Russia: Polymetal creates JV in Chukotka

Polymetal has concluded an agreement with a company affiliated with Mineral Exploration Network (Finland) Ltd (MEN) on the creation of a joint venture to carry out prospecting works in Chukotka Autonomous District. The gold ore to be found by the JV will provide additional raw materials to the Mayskaya factory, able to process both sulfide…

Russia: ZTZ gets first credit rating

Zagorsky Pipe Works has for the first time received its credit rating. According to AKRA rating committee dated May 20, the company rating is “BBB+” with stable outlook. The decision is based on the company strong market position, low debt burden, moderate business profile and corporate management level. “We are satisfied with the debt to…

Russia: EZOTsM QMS re-certified to ISO 9001:2015

In March, Yekaterinburg Non-Ferrous Metals Processing Works successfully passed its quality management system re-certification audit, carried out by TMS Rus LLC, an exclusive representative of the TÜV SÜD Management Service GmbH in the EAEU. The new ISO 9001:2015 certificate is valid until April 4, 2022. EZOTsM products have been certified since 1992, and the whole…