Metals and mining

Roman Abramovich sells Evraz too

Roman Abramovich and Alexander Abramov reduce their share in their second major asset in over a week.

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Rosgeologiya to assess prospects of industrial coal presence on Lakhskaya area on Sakhalin

VNIGRIugol (Rostov-on-don, enterprise is part of state-owned holding Rosgeologiya) has begun final stage of work within the Lakhskaya area in the Sakhalin region.

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Nordgold invests over 2 billion roubles into Tabornoye in Yakutia.

Most of the funds will go to the development of mining and capital works in order to increase production volumes.

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REVIEW: Shares of companies of the Russian Federation have changed in different directions.

The price of gold in the period from March 1 to March 15 fell by 0.6% to 1303.5 dollars per ounce, silver - by 1.3% to 15.36 dollars per ounce.

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In 2018, Alrosa’s profit grew by 15%

In 2018, Alrosa’s profit increased by 15% to 90.404 billion rubles, it follows from the issuer's materials.

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Amur region expects growth in gold production by 1-1.5 times

In 2019, the Amur region expects an increase in gold production by 1.0-1.5 tons compared to 2018 to 23.8-24.3 tons, the regional Ministry of Natural Resources reports.

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Moody’s increased rating of Metalloinvest to Ba1 with stable outlook

Metalloinvest has reported that international rating agency Moody's Investors Service (Moody's) upgraded the company's corporate rating to Ba1 with a stable outlook from Ba2/positive.

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Alrosa sells 125 diamonds in Vladivostok

Alrosa has sold products worth $9 million at auction. The auction for the sale of special size diamonds (more than 10.8 carats) were held in Vladivostok in the Primorsky region.

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Fitch increases Evraz’s rating to BB+ from BB with stable outlook

International rating agency Fitch has upgraded Evraz Group's long-term issuer default rating to BB+ from BB with a stable outlook.

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In 2019, shortage of zinc on Russian market to be 60-80 thousand tons

According to data of International group for study of lead and zinc (ILZSG), which was voiced by head of Chelyabinsk zinc plant’s commercial Department Alexander Pechenkin at the conference &

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