Russia: Olbot to extract 100 kg of gold

During the current washing season the Olbot gold-extracting team LLC intends to extract at least 100 kg of gold. The company is washing for gold on the territory of Susuman district of Magadan region in the valleys of the Bolshoy Khatynakh and Sabygyl-Stanovoy brooks. Olbot started its washing season in May. This year the gold…


Russia: coal output at Buryatia up in January-July 2019

In January-July the Republic of Buryatia extracted 4.456 million tons of coal, up by 29% YoY.

Razrez Tugnuisky contributed the most coal – 2.836 million tons, up by 58%.

This year the republic intends to extract 6.2 million tons of coal. (Ukrainian metal)

Ukraine: AMKR to spend 10.8 billion UAH to pay dividends

ArcelorMittal Kriviy Rih intends to spend 10.8 billion UAH to pay dividends. This amount corresponds to 2.81 UAH per ordinary share.

The dividends will be paid via the Ukraine’s depositary system.

AMKR is the largest manufacturer of rolled steel in Ukraine.

Mittal Steel bought 93.02% of Krivorozhstal in 2005 for 24.2 billion UAH. (Ukrainian metal)

LIVE FUTURES REPORT 10/09: SHFE nickel price outperforms with 1.5% gain, others mixed

Base metals prices on the Shanghai Futures Exchange exhibited mixed movements during morning trading on Tuesday September 10 while the complex reacts to global economic growth concerns and China relaxing its monetary policy. China’s disappointing trade data for August, with exports unexpectedly down 1% year on year, weighed on market sentiment at a time when…