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Severstal’s first quarter results show growth from fourth quarter
Severstal announced its financial results in the first quarter of the year on Monday, showing growth over the previous quarter.… »Novatek sells 370,780 ordinary shares on open market
Novatek announced on Monday that 370,780 ordinary shares, including those in a form of Global Depositary Receipts, were… »Gazprom reschedules press conference
Gazprom has changed the schedule of the press conference set to be held close to the company's annual shareholders… »Gazprom meets with Ukrainian prime minister to discuss gas supply
Gazprom Chairman Alexey Miller met with Ukraine’s Vice Prime Minister Yury Boiko last week to discuss issues of bilateral… »Severstal to pay dividends of $0.01 per share for first quarter
Severstal’s board of directors has recommended a dividend payment of approximately $0.01 per ordinary share for profits… »
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Category Archives: Copper
ENRC’s first quarter results show total production decreases
London-based Eurasian Natural Resources Corporation recently released its output results for the first quarter, which showed total production decreases across nearly all divisions as a result of severe winter weather. ENRC’s Ferroalloys division operated at close to full capacity during … Read More »
Posted in Aluminum, Copper, Industry Insider, News, Non-Ferrous
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Rostec may trade Udokan deposit for Norilsk Nickel shares
Norilsk Nickel is currently considering a proposal from Russian state defense corporation Rostec to acquire control of Siberia’s Udokan copper deposit in exchange for a four percent stake in the nickel giant. Presently, the Udokan deposit is controlled by Rostec … Read More »
Posted in Copper, Industry Insider, News, Non-Ferrous
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Metalloinvest denies sale of Udokan deposit
Metalloinvest denied this week that it was in official talks to sell Russia’s largest untapped copper deposit. Several months ago, Norilsk Nickel was invited to join the Udokan project as a partner, Mining Weekly reports. Metalloinvest said that it was … Read More »
Posted in Copper, Industry Insider, News, Non-Ferrous
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Rosnedra to calculate value of resources at Kun-Manie
New changes in Russian legislation are expected to have a positive impact on the granting of the Kun-Manie mining license to Amur Minerals. Previously, the Ministry of Economic Development would determine the value of nickel and copper concentrates at Kun-Manie … Read More »
Posted in Copper, News, Non-Ferrous, Other
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Russia nearly doubles 9M 2012 copper exports
Russia grew its refined copper exports by 93.5 percent year-on-year from January to September, according to the Ministry of Economic Development. The country saw its exports rise 103,900 metric tons in the first nine months of 2011 to 204,900 metric … Read More »
Posted in Copper, News, Non-Ferrous
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Norilsk Nickel attacks Russian Platinum development plan
Norilsk Nickel Deputy Chief Executive Yury Filippov announced this week that some of the technologies used by Russian Platinum to develop the Norilsk-1 copper and nickel deposit could harm the environment. Russian Platinum beat Norilsk Nickel in a tender for … Read More »
Posted in Copper, Industry Insider, News, Non-Ferrous, Other
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BHP may invest in Russian copper and gold
BHP Billiton may enter into a joint venture with Millhouse Capital to produce gold and copper in Russia. The joint venture with Millhouse Capital, a private company owned by Russian billionaire Roman Abramovich, would concentrate on developing the Baimskaya gold … Read More »
Posted in Copper, Gold, News, Non-Ferrous, Precious Metals
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Mongolian review not expected to affect Oyu Tolgoi project
All foreign mining investments will soon begin to be reviewed by Mongolia’s government, the country said this week while pledging to not single out a deal with Rio Tinto to develop the Oyu Tolgoi copper-gold mine. Last week, Mining minister … Read More »
Posted in Copper, Gold, Industry Insider, News, Non-Ferrous, Precious Metals
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