The specialists of Raspadskaya Coal Company have developed a virtual mine named “My Mine”. The program is used to teach mining students and improve experience of miners. With the virtual reality helmets the users can construct an underground infrastructure of the mine, give tasks to virtual employees and control their work. Several users can be…
A blooming master lost a part of his leg while the metal was cut at ArcelorMittal Kriviy Rih. The accident happened on June 14. The master was transported to the city hospital. At the same time the State Labor Service reports of no accident at AMKR on June 14. But since it has reported a…
The Russian government has approved an agreement with the Chinese government on joint development of the Klyuchevsky gold ore deposit in the Zabaikalsky region. The project will be carried out by Zapadnaya-Klyuchi, a subsidiary of Indian investment group CAH Gold, in two years. The project will attract $500 million direct investment from China and can…
Russian aluminum producer RUSAL asked Prime Minister Dmitry Medvedev in early June to reduce the tariff on railway transportation of raw materials and goods to help it amid the U.S. sanctions. On April 6 the U.S. imposed sanctions against 38 Russian tycoons, government officials and companies, including Oleg Deripaska and his assets RUSAL and En+…
The prices for exported goods in Kazakhstan in April increased by 0.6% compared to December 2017, and for imported goods – by 1.1%, according to the Statistics Committee of the Kazakh National Economy Ministry. In the reporting period the increase in prices of export supplies was registered for copper – by 7.9%, non-ferrous and ferrous…
The prices of precious metals varied in Azerbaijan on June 14, according to the data published by the Central Bank. The cost of gold increased by 7.6415 manats, to 2,209.082 manats per ounce compared to the price on June 13. The cost of silver increased by 0.3063 manats, to 28.9073 manats per ounce. The cost…
In January-May Khabarovsk region yielded 7232.7 kg of gold, up by 12.4% YoY. Resursy Albazino LLC, a part of Polymetal, has provided for 40% of the total volume. The company is mining for gold at deposits of the district named after Polina Osipenko. Alluvial gold accounted for 443.7 kg of the total volume, down by…
In May MMK decreased railroad transportation of rolled metal by 11.6% YoY and by 3.4% MoM, to 829 thousand tons. In January-May railroad shipping of metal from MMK increased by 3% YoY, to 4.44 million tons, the highest result in the past 4 years. Deliveries to domestic customers grew by 13%, to 2.85 million tons,…