Today, PJSC MMC Norilsk Nickel announces that upon completing all preceding loan granting conditions, LLC GRK Bystrinskoye received the first tranche as part of the credit line for the implementation of Bystrinsky GOK (Mining and Processing Plant) construction project in Trans-Baikal region.
Federal Financing Monitoring Service on May 13, 2016 released Information Letter No. 52 “On the procudeure of submitting information on the check results on availability among the clients of organizations and individuals of funds or other property (except for credit institutions) with regard to which freezing (blocking) measures apply or shall apply”.
The subsurface users of Kolyma produced 3,283 kg (+29%) of gold in January-April 2016 (+738 kg y-o-y), the regional authority stated.
On approval of forms of documents required forspecial registration of legal entities and individual entrepreneurs engaged in transactions with precious metals and precious stones.
According to the results of January-March 2016, Russian enterprises produced 50.815 tons of gold mined and obtained by byproduct production, including processing of scrap and waste, as well as in concentrates which is about 8% more than in the same period of 2015, according to the Union of Gold Producers of Russia.
MMC Norilsk Nickel started operation of palladium fund in test mode, informed the Company's Vice President of Strategic Planning Sergey Dubovitsky.
Nordgold of Alexei Mordashov can, within the next few months to suspend production at the mine Aprelkovo in the Trans-Baikal region, and file its bankruptcy petition, according to the Company statement.
Swedish Auriant Mining intends to sell gold project Solkokon in the Trans-Baikal region, to increase the production of precious metals in Tardan and end up with a profit in 2016, according to the Company's message.