In January-June Seligdar received 759.9 million rubles of net losses, up from 283.3 million rubles in H1 2017. At the same time the company revenue grew 1.6-fold, to 3.808 billion rubles. Gold sales accounted for 2.9 billion rubles, while tin and tungsten – for 270.8 million rubles. Other services (ore mining) accounted for 552.7 million…
Seligdar has reached the manufacture of gold at over 1 ton per month. In particular, in July the output totaled 1008 kg or 32408 ounces. This is the fist time that the company has exceeded the 4-digit level of gold output. In January-June Seligdar also processed 10 million cubic meters of rock, while some 3…
In January-June Seligdar increased rock transportation by 15% YoY, to 10 million cubic meters. Rock mining grew by 56%, to 5.8 million tons. Gold output increased by 39%, to 1327 kg. Nizhneyakokitsky Works demonstrated the best results having obtained 600.1 kg of gold. This year Seligdar intends to mine 6 tons of gold. (Ukrainian metal)
By 2024 Seligdar intends to have increased gold output to 10 tons. According to the company development strategy, the first stage of 2018-2021 will see gold output increase to 8 tons. The second stage of 2022-2024 presupposes the commissioning of the Khvoyniy site in Yakutia with the capacity of over 2 tons of gold a…
This year Seligdar intends to mine 6 thousand kg of gold, up by 30% YoY. The increase has to do with the Ryabinovoye gold-extracting factory reaching project capacity and the increase of output at Ryabinoviy Mining and Processing Works. The Ryabinovoye LLC output plan is 1805 kg of gold. The Sininda 1 miners team intends…
In January-March Seligdar mined 238 kg of gold, up 2.5-fold YoY. Ryabinovoye LLC was the leader in gold mining: its output in Yakutia grew 2.3-fold, to 178 kg. The Podgolechnoye deposit yielded 28 kg of gold, with 4 kg more produced by Nizhneyakokitsky Mining Works. Sininda-1 mined 9 thousand tons of ore, but had not…
In 2017 Seligdar commissioned 3 processing factories, produced over 1 thousand tons of tin and increased mining volume by 30% YoY and gold reserves by 19 tons. Last year the group also struck an important deal of Rusolovo shares consolidation. As the result, the group balance received a major asset. Seligdar plans to pay dividends…
In January-September Seligdar received 950.26 million rubles of net profits, up by 14% YoY. According to the company statement, its EBITDA decreased by 5.1%, to 3.111 billion rubles, while profits before taxation grew by 13.8%, to 1.193 billion rubles. Revenue increased by 6.1% YoY, to 8.333 billion rubles, with gold sales revenue down by 1.5%,…