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Stoilensky GOK
OJSC Stoilensky GOK is an iron ore company in Russia. Its main facility, the Stoilensky Mining and Beneficiation Plant (SGОК), is located in Stary Oskol, in the Belgorod region. Stoilensky is associated with Novolipetsk Steel and accounts for roughly 16% of Russia's iron ore production. Stoilensky GOK is listed in the MICEX and RTS exchanges in Russia. Operations The Stoilensk deposit is in the northeastern part of the Kursk Magnetic Anomaly Kursk Magnetic Anomaly (russian: Курская магнитная аномалия) is a territory rich in iron ores located within the Kursk, Belgorod, and Voronezh oblasts in Russia, and constitutes a significant part of the Central Chernozy .... The company's mine is confirmed to have reserves of 26.6 million tons of high-grade iron ore and 1.4 billion tons of ferruginous quartzite. References External linksOJSC Stoilensky ROKStoilensky GOK at Novolipetsk Steel{{in lang, en Mining companies of Russia Iron ore mining c ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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NLMK Group
Novolipetsk Steel, or NLMK, is one of the four largest steel companies in Russia. NLMK's share of domestic crude steel production is about 21%. It primarily produces flat steel products, semi-finished steel products and electrical steels. NLMK also produces specialty coated steels, plus high-ductility and micro-alloyed steels. It is the 21st-largest steel maker in the world. The larger NLMK group owns a number of other steel and mining industries, mostly in Russia. History Historically, the Lipetsk area in central Russia has had substantial iron ore deposits. In 1702, Peter the Great ordered the construction of an iron foundry there. In 1931, Novolipetsk Iron and Steel began construction of a plant on the site of the iron ore mine. Prospering down through the decades, Novolipetsk became a joint-stock company in 1992 and then in 1993 began the process of privatization by distributing company shares to its employees. The company seems to be acquisitive; see list of related o ...
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Companies Based In Belgorod Oblast
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Iron Ore Mining Companies
Iron () is a chemical element with symbol Fe (from la, ferrum) and atomic number 26. It is a metal that belongs to the first transition series and group 8 of the periodic table. It is, by mass, the most common element on Earth, right in front of oxygen (32.1% and 30.1%, respectively), forming much of Earth's outer and inner core. It is the fourth most common element in the Earth's crust. In its metallic state, iron is rare in the Earth's crust, limited mainly to deposition by meteorites. Iron ores, by contrast, are among the most abundant in the Earth's crust, although extracting usable metal from them requires kilns or furnaces capable of reaching or higher, about higher than that required to smelt copper. Humans started to master that process in Eurasia during the 2nd millennium BCE and the use of iron tools and weapons began to displace copper alloys, in some regions, only around 1200 BCE. That event is considered the transition from the Bronze Age to the Iron A ...
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Mining Companies Of Russia
Mining is the extraction of valuable minerals or other geological materials from the Earth, usually from an ore body, lode, vein, seam, reef, or placer deposit. The exploitation of these deposits for raw material is based on the economic viability of investing in the equipment, labor, and energy required to extract, refine and transport the materials found at the mine to manufacturers who can use the material. Ores recovered by mining include metals, coal, oil shale, gemstones, limestone, chalk, dimension stone, rock salt, potash, gravel, and clay. Mining is required to obtain most materials that cannot be grown through agricultural processes, or feasibly created artificially in a laboratory or factory. Mining in a wider sense includes extraction of any non-renewable resource such as petroleum, natural gas, or even water. Modern mining processes involve prospecting for ore bodies, analysis of the profit potential of a proposed mine, extraction of the desired materials, an ...
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Ferruginous Quartzite
The adjective ferruginous may mean: * Containing iron, applied to water, oil, and other non-metals * Having rust on the surface * With the rust (color) See also * Ferrous, containing iron (for metals and alloys) or iron(II) cations * Ferric, containing iron(III) cations * Ferrate, anions containing iron * Ferruginous body, a nodule indicative of asbestos inhalation * Ferruginea (other) Ferruginea, a Latin word meaning "ferruginous" or "rusty", may refer to: * Substantia ferruginea, an underlying patch of deeply pigmented nerve cells that give the locus ceruleus its bluish-gray color * a ''Magnolia grandiflora ''Magnolia gran ... * List of birds described as ferruginous {{disambiguation ...
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Kursk Magnetic Anomaly
Kursk Magnetic Anomaly (russian: Курская магнитная аномалия) is a territory rich in iron ores located within the Kursk, Belgorod, and Voronezh oblasts in Russia, and constitutes a significant part of the Central Chernozyom Region. The Kursk Magnetic Anomaly is recognized as the largest magnetic anomaly on Earth. The Kursk Magnetic Anomaly (KMA) was first discovered in 1773 by the Russian astronomer and academic Pyotr Inokhodtsev while preparing the maps of the General Land Survey (russian: Генеральное межевание) at the behest of the Russian government. It was not investigated again until 1874 when I. N. Smirnov conducted the first geomagnetic survey of European Russia. In 1883, N. D. Pilchikov, an assistant professor at Kharkiv University, conducted a series of 71 observations of the Kursk Magnetic Anomaly. These revealed a much larger extent than previously measured and for the first time attributed the anomaly to the presence of i ...
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Russian Trading System
The Russian Trading System (RTS) was a stock market that operated in Moscow from 1995 to 2011. It was established in September 1995 to consolidate various regional trading floors into one exchange. In December 2011 it merged with Moscow Interbank Currency Exchange (MICEX), creating Moscow Exchange. Originally RTS was modeled on NASDAQ's trading and settlement software; in 1998 the exchange went on line with its own in-house system. Initially created as a non-profit organisation, it was transformed into a joint-stock company. RTS Index The RTS Index (RTSI) was first calculated on September 1, 1995. It is now the official indicator of Moscow Exchange. The RTSI is a capitalization-weighted composite index calculated based on prices of the 50 most liquid Russian stocks. The Index is calculated in real time and denominated in US dollars. The RTS Index (RTSI) reached its highest point at 2,498.10 on 19 May 2008 (closing price: 2,487.92), which was during the global financial crisi ...
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MICEX
The Moscow Interbank Currency Exchange (russian: Московская межбанковская валютная биржа) or MICEX (russian: ММВБ) was a stock exchange that operated in Russia from 1992 to 2011. MICEX was the leading Russian stock exchange and one of the largest universal stock exchanges in Eastern Europe. It merged with the Russian Trading System in 2011, creating Moscow Exchange. MICEX consisted of about 550 participating organizations and members, which traded for their clients. In 2006 the volume of transactions on the MICEX reached 20.38 trillion rubles (US$754.9 billion), representing more than 90% of the total turnover of the leading stock exchanges in the Russian stock market. About 239 Russian companies were listed, with a market capitalization Market capitalization, sometimes referred to as market cap, is the total value of a publicly traded company's outstanding common shares owned by stockholders. Market capitalization is equal to the mar ...
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Novolipetsk Steel
Novolipetsk Steel, or NLMK, is one of the four largest steel companies in Russia. NLMK's share of domestic crude steel production is about 21%. It primarily produces flat steel products, semi-finished steel products and electrical steels. NLMK also produces specialty coated steels, plus high-ductility and micro-alloyed steels. It is the 21st-largest steel maker in the world. The larger NLMK group owns a number of other steel and mining industries, mostly in Russia. History Historically, the Lipetsk area in central Russia has had substantial iron ore deposits. In 1702, Peter the Great ordered the construction of an iron foundry there. In 1931, Novolipetsk Iron and Steel began construction of a plant on the site of the iron ore mine. Prospering down through the decades, Novolipetsk became a joint-stock company in 1992 and then in 1993 began the process of privatization by distributing company shares to its employees. The company seems to be acquisitive; see list of related organ ...
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Stary Oskol
Stary Oskol ( rus, Старый Оскол, p=ˈstarɨj ɐˈskol) is a city in Belgorod Oblast, Russia, located south of Moscow. Population: It is called Stary Oskol (Old Oskol) to distinguish it from Novy Oskol (New Oskol) 60 km south. Both are on the Oskol River. History It was near the Muravsky Trail used by Crimeans and Nogais to raid Muscovy. In 1571 a fort was built nearby. It was abandoned after 15 years, but the area was still patrolled. In 1593Charter of Starooskolsky Urban Okrug Oskol was refounded as a fortress. In 1617 it was burned by the Poles. The surrounding area was frequently raided by the Tatars. In 1655 it was renamed Stary Oskol to distinguish it from the new fort at Novy Oskol. Later it was affected by the Russian Civil War in 1919, as well as by World War II, when it was captured by Hungarian troops. After World War II, industry developed in the city and its population started to grow. Etymology Accurately confirmed information about the meani ...
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