Russia: Rusal output up in 2017

In 2017 Rusal produced 3.707 million tons of aluminum, up by 0.6% YoY. In Q4 2017 output grew by 1.4% QoQ, to 944 thousand tons. Aluminum sales in 12 months increased by 3.6%, to 3.955 million tons, and in Q4 2017 by 3.3% QoQ, to 1 million tons. Average sale price was $2105 per ton,…

Russia: GV Gold output up in 2017

Gold output of GV Gold rose by 37% YoY, to 224,500 ounces in 2017, or 5% above the plan due to the launch of the Drazhnoye and Ugakhan deposits and a new dredging unit at the Bolshoi Kuranakh mine, the company said in a statement on February 5. The capacity of company’s processing facilities increased…