Ural mining metallurgical company UGMK, Russia Metals and Mining

Buribaevsky GOK to double mining

Buribaevsky GOK (enterprise of the UGMK’s raw complex) has updated its fleet of loading equipment.

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UGMK to increased copper production to 370-380 thousand tons per year

UGMK plans to spend $1 billion annually on capital expenditures to increase the production, the company's general director Andrei Kozitsyn reports.

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UMMC to invest 2.3 bln roubles into the development of Gaisky GOK in 2017

Ural mining-and-metallurgical company (UMMC) is about to invest approximately 2.3 billion roubles into the capital construction of the Gaisky GOK (Orenburg region) in 2017 (the level of 2016), runs

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In 2016 Cable Alliance Holding increases its copper processing.

In 2016 Cable Alliance Holding (unites the cable assets of UMMC) processed 37.5 thousand tons of copper. This is 12% more than the previous year (33 thousand tons).

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Uralelektromed produces record volume of vitriol

In November this year, vitriol shop of Uralelectromed (an enterprise of the UGMK’s metallurgical complex) produced record 3.5 thousand tons of copper vitriol, which is by 30% more than the av

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UGMK to buy minority shareholders of Chelyabinsk zinc plant

UGMK of Iskandar Makhmudov and his partners plan to complete the consolidation of 100% of Chelyabinsk zinc plant (CZP, the largest producer of zinc).

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UMMC to invest 2.2 bln roubles into the Gaisky GOK in 2016

UMMC will invest about 2.2 billion roubles into the tapping and development of deep horizons (in the floor of 830-1310 meters) of the underground mine of Gaisky GOK, runs the company’s statem

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Nadezhdinsk metallurgical plant reaches quarterly profit under RAS

In the third quarter 2016, Nadezhdinsk metallurgical plant (Sverdlovsk region, the managing organization is UGMK-Steel) made 111.5 million rubles of the net profit under RAS.

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In January-September, Buribaevsky GOK reduced its profit by 15.5%

In the first three quarters of this year, Buribaevsky GOK (a part of UGMK) made the net profit under RAS in the amount of 216.1 million rubles.

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