Russia, Russia mineral extraction

Recovery of Konevisnky gold mine in Buryatia to require 800 mln rubles

The management of Khuzhir Enterprise is looking for opportunities to resume the gold mining at the Konevinskoye deposit in the Okinsky district of the Republic of Buryatia.

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In January-March, Petropavlovsk produced 118 thousand ounces of gold

In the first quarter of this year, Petropavlovsk, performing mining of gold ore in the Amur region, produced 118.046 thousand ounces, or 3.6 tons of gold.

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Over 1.7 tons of gold produced in Kamchatka since the beginning of the year

In January-March, 1.763 tons of ore gold were mined in the territory of the Kamchatka that is by 11.4% more than in the same period last year.

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HGM increased gold mining by 14.7%

The production growth in Q1 2017 took place at the main mines in the Khabarovsk and Trans-Baikal regions.

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Mechel expects coal mining in 2017 at the level of 2016

In 2017 Mechel expects the level of coal mining to be at the level of 2016 – about 23 mln tons, CEO of Mechel, O. Korzhov, said.

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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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In Q1, Petropavlovsk increased gold production by 18%

In the first quarter of 2017, Petropavlovsk Plc increased its gold production by 18% to 118.046 thousand ounces (3.67 tons) compared with the same period in 2016, Petropavlovsk reports.

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In 2017, Mechel plans to increase coal production at the Elga deposit by 22%

In 2017, Mechel plans to increase its coal mining at the Elginskoye field by 22% to 4.5 million tons, the company's general director Oleg Korzhov said during the conference call on the company&

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In Q1 Raspadskaya increases the sales of coal concentrate by 11%.

In Q1 2017"Raspadskaya" RASP increased the volume of sales of coal concentrate by 11% compared to the same period last year, to 1.696 million tons, the company informs.

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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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