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KRU donates two ambulances to miners’ health center
KRU has provided funding for the purchase of two ambulances to be donated to the State Research Center of Miners’ Health in… »Gazprom hosts final round of Fakel Festival
Gazprom held the opening ceremony of the final round of the six-day Fakel Festival talent competition in Vitebsk. Launched… »Construction on Gazprom’s Kazachya compressor begins
With the laying of the foundation for station facilities, construction on Gazprom's Kazachya compressor station in Krasnodar… »Rosneft signs cooperative agreement with PetroVietnam
Rosneft signed on Wednesday an agreement with Vietnamese oil and gas company PetroVietnam to strengthen their cooperative… »NLMK to hold conference call on first quarter results
NLMK will announce its consolidated US GAAP results for the first quarter of the year in a conference call on… »
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Category Archives: Gold
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 »
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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 »
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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 »
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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 »
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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 »
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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 »
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Gold/fx reserves in Russia fall to $522.1 billion
The value of Russia’s gold and foreign exchange reserves fell to $522.1 billion during the week ending March 8, according to central bank data. The gold and foreign exchange reserves were valued at $523.4 billion the previous week. Russia’s gold … Read More »
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Gold/fx reserves in Russia fall to $523.4 billion
The value of Russia’s gold and foreign exchange reserves fell to $523.4 billion during the week ending March 1, according to central bank data. The gold and foreign exchange reserves were valued at $524 billion the previous week. Russia’s gold … Read More »
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