Russia’s output of unrefined and semi-refined or powder platinum decreased by 15.1% YoY, but rose by 0.6% MoM in October, the Federal State Statistics Service said without disclosing absolute figures. Silver output grew by 13.9% YoY and by 21.8% MoM. In January-October the output of platinum dropped by 3.3% YoY, while of silver rose by…
Polymetal International plc has sold its 100% share in the platinum project Svetlobor to a group of Russian independent buyers for $5.5 million. “The project does not meet our strategy. Still, we retain a considerable project in the platinum sphere – Viksha, a large deposit, which will in future be developed”, the group chief managing…
The government of Sverdlovsk region has approved the removal of over 300 hectares of forests on the territory of Bilimbayevskoye and Nizhne-Tagilskoye forestries. The former will lose the largest part (254 ha). The sites thus retrieved will be used to extract ore gold and platinum at Kostarevskiy gold-bearing site and Rublevikskaya platinum alluvial site. (Ukrainian…
Russian metals giant Norilsk Nickel expects reserves of the Global Palladium Fund to stand at about 200,000 ounces at the end of 2018, CFO Sergei Malyshev said. “We have sold the bulk of the palladium fund reserves that we had at the beginning of this year. We had the reserves of 550,000 troy ounces at…
Russia’s output of unrefined and semi-refined or powder platinum decreased by 10% YoY and by 15.3% MoM in June, the Federal State Statistics Service said in a statement without disclosing absolute figures. Silver output fell by 17% YoY, but rose by 16.4% MoM. In January-June output of platinum grew by 1.4% YoY and of silver…
In May the diggers’ team Amur obtained 14.3 kg of platinum. Last month the enterprise washed 31 thousand cubic meters of sand. Rusty platinum output totaled 16 kg. This year the enterprise operates at the Uorgalan alluvial site. Last year Amur operated at the Konder site, having obtained 1274 kg of platinum, down by 17%…
Russia’s output of unrefined and semi-refined or powder platinum increased by 1.6% YoY and by 3% MoM in May, the Federal State Statistics Service said in a statement without disclosing absolute figures. Silver output increased by 11.9% and by 12.8% respectively. In January-May output of platinum grew by 4.4% YoY and of silver by 16.9%.…
In January-February Russia increased raw and semi-raw platinum output by 5% YoY, and silver – by 48%. According to the Federal Service of State Statistics, in February platinum output grew by 3% YoY, and silver – by 3.3%. As to January platinum manufacture increased by 56.9% and silver – by 51.3%. (Ukrainian metal)