Vostok Engineering ponders the possibility of processing ore from the Tomtor deposits (Yakutia) in the Chita region or Krasnoyarsk Krai. “The ore will be processed outside of Yakutia – either in the Chita region, or in the Krasnoyarsk Krai. The final decision has not been taken yet, though”, the company managing director Segrey Sergienko said.…
Norilsk Nickel is ready to study the offer on the Udokan deposits development in the Zabaikalie region, but the company has not received such an offer. “We have no offers so far. If we get any, we’ll discuss it”, the company CEO Vladimir Potanin said. The Udokan deposits is one of the largest copper deposits…
Metalloinvest is transferring its managing company from Moscow to Stariy Oskol in the Belgorod region. The town houses its main manufacturing capacities. Moscow will retain financial division, GR and marketing. The transfer has already commenced and is expected to be finished in 2018. Half of the managing company will be relocated to Stariy Oskol by…
An employment center for Metinvest workers from the companies on the occupied territories has started operating in Mariupol. According to Azovstal CEO Enver Tskitishvili, the Metinvest staff is a single body, despite territorial spread. Azovstal has already employed the first workers from the Yenakievo Iron and Steel Works. Other Metinvest enterprises do the same. On…
In January-February Chukotka region mined 3,577 tons of gold, down by 14% YoY. The overall decrease was the result of the output drop at the large gold and silver deposits of Kupol and Dvoynoye. At Kupol the Chukotka Mining and Geological Company mined 1.472 tons of gold, down by 218 kg YoY, and 19.9 tons…
From the start of the year and as of March 17, the gold-mining company Druza has mined 135 kg of gold at its Nevskoye deposits. “At present we continue mining ore gold at the Nevskoye deposits. Operations at the Bolshoy Dogaldyn have already been started”, the company chief geologist Konstantin Morgun said. In 2017 Druza…
The management of Susumanzoloto intends to mine 4050 kg of gold at its deposits in the Magadan region. “At present we make all the preparations to the season: repair machinery, carry out drilling and blasting. We’ll start extracting alluvial gold in April. At the same time we continue mining ore gold at the Vetrenskoye deposits.…
Interpipe has started importing scrap from Moldova. “We import scrap from Russia and from Moldova. These are just trial batches, of around several tons. But I expect scrap imports to increase in future. There are no other options”, Interpipe finances and economy director Denis Morozov said. According to him, if scrap is imported from other…