Russia mineral extraction

337 kg of gold received by Irkutsk gold-mining cooperative Lena over the season

Developing placer gold deposits in the Irkutsk region, the gold-mining cooperative Lena produced 337.5 kg of gold from license areas last year.

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Tajikistan reports record gold production in 2019

In 2019, Tajikistan produced 8.1 tons of gold, which is by 26.2% more than in 2018, when volume of the precious metal production reached 6.5 tons.

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Norilsk Nickel makes capital of palladium: its price breaks another record

Russian producers of palladium, in first place is Norilsk Nickel, can become the main beneficiaries of continuing rise of the metal price.

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Backstar Holdings Limited acquires more than 15% of Seligdar

Cypriot company Backstar Holdings Limited has bought 15.46% of Seligdar’s shares, increasing its share in authorized capital of the subsoil user from 3.75% to 19.21%.

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Kinross to spend $10 million on exploration of Chulbatkan in 2020

The Canadian Kinross Gold Corp plans to invest about $ 10 million in initial exploratory drilling at the Chulbatkan gold deposit in the Khabarovsk region in 2020, and transfer its resources to rese

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Mechel cedes control of Elga coal deposit

The main owner of Mechel, Igor Zyuzin, decided to cede control in the Elginsky coal deposit in Yakutia, one of the largest coal deposits in the world (reserves of 2.2 billion tons of coking coal),

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Evraz Mining gets new equipment

The Glinik mechanized treatment plant entered the Osinnikovskaya mine of the Raspadskaya coal company EVRAZ.

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Irkutsk increases gold production by 2% in 2019

According to the results of the last year, in the Irkutsk region, the volume of mining of ore and placer gold amounted to 25,257 kg. This is 2% more than in 2018.

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Norilsk Nickel to get State Support for Environmental Measures

The Russian government is considering providing state support to Norilsk Nickel, which plans to implement a major program to modernize facilities and improve the environment in Norilsk.

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Uzbekistan attracts loans from Russian banks to modernize Navoi mining and metallurgical combine

Uzbek state-owned Navoi mining and metallurgical combine plans to attract loans from Russian Sberbank and VTB for $3.861 billion for modernization of the enterprise, as it follows from the decree o

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