Author Archives: Fred Dukes

Gazprom announces plan to ramp up capitalization

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Gazprom announced recently that it plans to take measures aimed at increasing its capitalization. The company said its shares were strongly underestimated by the investment community, as were the shares of the entire Russian stock market–partly the result of uncertainty … Read More »

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Severstal’s first quarter results show growth from fourth quarter

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Severstal announced its financial results in the first quarter of the year on Monday, showing growth over the previous quarter. During the first quarter, the company’s overall revenue reached $3.32 billion, a 6.6 percent increase over $3.12 billion in the … Read More »

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Severstal to pay dividends of $0.01 per share for first quarter

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Severstal’s board of directors has recommended a dividend payment of approximately $0.01 per ordinary share for profits generated for the first quarter. Shareholders will be asked to approve the board’s recommendation at Severstal’s Annual General Meeting in Moscow on June … Read More »

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KRU donates two ambulances to miners’ health center

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KRU has provided funding for the purchase of two ambulances to be donated to the State Research Center of Miners’ Health in the Kuzbass region in honor of the clinic’s 20th anniversary. The State Research Center of Miners’ Health is … Read More »

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Severstal ships pipes for Central Asia-China gas pipeline

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Severstal’s Izhora Pipe Mill, a leading manufacturer of large-diameter pipes, said recently it shipped pipes to Asia to be installed in the Central Asia-China international gas pipeline. Izhora has been manufacturing custom pipes for the project since January. In total, … Read More »

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Mechel’s first quarter production results show production increase

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Mechel recently released its operational results for the first quarter of the year, which showed an eight percent increase in the production of run-of-mine coal compared to the fourth quarter. Pig iron production reached 972,000 tons, a five percent quarter-over-quarter … Read More »

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Tatneft releases first quarter production results

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Tatneft released its production results for its international oil operations for the first quarter of the year. In the month of April, Tatneft produced 2.14 million tons of crude oil, marking a slight increase over the previous year. April’s output … Read More »

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Bogatyr Komir concludes World Safety Day workplace initiatives

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Coal company Bogatyr Komir recently concluded its month-long series of competitions and entertaining presentations aimed at raising awareness of safety practices in its mining operations. This year marks the second Bogatyr has used a competitive and interactive approach to enforcing … Read More »

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More News Headlines

Mining Americas Summit to be held June 10-11 in Denver

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Gazprom to finance environmental clean-up at Bely Island

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SDS to host Victory Day celebration at Sanatoriy Tanay Health Resort

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Rosneft recommends resolution to pay $2.7 billion in 2012 dividends

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Vyksa Steel Works announces first quarter production results

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Rusal to convert from oil- to gas-powered steam production in 2016

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Rosneft, Mitsui sign agreement to develop FEPCO project

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Metalloinvest releases first quarter operational results

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SUEK-Kuzbass-Taldinskaya-Zapadnaya sets coal mining record

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Metalloinvest prepays $1 billion towards PXF with Eurobond proceeds

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Gazprom managment meets to discuss autumn-winter operating results

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Gazprom reevaluates power generating strategy

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Airbus representatives visit VSMPO-AVISMA Corp. to discuss partnership

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KRU posts results of collective agreement implementation

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Metalloinvest signs contract for six dump trucks

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KRU’s first quarter results show performance increases

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Mechel signs supply agreement with Baosteel

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Mechel’s new Uvatsk deposit delivers first shipment of quartzite

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Polymetal starts up flotation concentrator at its Mayskoye mine

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SUEK produces 24.3 million tons of coal in first quarter

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EVRAZ releases financial data

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Tatneft releases audited financial statements for year ending Dec. 31

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Total of 384,710 shares purchased in five days through Novatek’s buyback program

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Metalloinvest to build third HBI production facility

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