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Tag Archives: Susumanzoloto

Russia: Susumanzoloto issues 30 thousand additional shares

SusumanzolotoBy admin11.03.2020Leave a comment

While merging with Magadanmetallotorg, Susumanzoloto has increased its statutory capital by 5.249 million rubles. Prior to this the company capital was 5.220 million rubles. One ruble corresponds to one ordinary share. Thus, during the merge the number of shares increased by 28999 pieces. In 2019 Susumanzoloto net profit totaled 3.139 billion rubles, up by 52%…

Russia: Susumanzoloto net profit up in 2019

SusumanzolotoBy admin02.03.2020Leave a comment

In 2019 Susumanzoloto received 3.139 billion rubles of net profit, up by 52% YoY. Revenue grew by 15%, to 18.171 billion rubles. The company sold 6103.8 kg of gold, up by 30.9 kg YoY. Sberbank and VTB were the main customers. Sales profit totaled 4.345 billion rubles, up by 45%. (Ukrainian metal)

Russia: Susumanzoloto company gets loan from VTB

SusumanzolotoBy admin20.01.2020Leave a comment

The VTB bank is providing a gold-extracting company Omchak with a loan of 2.9 billion rubles for 7 years. The interest rate is set at 9.75%. Susumanzoloto, the parent company of Omchak, acts as a pledger. The board of directors approved of the loan and pledge until October 8, 2029. Susumanzoloto will pledge 100% of…

Russia: Susumanzoloto gold output up in 2019

SusumanzolotoBy admin28.11.2019Leave a comment

Susumanzoloto, developing alluvial sites in Magadan region and the Republic of Sakha, has finished the washing season with 5406 kg of gold, up by 8.5% YoY. In particular Drazhnik LLC extracted 1758 kg of gold, Chai-Urya zoloto LLC – 852, Itkana LLC – 538, Astra LLC – 447, Sever LLC – 357, Chelbanya Pit LLC…

Russia: Susumanzoloto net profit up in H1 2019

SusumanzolotoBy admin09.08.2019Leave a comment

In January-June Susumanzoloto received 5.436 billion rubles of revenue, up by 1.2% YoY. Sales profit grew by 11.9%, to 1.446 billion rubles. Net profit increased by 6.3%, to 996.171 million rubles. This year the company intends to extract 6.5 tons of gold. (Ukrainian metal)

Russia: Susumanzoloto net profit up in Q1 2019

SusumanzolotoBy admin13.05.2019Leave a comment

In January-March, Susumanzoloto extracting gold in Magadan region, received 1.486 billion rubles of revenue, down by 16% YoY. Sales profit grew 2-fold, to 306.4 million rubles. The company net profit increased by 53%, to 106.5 million rubles. In 2018 Susumanzoloto received 2.039 billion rubles of net profit, with the total volume in 5 years reaching…

Russia: Susumanzoloto profit down on 2018

SusumanzolotoBy admin06.05.2019Leave a comment

In 2018 Susumanzoloto, extracting gold in Murmansk region, decreased net profit by 30.1% YoY, to 1.261 billion rubles. Revenue grew by 21.05%, to 16.217 billion rubles, including 16.075 billion from the sale of gold. The company sold 6072.9 kg of gold last year as opposed to 5415 kg in 2017. (Ukrainian metal)

Russia: Susumanzoloto dredger starts working in March 2019

gold, SusumanzolotoBy admin08.04.2019Leave a comment

Drazhnik LLC, a daughter company of Susumanzoloto, for the first time in its history put its dredger into operation in March (on March 25). Usually dredgers start working in late April. All the other 7 dredgers will be commissioned shortly. The company will be operating at 8 sites. Last year Drazhnik yielded 1803.6 kg of…

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