On July 17 Belozerskoye Mine Group made its contribution to Ukraine’s energy independence by mining 1 million tons of coal. At present coal is mined at two long faces. In 2016 the company spent 50 million UAH on purifying machinery, and in H1 investments totaled 117 million UAH. The average daily coal output is 5140…
In January-June Zaporizhstal consumed 85 million cubic meters of gas, down by 2.5% YoY. This has been achieved thanks to manufacture efficiency increase and expenses decrease. “We used to consume 85 million cubic meters per month, now that’s the half a year results. But we are still working on decreasing gas consumption”, the company CEO…
In June Ukraine imported $14.2 million worth of manganese ore. According to the State Fiscal Service, the main supplier of ore was Ghana ($7.927 million). In January-June Ukraine imported $76.595 million worth of manganese ore, while exports reached $1.643 million. (Ukrainian metal)
In January-June Russia increased raw and semi-raw gold, as well as powder output by 7.4% YoY. According to the official statistics, June output increased by 10.5% YoY and by 50.7% MoM. (Ukrainian metal)
In July Druzhkovka Machine-Building Works, a part of Corum Group, finished manufacturing and supplied 8 trolleys and 3 locomotives to Vorkutaugol. The machines will be used to transport people and cargo in mines. This is not the first order – Vorkutaugol mines have been receiving trolleys and locomotives since 2013, with the latest delivery occurring…
Kinross Gold is preparing to start developing the Moroshka and Sentyabrskoye deposits in Chukotka. Moroshka reserves are estimated at 6.86 tons of gold and 60-70 tons of silver, enough for 2 years. Kinross Gold started operating at the Kupol deposits in 2008, and the Dvoynoy deposits are being developed since 2013. The combined reserves at…
In 2017 Yakutugol plans to invest some 3.5 billion rubles into technical revamp of its subsidiaries. According to the manufacture director Ivan Tsepkov, investments will grow 3.5-fold YoY. This year the group has already purchased three Liebherr R9200 excavators, two Uralmash excavators and three KamAZs for its Neryungrinsky open-pit. Jebariki-Haya pit will receive equipment and…
In January-June Beloretsk Iron and Steel Works increased sales of its premium products by 5.5% YoY. In particular, BMK sold 237 thousand tons of metal wares, up by 1% YoY. Wire, rods, sections and ropes showed the increase of 2.6-fold. Sales of steel mesh and structural shapes increased by 42% and by 34% respectively. Steel…