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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: Precious Metals
MiningWorld Russia to be held in Moscow from May 14-16
MiningWorld Russia, the 17th annual international exhibition and conference considered to be a key event in the mining industry, will be held in Moscow from May 14-16 at the Crocus Expo International Exhibition Center. The event will demonstrate the high … Read More »
Posted in Energy, Industry Insider, News, Non-Ferrous, Precious Metals
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Polyus Gold International to issue dividend payments of $0.0824 per share
Polyus Gold International’s board of directors recently recommended dividend payments for the 2012 year of $0.0824 per ordinary share. Proposed dividend payments will total nearly 25 percent of the company’s net profits in 2012. The dividend values mark an increase … Read More »
Posted in Gold, Industry Insider, News
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Polymetal starts up flotation concentrator at its Mayskoye mine
Polymetal announced this week that the flotation concentrator at its Mayskoye mine successfully started up and began producing dry gold concentrate. The Mayskoye mine includes a nameplate capacity of 850 Kt of ore per annum with a full ramp-up expected … Read More »
Posted in Gold, News, Precious Metals
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Polyus Gold announces delays to Natalka project
Share prices of Polyus Gold, Russia’s largest gold mining company, decreased 2.6 percent on Thursday following the company’s announcement of delays to its Natalka development project. Initially expected to begin operations at the end of 2013, Natalka is now scheduled … Read More »
Posted in Gold, News, Precious Metals
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Russia’s gold and foreign exchange reserves rise
The value of Russia’s gold and foreign exchange reserves rose to $522.4 billion during the week ending March 22, according to central bank data. The gold and foreign exchange reserves were valued at $520 billion the previous week. Russia’s gold … Read More »
Posted in Gold, Industry Insider, News, Precious Metals
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Russia and South Africa may develop precious metals joint partnership
Russia and South Africa have plans to create an OPEC-style trading bloc in order to control the flow of precious metals exports. The two countries are the top major platinum producers in the world, controlling approximately 90 percent of the … Read More »
Posted in News, Precious Metals
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Russia added nearly seven tonnes of gold to reserves in February
For the fourth consecutive month, the Russian Federation increased its gold reserves. Russian gold reserves grew by 6.99 tonnes in February and the reserve now boasts 976.952 tonnes. The country’s gold reserve is considered the eighth largest official gold reserve … Read More »
Posted in Gold, News, Precious Metals
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Uzhuralzoloto Group to boost gold production in 2013
The Chelyabinsk-based Uzhuralzoloto Group of Companies is looking to boost gold production by 47 percent this year to 10 tons in 2013, according to the Managing Director Roman Berger. Gold production last year grew 30 percent to 6.8 tons, Interfax … Read More »
Posted in Gold, News, Precious Metals
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