The extraordinary meeting of Norilsk Nickel shareholders has set dividends for the first half of 2019 at 883.93 rubles per ordinary share (around $13.27). The total volume of funds to be spent on dividends will be 139.88 billion rubles ($2.1 billion). The date upon which the shareholders entitled to H1 dividends will be determined is…
In July Russia exported 10 thousand tons of ferrochromium, down by 18.5% MoM and by 0.6% YoY. Deliveries to China grew 3-fold, to 685 tons, and to the Netherlands – by 68%, to 7.3 thousand tons. Russia did not export to the USA in July, while in June its share was 32%. In 7 months…
In July Russia imported 111.3 tons of molybdenum ore, down by 62% MoM and by 54.8% YoY. Deliveries from the USA grew by 18%, to 47 tons, while from the Netherlands decreased from 128 tons to 64 tons. In 7 months imports totaled 1.8 thousand tons, down by 14.6% YoY. In monetary terms since the…
In August Mechel-Materials produced over 82 thousand tons of crushed stone and almost 44 thousand tons of mineral additives to concrete mixes, up almost 2-fold YoY. All the products were obtained as a result of metal manufacture wastes processing. Crushed stone output grew by 70%. In August the works processed over 126 thousand tons of…
Government of Kyrgyzstan has asked for two months to respond to the demands of activists on Jerooy deposit, civic activist Aibek Busurmankulov has reported. According to him, the organizers of the national assembly were received by the Prime Minister Mukhammedkaly Abylgaziev in Talas. “The head of the government has asked for two months. As you…
Miners in the western Georgian mining town of Tkibuli have stopped their protest as they have been promised to be paid their salaries, Georgian Minister of Economy Natia Turnava said after meeting with Saknakhshiri, a daughter company of Georgian Industrial Group (GIG) and miners. The company has a new Georgian investor, Steel Investment Trades Company,…
In July Russia exported 12.1 thousand tons of raw nickel, down by 12.2% MoM, but up by 40.4% YoY. Switzerland accounted for a third of deliveries, down by 20% MoM. In 7 months exports totaled 83.5 thousand tons, up by 8.3% YoY. In monetary terms since the start of the year exports have decreased by…
Since the start of the alluvial season, Dnepr-Gold LLC has extracted 500 kg of gold. The main volume of gold is washed at the sites in Taskan and Burhaky rivers valley. So far the company has exceeded its output target by 16.6%. Initially it was planned to extract 440 kg of gold. Moreover, Priiskatel LLC,…
