Copper, Russia Metals and Mining

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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Production of copper foil grows by 89.7%

In the first quarter of 2017, the output of refined copper in Russia increased by 3.3%, the alloys on its basis fell by 22.7%, this follows from the materials of the Federal State Statistics Servic

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In 2016, Siberia-Polymetals invested over 1 bln rubles in development

Last year, Siberia-Polymetals (Altai region, a part of UGMK Holding) invested 1.80 million rubles in the development, the company's annual report informs.

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Russian Copper Company to launch Dzhusinsky underground mine in October

“Ormet” CJSC (in the structure of Russian Copper Company) in October 2017 plans to put into operation the underground mine at the Dzhusinsky deposit in the Orenburg region, Russian Copp

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In January-February, Russian shipments of nickel and aluminum abroad fell

As it follows from the data of the Federal Customs Service of the Russian Federation, in January-February 2017, the export of refined copper (Foreign Economic Activity Commodity Nomenclature of 740

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Russian Copper Company might receive 50% in Udokan

The Russian Copper Company might receive 50% in the Udokan cooper ore deposit, the founder of USM Holdings (holds Baikal mining company), A. Usmanov, said.

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Fitch gives rating of “BBB-(EXP)” to Norilsk Nickel’s bonds

Fitch Ratings has assigned the expected senior unsecured rating of "BBB- (EXP)" to the planned bond issue of MMC Finance Designated Activity Company (MMC Finance DAC) representing partici

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Export of ferrous metals in the CIS countries grows by 26%, ferrous allows – 2.2 times

In the first two months of 2017, the share of metals and products from them in the total value of the export to the non-CIS countries was 10% (in January-February 2016 - 9.4%).

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Russian Copper Company increased profit to 15.9 bln roubles in 2016

The total profit of Russian Copper Company GC on the results of 2016 grew to 15.9 bln roubles.

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