Kraszvetmet, the largest manufacturer of gold in Russia, could become a base for the creation of a non-ferrous metals processing holding. In 2018 the company set a record having produced 234 tons of gold. Last year Russia produced 314 tons of gold, which also became its historical maximum. The holding will unite Kraszvetmet, Moscow Special…
In 2017 Russia saw the largest output of gold. “This was the year of gold output record. We have also almost reached the record, set in the Soviet Union. And we have a chance this year to produce more gold than the Soviet Union”, Kraszvetmet CEO Mikhail Dyagilev Last year Kraszvetmet produced 220 tons of…
In 2017 Kraszvetmet produced the record-high amount of gold in its history – 220 tons, up by 22% YoY. Last year 307 tons of gold were produced in Russia. The company also produced 570 tons of silver and 118 tons of platinum-group metals (platinum and palladium). The company produces precious metals of the raw materials…
In 2017 Kraszvetmet received some 500 million rubles of net profit, up by 12% YoY. Revenue grew by 10%, to 21 billion rubles. Export revenue totaled by 40%, as the products were shipped to over 20 countries. Last year the company produced 3.3 tons of catalyst systems for nitrogen industry (+19%) and 2.7 tons of…
In 2016 Kraszvetmet revenues totaled 19 billion rubles, with net profits at 432 million rubles. Sales volume remained on the 2015 level. The company shares on most of the markets showed growth in 2016: by 65% on gold, by 60% on silver and by 97% on platinum. (Ukrainian metal)