The environment prosecutors filed a suit to recover 47 million rubles from Irkutsk Aluminum Works for the damage done to the environment when using the industrial and household waste landfill. According to the prosecutors the company has violated the rules to manage wastes, resulting in the damage to the environment. Thus, the soil and trees…
In January-September the net profit of VSMPO-Avisma dropped by 30% YoY, or by 6 billion rubles, to 15.09 billion rubles. Revenues decreased by 775 million rubles, to 55.1 billion rubles. Fixed liabilities increased from 39.1 billion rubles to 64.7 billion rubles. (Ukrainian metal)
The assembly of a huge ball mill has started in the rotary shop of Chelyabinsk Zinc Works. The 70-ton machine is used for dry milling of zinc-containing calcined rotary oxide and turning it into a homogeneous product. According to the company CEO Pavel Izbrecht, in 2018 ChTZ will spend some 400 million rubles on environment…
Karabashmed will assemble 4 new bucket cranes with the lifting capacity of 16 tons in its metallurgical shop. The new lifting machinery will decrease copper concentrate unloading time, increase the volumes of received concentrate and create conditions to improve output. The assembly of the cranes is scheduled for late December. As the result of the…
Kyshtym Electrolytic Copper Plant has finished the assembly of two additional rows of electrolysis baths within the program to increase copper cathode capacities. Each row includes 40 ferroconcrete baths. The project will increase cathode output by 16.7%, to 140 thousand tons per year. Investments in the modernization are estimated at 420 million rubles. (Ukrainian metal)
Cherepovets Iron and Steel Works has completed the first stage of the coking battery No. 4 reconstruction – the foundation of the first plate. The total cost of the project is some 6 billion rubles. “This is a unique event for our city, our country and even for the whole CIS. Reconstruction of such a…
“The Kyrgyz government has no means to clear Kumtor’s open pit, so it is necessary to develop glaciers,” Deputy Prime Minister Duishenbek Zilaliev said at a parliament meeting. According to him, if Kumtor does not work, then the glaciers will collapse into the pit. The government will have to clear it at its own expense,…
Centerra Gold Inc. (Centerra) and Kumtor Gold Company (KGC) have summed up their operating results in 9 months of 2017. KGC produced 404,584 ounces or 12,583.98 kg of gold, Public Relations Department of Kumtor Gold Company reported. During the third quarter of 2017, Kumtor produced 138,561 ounces of gold compared to 166,030 ounces of gold…