rich Metals Group from mid 2012 unites 2 enterprises in Georgia - RMG Gold and JSC RMG Copper- which develop the Madneuli deposit of polymetals in the south of Georgia.
GeoProMining, GPM Ltd in June 2012 sold its affiliate GPM Georgia BV for $120 mln which developed the Madneuli deposit.

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Metinvest’s preliminary financial results for 2013

Metinvest B.V., the parent company of the international vertical-integrated mining and metallurgical group of companies has announced today its preliminary financial results for the year finished on December 31 2013.

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In the first 9 months, gold exports from Georgia grew by 7%

In January-September of 2013, Georgia exported 3.1 tons of gold that is by 6.9% more than in the same period of 2012, the National Statistics Service of Georgia reports.

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New Enhancements to Rusmininfo,full story selector available in Russian

Rusmininfo is pleased to announce some further enhancements to the news service.This week we have launched a full story selection system in Russian so now every user can select the news they want to receive according to their exact parameters in both Russian and English for full e-mail alerts.
To set up your new selections please log in and click on 'My News Alerts' then use the drop down menu and click on the companies,countries and sectors you want to receive news on.
If you have mislaid your log in details please e-mail [email protected]
Best Regards
Rhod Mackenzie
Managing Director

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Notice to all Customers.Rusmininfo launches new features and enhancements to its news service

Dear Customer
We are proud to announce some major improvements to the Rusmininfo news system and hope that these new features will enhance your user experience.
These new features include the ability to select as many or as few of the categories that we cover.This means that instead of taking all news in a category,for example Oil and Gas,Mining and Metals or Energy you can subscribe to individual countries,sectors,minerals and even companies.All you have to do is to log into the site and follow the instructions to select YOUR INDIVIDUAL preferences.You also have access into our extensive archive of previously published news stories in English and in Russian going back the last 3 years.
If you have forgotten or mislaid your original login details please e-mail your full name and company to [email protected] to receive a new login.
We hope these new features enhance your user experience,please let us have feedback!
Best Regards
Rhod Mackenzie
Managing Directo

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