Metal and mining output in January-April in Donetsk region grew. In particular, the region produced 6.94 million tons of pig iron (up by 10% taking into account operation of assets on Ukraine-uncontrolled lands and by 19% without them), 6.99 million tons of steel (down by 0.3%, but up by 6%), 6.12 million tons of rolled…
In January-March Vysochaishiy produced 55 thousand ounces of gold, up 2-fold YoY. This increase has become possible thanks to the start of operation at the Drazhnoye and Ugakhan deposits in 2017. Ore output grew by 75%, to 1686 thousand tons, and processing – also by 75%, to 1748 thousand tons. Average gold price in Q1…
In January-March Russia exported 218.7 thousand tons of primary copper valued at $1496 million, up by 15.2% and by 40.6% YoY respectively. In March the average price of primary copper was $6739 per ton FOB Russian border, up by 19% YoY. Copper wire rod (wire) price was $6769 per ton, up by 23.4%. (Ukrainian metal)
Since May 4, Kosaya Gora Iron and Steel Works has switched its blast furnace No. 3, which produces pig iron, to the manufacture of Fmn78 ferromanganese. The decision was made taking into account the market situation and the offer of Metalloinvest to switch to a new price forming process on pellets, resulting in the considerable…
Russian Platinum has presented the results of the operation of it assets in the Far East. Yubileyniy GOK mined 24.7 thousand tons of ore. At the same time 33.513 thousand tons were processed, and 251.4 kg of gold and 158.1 kg of silver obtained. Perevalniy GOK mined 108.8 thousand tons of ore. The Perevalnaya processing…
Polyus reports that the capacity of Natalkinskaya gold-extracting factory has reached 80% of its project level of 10 million tons of ore per year. Since the start of the year Natalka has produced over 40 thousand ounces of gold. When the factory reaches its project capacity it will produce some 450 thousand ounces of gold…
Within the Freeport of Vladivostok project, Primorzoloto plans to construct a gold-extracting factory. Investor intends to construct two quarries. Gold-bearing ore will be delivered to the factory with the capacity of 500 thousand tons of ore per year. It is expected to obtain 64.5 tons of gold under the project. (Ukrainian metal)
With the commissioning of the new 10-38 mill in late 2017, Brok-Invest-Service intends to increase cold-rolled pipes output from 2.9 thousand tons to 3.5 thousand tons per month. The increase in output and sales is being planned despite the difficult situation on the Russian welded pipes market. The current capacities considerably exceed demand, and prices…