Russia: Pravourminskoye places bonds

On February 22 Pravourminskoye LLC was accepting offers for its BO-01 bonds valued at 3 billion rubles. The placement of 10-year bonds is scheduled for February 27. The maturity date is March 31, 2028. The value of each bond is 1 thousand rubles. In December 2012 the company placed 7-year bonds valued at 3 billion…

Russia: tin to be mined in Yakutia

The manufacture of tin concentrate in Yakutia will have reached 5.5 thousand tons by 2032. The government of the region intends to restore tin industry by developing tin deposits and commissioning the Tirekhtyakh alluvial site and Deputatskoye deposits. Yanolovo, the developer of the Tirekhtyakh, is negotiating investments with China. The site reserves are 68.4 thousand…

Russia: tin output in Yakutia to start by 2019

Yanolovo is negotiating the financing of the Tirekhtyakh Brook alluvial tin deposits development with a Chinese company. The start of the development is planned for 2019. B+C1 balance reserves of the deposit amount to 68.4 thousand tons of tin, enough for 26 years of development. The size of the deposits is 15.61 square kilometers. The…

Russia: Chinese to produce tin in Yakutia

The Republic Investment Company and its daughter enterprise Yanolovo have concluded an agreement with the Chinese investment fund YaZuan Investment Co. Ltd on development of tin-bearing deposits on the territory of Yakutia. Yanolovo obtained the license to develop Tirekhtyanskoye tin deposits in 2015. Raw metal output could be 500-3.5 thousand tons per year. (Ukrainian metal)