Lead, Oil and Gas

Glencore: Zhayrem and Vasilkovskoe increased their reserves

JSC “Zhayremsky GOK” increased the quality evaluation of more than 60 mln tons of ore having referred them to the reserves with zinc content of over 4%, is said in Glenore’s repor

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Kazakhstan’s budget receives $60 billion from its commodities producing sector

Kazakhstan’s budget has received $60 billion of revenues from the producing sector. Kazakhstan published its EITI reports for 2012 and 2013, which show incomes of about $30 billion in each year: income from oil and gas made up 93% of the total income of the sector, while the mining gave 7%.

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More than 40 large hydrocarbon fields in the Arctic are in Russian sector

More than 40 large hydrocarbon deposits in the Arctic are in the Russian sector. And next year, after submission of an application to the United Nations, Russia plans to expand its domain due to the Lomonosov and Mendeleev Ridges.
At the end of last year, Russia received the first batch of Arctic oil. The development of the Arctic shelf began from the development of Prirazlom field. In general, about 60 large deposits of hydrocarbons are in the Arctic, more than 40 of them are located in the Russian sector. Today Russia is now planning to expand its domain due to the Lomonosov and Mendeleev Ridges at the bottom of the Arctic Ocean. The corresponding application is expected to be submitted to the United Nations next year.

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China buys the lead-zinc deposit "Zarnisori Shimoli" from Tajikistan.

An agreement to develop the "Zarnisori Shimoli" field was signed in Dushanbe.
The agreement signing between the State Committee on Investments and gosimuschestvom Tajikistan and "Tajik-Chinese mining company" (TC-Gorprom) to develop the lead and zinc deposits was held in Dushanbe this week.
The agreement was signed by Kodiri Cosima, the chairman of the State Committee, and Huang Xiang Zhong, the president of the Chinese company, as reported on the website of the State Committee on Investments and State Property Management.

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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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In January of 2013, export prices increased by 0.5% in Kazakhstan, and import prices decreased by 1.7%

In January of the current year, the prices of metals exported goods grew by 0.5% in Kazakhstan, and the prices of imported goods decreased by 1.7%, the Statistics Agency reports.

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