Russia mineral extraction

Forecast for oil production in Russia

Official sources report that the Russian Ministry of Economic Development’s forecast of oil and gas production has increased significantly.

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More than 18 tons of gold were produced by subsoil users of Kolyma since the beginning of the year

The subsoil users in the Magadan region produced 18 471.7 kg of gold in the first six months of the year. In annual comparison, the indicator increased by 37.5%.

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Alrosa establishes a joint venture for diamond mining in Zimbabwe

Alrosa and Zimbabwe's national diamond mining company Zimbabwe Consolidated Diamond Co (ZCDC) have signed an agreement on establishment of a joint venture to develop diamond deposits in the cou

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Azerbaijan increased gold production by 8.9% in the first half of the year

In January-June 2019, gold production in Azerbaijan amounted to 1 720.9 kg, which is by 8.9% more than in the same period of the previous year, the State Statistics Committee reported.

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Rosgeology confirms prospects of deposit in Bashkiria

JSC North-Caucasian PGO (Yessentuki, Rosgeology) has successfully fulfilled the plans for the second quarter within the South Podolskaya Square in the Republic of Bashkortostan.

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Petropavlovsk’s shareholder considers 2019 the best time to invest in gold mining industry

The largest shareholder of the gold-mining company Petropavlovsk Kenes Rakishev notes that after several disappointing years, the gold mining industry returns to its former interest.

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Priisk Solovyevsky produced 888 kg of gold since the beginning of the year

In January-June of this year, gold-mining company Priisk Solovyevsky produced 888.4 kg of ore and alluvial gold in the Amur region.

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Kenes Rakishev sells his stake in the gold mining company Petropavlovsk.

The largest shareholder of the gold mining company Petropavlovsk Kenes Rakishev has sold his entire share - 22.4% - to Roman Trotsenko.

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Petrol from coal planned to be produced in Krasnoyarsk region

An enterprise, which will produce engine oils, synthetic petrol and diesel fuel from coal, is planned to be opened on the territory of the Motyginsky district in the Krasnoyarsk region in the fores

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In H1, 10.7 tons of gold were produced in Khabarovsk region

In the first six months of 2019, subsoil users produced 10 778 kg of gold in the Khabarovsk region. This is by 7.4% more than in the same period last year.

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