PJSC ArcelorMittal Kriviy Rih, the largest mining and metallurgical company of Ukraine, will increase salaries of its employees from 5% to 20% from May 1. A new remuneration system, which was developed at the company, allows to review the employees’ salaries on a case-by-case basis – depending on the category of the personnel. The main…
In connection with the situation at the Kyrgyz-Chinese gold mining enterprise GL Makmal Developing, the Embassy of the People’s Republic of China in Kyrgyzstan and the Consulate General of the People’s Republic of China in Osh appealed to the Ministry of Foreign Affairs and the Ministry of Internal Affairs of the Kyrgyz Republic to conduct…
The prices of the main precious metals varied in Azerbaijan on April 12, according to the data published by the Central Bank. The cost of gold increased by 26.639 manats, to 2294.3455 manats per troy ounce compared to the price on April 10. The cost of silver increased by 0.2886 manats, to 28.28 manats per…
Within the program of eco-modernization Zaporozhkoks has completed the capital repairs of the aeration tank No. 7 used for bio-chemical purification of wastewater. Investments in the project exceeded 2.8 million UAH. To repair the aeration tank No. 7 the company employed the specialists of the Ukrainian state research institute on the water supply and environment…
Chaarat Gold Holdings Ltd intends to put the Charaat project into operation in two stages, with the first gold to be obtained in 2020. The first stage presupposes the development of the Tulkubash quarry with the output of 100 thousand ounces of gold per year. Gold reserves at the deposits are estimated at 1.05 million…
The integrated chemical and metallurgical complex to produce titanium dioxide, rare and rare earth metals will be created on the basis of the Afrikandskoye deposits in Murmansk region. Investments might total 14 billion rubles. Some 2.5 thousand jobs might be created. When the project reaches full capacity, it could produce 75 thousand tons of titanium…
In January-March Chukotka yielded 5.323 tons of gold, down by 5% YoY. Silver output totaled 27.5 tons. Chukotka Mining and Geological Company, a part of Kinross Gold, was the leader in gold mining, having obtained 2.408 tons, up by 86.9 kg YoY. Silver output reached 24.586 tons. Rudnik Karalveyem (Auramine Resources) mined 403.8 kg of…
Chelyabinsk Zinc Works has completed the tests of obtaining indium of high purity (99.9999%). This has become possible thanks to the company-developed manufacturing technique, as well as implementation and commissioning of the vacuum inductive smelting machine. Indium consumption in the world has been quickly growing lately. Some 70% of the total indium output is used…