Industry News

21 Jul 2014
Russia increased gold bar production by one-third

According to Rossstat, gold bar production in Russian refineries is increased by 28.7 %.

03 Dec 2013
Export duties on copper and nickel can be abolished as of next year

The government of the Russian Federation may cancel export duties on copper and nickel in 2014, and to take other measures to support enterprises of metallurgical industry, according to Tuesday’s publication in Vedomosti, with reference to the minutes of the meeting with the participation of the Prime Minister Dmitry Medvedev on 25 November.

25 Nov 2013
Head of POLYUS says Goodbye, but is not leaving

German Pihoya is leaving the post of Director General of   Polyus Gold owned by Suleiman Kerimov, but he will continue managing company: the substitute is not found yet. 

24 Oct 2013
Krastsvetmet increased gains and investment costs

Revenue of Gulidov Precious Metals Work in Krasnoyarsk (further-Krastsvetmet) has increased by 84% for 9 months of 2013 compared to the same period of 2012, reaching RUB 19,282 billion.

18 Oct 2013
Gold mining in the Chukotka region jumped by 19%

Subsoil users of the Chukotka Autonomous Okrug, gold production increased by 19% in January-September of this year compared to the same period of the previous year, up to 16.4 tons.

27 Sep 2013
POLYUS will sell gold not minedyet

The company is saving the Yakut asset with hedge contracts.

23 Jul 2013
Energy Ministry strengthened with a gold miner

Dmitry Medvedev, Chairman of the Government of the Russian Federation, has signed a decree on appointment of Aleksey LeonidovichTeksler as Deputy Minister of Energy of the Russian Federation.

06 May 2013
5 billion rubles thrown out every year in Russia

The Russian economy annually loses about 5 billion rubles with automobile dead catalysts.