Severstal reports Q4 & FY2018 financial results

MINEX Forum | February 5, 2019
img0 PAO Severstal (MICEX-RTS: CHMF; LSE: SVST), one of the world’s leading steel and steel-related mining companies, today announces its Q4 & FY2018 financial results for the period ended 31 December 2018. CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER ENDED 31 DECEMBER 2018 $ million, unless otherwise stated Q4 2018 Q3 2018 Change, % FY2018 FY2017 Change, ...

Record output drives revenue at Russia’s Polymetal up 11% in Q4

MINEX Forum | February 4, 2019
img0 Russian gold and silver producer Polymetal reported on Thursday an 11% rise in fourth quarter revenue, compared to a year earlier, on record high production following a full ramp-up at its mine in Kazakhstan. The London-listed firm, part-owned by businessman Alexander Nesis, launched the Kyzyl mine in Kazakhstanin 2018 and shortly after began construction at its new Nezhda gold mine in Siberia, which will contribute to its dividends in 2022. ...

Vorkutaugol wins international environmental award

MINEX Forum | December 11, 2018
img0 AO Vorkutaugol, one of the largest coal mining companies in Russia and a subsidiary of PAO Severstal, has won a First Class Diploma in the “Ecology and Human Health” category of the EcoWorld international environmental award. Enterprises and representatives from the scientific communities of 16 countries participated in this year’s competition. Vorkutaugol was awarded the ...