In 2016 UGMK will invest some 2.2 billion rubles into underground mining at the Gaysky Mining and Processing Works. According to the company statement, this will increase mining capacities to 7 million tons of ore per year. Gaysky GOK plans to mine 9.2 million tons of ore, slightly down YoY. (Ukrainian metal)
In January-October Ingulets Mining and Processing Works produced 9.74 million tons of iron ore concentrate, up by 2.6% YoY. According to a company representative, in October InGOK produced 880 thousand tons of concentrate, up from 739 thousand tons in September. (Ukrainian metal)
In January-October Severstal-SMC-Vsevolozhsk, a part of Severstal Russian Steel processed over 60 thousand tons of metal, which exceeded the total 2015 results. The company offers a wide range of metal processing services and welded billet production. It operates the first line in Russia on welded billet manufacture for automobile producers. The line is capable of…
Zaporizhstal has confirmed the correspondence of its integrated management system to ISO 14001, ISO 9001 and OHSAS 18001. According to the company statement, the audit has been carried out by Bureau Veritas Certification Ukraine. (Ukrainian metal)
The Ukrainian association of secondary metals (UAVtormet) has elected Vladimir Bubley the president. Bublei has been the general director of Ceramet since 1995. UAVtormet, founded in 1999, unites scrap companies of Ukraine, which provide for some 75% of scrap processing. (Ukrainian metal)
Susumanzoloto board of directors has elected the chief technician and acting general director Alexander Chugunov CEO of the company. Chugunov has been appointed for 5 years. Susumanzoloto is among top-10 gold producers in Russia. In 2015 the company and its subsidiaries mined 4234.4 kg of gold, up by 6.58% YOY. This year it plans to…
PJSC «MMC «Norilsk Nickel», the world’s largest producer of nickel and palladium, has joined the United Nations Global Compact. This major UN initiative in the area of corporate social responsibility and sustainable development unites entities committed to responsible business and good industry practice worldwide. “Joining the United Nations Global Compact is a milestone for Nornickel…
In January-October Vostochny Mining and Processing Works produced 810.5 tons of uranium concentrate, down by 14.6% YoY. According to the company statement, the cost of the concentrate produced totaled 2.6 billion UAH. In October VostGOK produced 88.4 tons of uranium concentrate valued at 312.8 million UAH. In January-September concentrate output at VostGOK dropped by 17.6%…