In 2017 Mechel increased its net loss 1.9-fold YoY, to 15.2 billion rubles. According to the company statement, its revenue decreased 2.1-fold, to 5.99 billion rubles, gross profit dropped 4.1-fold, to 3.05 billion rubles, and sales profit – 7.3-fold, to 1.5 billion rubles. Other income grew 2-fold, to 15.3 billion rubles. The company fixed liabilities…
Russian coal producer Kolmar plans to raise coal production to 6.5 million tons in 2018 from 4.5 million tons in 2017, CEO Sergei Tsivilyov said on February 27. “In 2017 we already produced 4.5 million tons of coal, we’ve now purchased a lot of equipment, and our plans for 2018 is 6.5 million tons of…
Vysochaishiy (GV Gold) has relocated to a new business-center in Moscow situated on the Kadashevskaya Embankment Street. According to the company statement, the agreement to lease 1.3 thousand square meters was concluded with BASF in November 2017. The company occupies the whole floor of the office block. Vysochaishiy is among top-15 gold-mining companies in Russia.…
A unique train loaded with zinc and copper departed from Novo-Ust-Kamenogorsk. 114 loaded rail cars are headed to the port of Novorossiisk and from there will continue their way to Turkey, Spain, Italy and other foreign countries. “Delivery is a hot topic for Kazakhstani producers, which are geographically remote from the major transport hubs,” Head…
Residents of Chatkal district of Jalal-Abad region tried to take gold ore from the gold field Ishtamberdi, the regional police department informed. The CEO of Full Gold Mining turned to the police with statement. He said that at night about 50 people entered the mine and illegally dug out gold ore. As the police said,…
Radiation level in Ak-Tyuz village, Kemin district, after a break in a pipe with chemical waste remains normal, the State Committee for Industry, Energy and Subsoil Use reported. According to its information, a sharp drop in air temperature caused a break in the joint on the pipe of the pulp feed-line, running from the concentrating…
The number of business entities involved in operations with precious metals and stones increased in Kyrgyzstan in 2017, the Ministry of Finance reported with reference to the Department of Precious Metals. According to it, last year 877 business entities were involved in such operations (in 2016 – 608). According to statistics, most of the entrepreneurs…
In 2017 Interpipe paid 1.89 billion UAH to the budgets of all levels. According to the company statement, the volume increased by 32% YoY. In particular, the state budget received some 950 million UAH, and local budgets – around 640 million UAH. “Each ton of our products brings 2464 UAH to the budget”, the company…