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Daily Archives: 27.08.2018

Azerbaijan: precious metals market on August 20-25, 2018

precious metalsBy admin27.08.2018Leave a comment

The price of one ounce of gold increased by 3.621 manats or by 0.1796% last week, to 2022.385167 manats. The price of one ounce of silver decreased by 0.361 manats or by 1.4372%, to 25.01767 manats. The price of one ounce of platinum decreased by 15.4785 manats or by 1.1519%, to 1343.92083 manats. And the…

Russia: Silver Bear Resources sells 3.3 tons of silver

silverBy admin27.08.2018Leave a comment

Since the start of the year Silver Bear Resources Plc has sold 3.3 tons (118.3 thousand ounces) of silver extracted within the Mangazey project in Yakutia. In March-June the company produced 1822 kg (64.287 thousand ounces) of silver in powder form. In June Prognoz, controlled by Silver Bear Resources, produced some 1000 kg of silver…

Russia: Polyus to pay 17 billion rubles of dividends for H1 2018

PolyusBy admin27.08.2018Leave a comment

The board of directors of the gold-extracting company Poluys has recommended the extraordinary general meeting of the shareholders to pay dividends for January-June in the amount of 131.11 rubles per ordinary share. The total amount of dividends to be paid reached 17.35 billion rubles ($253.2 million), or 30% of the EBITDA. In H1 the company…

Ukraine: scrap deliveries to drop in September 2018

scrapBy admin27.08.2018Leave a comment

According to the state enterprise Ukrpromvneshexpertiza, in September, scrap stocks of metal companies will decreased by 11.11% MoM, or by 10 thousand tons, to 80 thousand tons. At the same time in October scrap stocks will grow by 18.75% MoM, or by 15 thousand tons, to 95 thousand tons. As of mid-August scrap stocks at…

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