Nord Gold

Nordgold’s shareholders approve repurchase of shares

Shareholders of the gold mining company Nordgold have approved the offer to buy out common shares, the company reports.

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Nordgold launches redemption of minority shareholders’ shares after delisting

On August 30, Nordgold of Alexei Mordashov launched an offer to buy back shares of its minority shareholders at the price of $3.45 per share, which will be closed by September 28, the company repor

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Nordgold to pay dividends for Q2

The Board of Directors of the gold mining company Nordgold has approved the payment of interim dividends in the amount of 4.82 cents (2.82 rubles) per share for the second quarter of the current ye

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In H1 2017 Nordgold increases production by 15%.

Within H1 2017 the net profit of international gold mining company Nordgold under IFRS decreased by 28% compared to the same period last year - to $ 67.7 million (3.96 billion roubles).

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Nordgold and Vostochnaya Tekhnika to cooperate on the Gross project.

The international gold mining company Nordgold has signed an agreement with Vostochnaya Tekhnika (VT) for the supply of mining equipment and technical support for equipment for the Gross project.

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Over 760 kg produced at the Neryungri mine

Neryungri-Metallik (part of Nordgold), which mines gold at the Gross deposit in the Republic of Sakha (Yakutia), produced 768 kg of

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Berezitovy Mine to switch to underground mining in summer of 2018

The Berezitovy Mine (a part of Nordgold) will start underground mining of gold-bearing ore at the same-name deposit in summer of 2018, this follows from the Nordgold’s press release.

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Nordgold has signed a credit agreement with UniCredit Bank for $75 mln

Nordgold has signed an agreement with UniCredit Bank for the issue of a 3-year loan $75 mln, the company reports.

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Buryatzoloto made a net loss of 734 mln roubles in Q1 2017

Among the reasons of the fall of financial results Buryatzoloto names the expenditure for the repair of the gold mining plant at the Irokina mine.

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In Q1 Nordgold increases gold production by 14%.

Nordgold of the businessman Aleksey Mordashov increased the total gold production in Russia and abroad by 14% to 239.4 thousand ounces (7.4 tons) in Q1 2017, the company informs.

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