Russia: gold output up in H1 2017

Russian gold output increased by 5.93% YoY, to 122.3 tons in January-June, the Finance Ministry said in a statement on October 4 citing data on supplies to gold refineries. Mined gold output rose by 5.48%, to 96.3 tons in the period, while by-product gold output increased by 15.07%, to 8.4 tons, and gold scrap production…

Russia: Amur region mines 2.4 million tons of coal

In January-September Amur region yielded 2.4 million tons of coal. Amursky Ugol carries on its program to modernize mining and transport machinery. Thus, new bulldozers appeared at Yerkovetksy and Severo-Vostochniy pits. In 2018 the program will continue. Yerkovetsky pit was put into operation in 1991, Severo-Vostochniy pit – in 1932. (Ukrainian metal)

Russia: Krasnoyarskugol increasing coal output

In January-September Krasnoyarskugol mined 4.4 million tons of power-generating coal, up by 12% YoY. The increase is explained by the positive dynamics on the coal market. Analysts say that coal consumption by major power companies has increased, as have the exports. “Coal remains the cheapest and the most trusted type of fuel. According to our…