Gold, Russia Metals and Mining

Lenzoloto made a loss in 2016

Lenzoloto made a loss on the deposits in foreign currency.

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Bailmskaya and Malmyzh might receive investment from China

The projects of development of the Baim ore zone in Chukotka (subsoil user – structures of R.

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Susumanzoloto increased profit by 2.8 times

Susumanzoloto JSC in 2016 made a net profit under RAS at the volume of 2.512 bln roubles, which is by 2.8 times higher than in 2015.

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In 2016, Priisk Solovievsky made the profit of over 2 bln rubles

Priisk Solovievsky, which produces precious metals in the Amur and Trans-Baikal regions, has published its financial report for 2016.

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By 2020 the "Berezovsk mine" to resume "Severnaya" deep mining.

By 2020 LLC "Berezovsk mine" intends to start mining gold ore from the re-opened deep horizons of the Severnaya mine, as follows from the words of the chief engineer of the enterprise Ale

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Susumanzoloto to get 1 bln rubles of loan for production development

The gold mining enterprise Susumansky ore mining and processing enterprise Susumanzoloto has decided to get a non-revolving loan in the amount of 1 billion rubles for a period until December 28, 20

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Buryatzoloto leaves Nordgold without dividends

Buryatzoloto (in the structure of Nordgold) doesn’t plan to pay dividends on the results of 2016, the company reported on the results of the meeting of the Board of Directors.

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In 2016, investors spent 5 bln rubles on Kamchatka mining projects

In 2016, the investments in the mining industry and the extraction of minerals in Kamchatka exceeded 5 billion rubles.

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In 2016, Nordgold’s net profit under IAS fell by 15%

In 2016, the net profit of gold mining company Nordgold, controlled by Alexei Mordashov, under IAS decreased by 15% compared to the previous year to $160.1 million, the company reports.

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Khabarovsk region has enough gold for 34 years

In the process of realization of the program “Development of the mining industry of the Khabarovsk region in 2017” 16 bln roubles were invested into the mining sector in the region, inc

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