Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Nordgold Quarterly Sales Rise 8% as Prices Balance Output Drop

Nordgold NV, Russian billionaire Alexey Mordashov’s gold producer, said first-quarter sales rose 8 percent as prices gained, compensating for a declining output.

Revenue climbed to $264 million from $244 million a year earlier, the company, which was spun off from steelmaker OAO Severstal earlier this year, said today in a regulatory filing.

Output fell 11 percent to 155,700 troy ounces from 174,200 ounces in the same period a year earlier, according to the statement. Nordgold’s sales volumes fell 10 percent to 156,200 troy ounces of the precious metal.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.