Metals and mining

The production of ore gold in Buryatia reduced by 16.7% within five months.

In total, in 2019 it is planned to produce nearly 2,800 kg of ore gold.

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UMMC to invest 50 billion roubles into the Podolsk field.

UMMC plans to invest 50 billion roubles into the development of the Podolsk copper-zinc deposit in the Khaibullinsk district of Bashkortostan, the press service of the republic's government rep

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Udokhan starts to arrange energy infrastructure.

At the moment on-site drilling operations are underway.

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Global mining not to inspire investors: value of companies has decreased by 18%

PwC’s analysts have found out that positive results of the work of the world's largest mining companies in 2018 didn’t make an impression on the securities market.

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ChTPZ pipes are used for technical re-equipment of NLMK

The products of the Chelyabinsk Pipe Rolling and Pervouralsk Novotrubny Plants (enterprises of the ChTPZ Group) will be used in a large-scale reconstruction of the blast furnace of the Novolipetsk

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Evraz wants to buy asset from a British steel producer

The mining company Evraz, 28.77% of which is controlled by businessman Roman Abramovich, may be interested in acquiring an asset of the second largest steel producer in the UK - British Steel.

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Khiagda intends to increase production in 2019

Khiagda (part of management circuit of uranium holding company ARMZ) plans to reach designated volumes of uranium production in 2019.

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Alexander Mamut reduces his stake in Polymetal

The businessman Alexander Mamut, following his son, has reduced his share in the gold mining company Polymetal to below 5%, the company said.

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GRK "Darkhan" completes pilot industrial work at Kirchenovskoye.

Every year Kirchenovskiy ZIF will produce at least 600 kg of gold equivalent.

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Chinese investors are interested in GV Gold.

Fosun is considering the option of acquiring the Supreme Package for a billion dollars.

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