Metals and mining

In 2019 "Tau-Ken Altyn" to reach refining 25 tons of gold.

The Kazakhstan refining plant Tau-Ken Altyn LLP would reach its design capacity of 25 tons of refined gold per year in 2019, the chairman of the board of JSC NGK Tau-Ken Samruk (plant owner) Kanat

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UC Rusal may launch second stage of Boguchansk aluminum plant by the end of March

UC Rusal has planned to launch the second phase of the Boguchansk aluminum plant (BoAZ) before Krasnoyarsk economic forum, which will be held on March 28-30.

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Polyus attracts loans for 23.225 bln rubles

Polyus Krasnoyarsk has attracted loans from Sberbank and Otkrytie bank to the amount of 23.225 billion rubles, it follows from the message of Polyus.

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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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