Ukraine: Vesco and Druzhkivka Mine Administration to pay over UAH 1 billion in dividends

PJSC Vesco and PJSC Druzhkivka Mine Administration (Druzhkivka, Donetsk region) will pay UAH 795.6 million and UAH 204.8 million of dividends to shareholders in the period from December 22, 2017 to June 21, 2018. According to a company report in the information disclosure system of the National Securities and Stock Market Commission, the shareholders made…

Russia: SBR Vertikalnoye resources increased

Silver Bear Resources Plc has increased the resources of its Vertikalnoye deposits in the Republic of Sakha (Yakutia) to 1.8 million ounces of silver. The resources have been moved to the Measured and Indicated category with the silver content of 1572 g per ton. At present the company is storing ore to start silver manufacture…

Russia: steel continues growing in price

Russian steel manufacturers have started increasing prices for local customers because of the ongoing growth of export prices. Thus, NLMK has increased its January 2018 prices for hot- and cold-rolled metal by 10%, and Severstal – by 4%. Steel started getting expensive in December. In just one week (December 15-22) average local prices have grown…