Industry News

16 May 2016
In January-March Kommunarovskiy Mine got 30 million profits under ras

Kommunarovskiy Mine JSC (member of SGC) in the first quarter of 2016 gained under RAS a frequent profit 29.756 million rubles against loss of 24.455 million a year earlier, it follows from the report of the enterprise.

16 May 2016
In January-March Vysochaishy increased net profit by 30% under ras

Vysochaishy JSC (GV Gold) in the first quarter of 2016 got net profit of 2 billion rubles under RAS, which is 30% more than the same period last year, according to the Company's report. 

13 May 2016
The demand for gold soared to the level of the Great Depression

Global demand for gold in January-March soared up 16% compared with the previous quarter and by 21% in annual terms - up to 1289.8 tons, being a record for the first three months of the year since records began, according to a report of the World Gold Council published on Thursday.

13 May 2016
Gold production in Russia will be a record for the year

Russian companies in 2016 may increase gold production by two percent - up to 242.4 tons.

13 May 2016
RF Government decree as of 06/05/2016 NO.394 "Regarding the assaying, analysis and marking jewelry and other articles of precious metals"

These Regulations prescribe the procedure for assaying, analysis and marking the state hallmark of jewelry and other items made of precious metals of domestic production and imported into the territory of the Russian Federation from countries not members of the Eurasian Economic Union, jewelry and other items made of precious metals in the Eurasian Economic Union, jewelry and other items made of precious metals.

13 May 2016
RF's International Reserves grow 4 consecutive weeks

Russia's international reserves, as of May 6,amounted $ 391.9 billion, and for the week since April 29 increased by $ 1.8 billion, informed the Bank of Russia on Thursday.

13 May 2016
In 2016, Amurskaya Hergu plans to increase production by 10%

Hergu CJSC (Amur region) in 2016 plans to produce 740 kg of gold, which is 10% higher than a year earlier, it follows from the words of Company’s CEO, Anatoly Kalashnikov. 

13 May 2016
Russia under the State Program increased 725.8 tons of gold reserves

In 2015, Russia increased its gold reserves by 725.8 tons within the framework of the program of mineral resources base reproduction for diamonds and precious metals, follows from the adjusted annual report on the implementation and evaluation of the effectiveness of the state program ‘Reproduction and use of natural resources’ in 2015"