Ukraine: DTEK companies in uncontrolled territory of Donbass to work under Ukrainian law

Enterprises of DTEK private energy holding located on the territory of Donbass temporarily uncontrolled by Ukrainian authorities have been working and will work within the framework of Ukrainian legislation, DTEK Director General Maksym Timchenko said. “The company has been working and will continue to work exclusively within the framework of Ukrainian legislation,” he said. According…

Russia: gold output forecast for 2017

Gold production in Russia in 2017 will grow by 2-2.5%, to 304-305 tons, according to the Union of gold-miners of Russia. The union expects the average price to hit $1.27 thousand per 1 gold ounce. “Under the expected cross-rate of the ruble to the dollar at 57-65 rubles per dollar, we believe the ruble price…