Nord Gold

In 2017 "Berezitoviy Rudnik" produces more than 2.9 tons of gold.

Due to the launch of the third stage of the quarry, the enterprise increased production by 18% compared to 2016.

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In 2017 Nordgold increases production by 11%, profit by 4%.

According to the results of 2017, Nordgold of Aleksey Mordashov increased net profit by 11% to $ 166.8 million, EBITDA - by 7% to $ 520.5 million, revenue - by 14% to $ 1.221 billion, the company i

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Nordgold attracts syndicate loan for $300 mln to refinance its Eurobonds

Nordgold has signed an agreement with a group of international banks to provide a loan of $300 million for a period of five years, the company reports.

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In 2018 Russia to increase the release of gold by 3.2% - the Union of gold miners.

In 2018 the enterprises of Russia will increase gold production by approximately 3.2% - up to 328 tons, by the end of the year the average annual price for gold is expected in the range of 1,200-1,

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Fitch upgrades Nordgold rating to BB

International rating agency Fitch has upgraded the issuer default rating (IDR) of the gold mining company Nordgold to "BB" from "BB-", the agency reports.

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Reserves of Nordgold’s Irokinda exceed 11 tons of gold

Reserves and resources of the Irokinda gold mine of Buryatzoloto (included in Nordgold) as of January 1, 2018 amounted to more than 11 thousand kg, the head of the government of the Republic of Bur

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In 2017, gold production grew almost in all East of Russia

An increase is observed in gold mining, where a number of large deposits are being developed in remote areas.

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Nordgold reduces its capital by 0.65%, cancelling bought out stocks

Alexei Mordashov's Nordgold completed the buyout of about 2.237 million shares, which remained after the completion of the Global Depositary Receipt programme (GDR), from Deutsche Bank Trust Co

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Kinross and Polymetal are the most environmentally responsible in Russia

Kinross Gold and Polymetal topped the environmental responsibility rating of Russian mining and metallurgical companies, compiled by the World Wildlife Fund (WWF).

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In January-September, Russia increased gold production by 7.7%

In January-September 2017, Russian enterprises produced 235.999 tons of gold, mined and received as a result of associated production, including processing of scrap and waste, and in concentrates &

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