Armenia Metals and Mining

Polymetal closes deal on sale of Kapan in Armenia

Polymetal Int (combines assets of Polymetal) has closed a deal with Chaarat Gold Holdings Ltd on sale of the Kapan deposit in the Republic of Armenia for $55 million, Polymetal reports.

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Polymetal may sell Kapan in Armenia

Artyom Volynets the former general director of En+ Group  and now of  Chaarat Gold can buy out the Kapan gold mining asset in Armenia from Po

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In 2017, Polymetal reduced budget payments by 14.3%

Polymetal Int (combines assets of Polymetal) together with its subsidiaries paid in total $193.6 million for 2017 to the budgets of Russia, Kazakhstan and Armenia, which is by 14.3% less than in 20

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In 2018, Polymetal to invest $15 mln in Armenia

In 2018, Polymetal Int intends to invest $15 million in the Kapan gold project in Armenia, which corresponds to the investment level of 2017, the company's chief executive officer Vitaly Nesis

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Russia removes requirement to declare supplies of coal and electricity to Eurasian Economic Union countries

Proceedings around the illegal demand of the Russian Federation to declare fuel and energy products while exporting them to the countries of the Eurasian Union resulted in the liquidation of the no

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Russian Steel raises issue of application of antimonopoly legislation in EEU

At the meeting of the Integration Council of the Russian Union of Industrialists and Entrepreneurs the Executive Director of the Russian Steel Association Alexei Sentyurin made a report on the issu

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Ukraine to challenge EEU anti-dumping duties on steel pipes in WTO

The Ukrainian government sent a request to the World Trade Organization (WTO) to initiate a dispute over anti-dumping measures introduced by the Eurasian Economic Union (in particular, Kazakhstan)

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Mining and metallurgical sector: Russia and Kazakhstan ignore raw materials supercycle?

Data on investments in the mining and metallurgical industry of the economies of the Eurasian Economic Union (EEU) countries indicate that in 2010, in Russia and Kazakhstan, and as a result, in the

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In 2016, Polymetal paid $226 mln in budgets of Russia, Kazakhstan and Armenia

In 2016, Polymetal Int (unites the assets of Polymetal) together with its subsidiaries paid $225.76 million in favor of Russia, Kazakhstan and Armenia, the company reports. 

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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