Metals and mining

Gaysky GOK continues to upgrade mining equipment

Since the beginning of this year, PJSC Gaysky GOK (enterprise of UGMK's raw material complex) received more than 15 units of self-propelled mining equipment.

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In the first quarter, Russian nickel exports fell by 7.2%

For the period from January to March, according to customs statistics, exports of Russian raw nickel amounted to 31.2 thousand tons (for about $378 million).

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Nearly 430 kg of gold are mined by Vitim since the start of the season.

In total within a year the organization expects to extract up to 2,800 kg of precious metal.

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EVRAZ equips mines with infrared video surveillance cameras

EVRAZ's Raspadskaya Coal Company will present IT-developments for safe coal mining at the XXVI International Exhibition “Coal of Russia and Mining”.

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Nordgold increases staff development budget by 23%

Nord Gold SE, an international gold mining company, increases its investment in staff development by 23%, to approximately $4.8 million in the 2019 fiscal year compared with $3.9 million in 2018.

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MMK plans to save supplies of pipe products to Russia at the level of 2018

During 2018, Magnitogorsk metallurgical plant shipped 3.3 million tons of hot rolled steel to the Russian market.

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NLMK places 7-year Eurobonds for $500 mln

NLMK has announced closure of a deal to issue 4-year Eurobonds worth $500 million with an interest rate of 4.7% per annum. The interests on the Eurobonds will be paid semi-annually.

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ALROSA Dividends: 2018 record not to happen again in 2019?

ALROSA is preparing for a general meeting of shareholders, which will summarize the company's financial results in 2018.

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Lysva Metallurgical Plant plans to increase production by 20%

During 2019, the Lysva Metallurgical Plant (LMZ, a company of the MMK group) expects to produce up to 0.3 million tons of products.

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VTB to give loan for 200 mln to Susumanzoloto’s enterprise

VTB has opened a credit line for Omchak (part of Susumanzoloto) for 200 million rubles, it is reported in the message of Susumanzoloto following the meeting of the Board of Directors.

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