10:47Polymetal reports robust production results for 2Q 2008
The 2Q 2008 production results reported by Polymetal reveal steady growth in its gold mining operations and compliance with its production expansion target for 2008. We retain our positive outlook on the company's prospects and look upon the planned production growth, as well as the steadily high precious metal prices, as positive factors for the company.
10:38Polyus Gold publishes positive operating results for 1H 2008
Polyus Gold reported production and sales growth in 1H 2008, citing processing capacity expansion and high market prices on metals. The results showed that the company's main shareholders are serious in their intention to boost production, taking advantage of the company's large reserves and its licenses for the development of deposits.
10:35Saturn to take on orders for power generating turbines
New orders for power generation equipment are to enable the Saturn Research & Production Company to raise its consolidated revenue and profit indices, which should have a beneficial effect on its fundamental value.