Gold and silver producer Polymetal International is ready to buy a pressure oxidation unit (POX) from Russia-focused gold producer Petropavlovsk Plc for $250 million. Polymetal is even ready to finish construction of the unit on its own and to buy 300,000 tons of refractory ore concentrate from Petropavlovsk per year to refine it at the…
The state enterprise Lvivugol will buy mining machinery for the Stepnaya mine valued at 120.65 million UAH. The corresponding auction has been announced in the Prozorro system. In particular the enterprise intends to purchase a shearer, a long wall conveyer with the length of 300 meters, 200 anchoring section moving mechanisms with hydraulic jacks and…
In January-May the gold-ore company Pavlik, developing the deposits of the same name in Magadan region, obtained 2700 kg of gold, up by 8% YoY. The manufacturing plan for the year is the same – 7 tons of the precious metal, up by 7.7% YoY. Last year Pavlik obtained 6.5 tons of gold. The company…
Bakyrchyk Mining Enterprise has been put into operation in the East Kazakhstan region. The enterprise will be developing a major gold project Kyzyl (Bakyrchyk and Bolshevik deposits). Its reserves are estimated at 280 tons of gold with the average content of 7.7 g per ton. When the enterprise reaches project capacity in 2019, it will…
Uchaly Mining and Processing Works has received 2 Sandvik DD311 drilling machines and a Sandvik TH545 underground dump truck. The machines will be operating at the Novo-Uchalinsky mine. This is the second underground truck bought this year for the Novo-Uchalinsky deposits. Ore mining will start next month. (Ukrainian metal)
RusHydro will support the project on the construction of Taishet Aluminum Works. All it is waiting for is the decision of Rusal. In early April RusHydro approved participation in the project. The company share was to be not more than $319.5 million. RusHydro will get 50% in the charter capital of the joint company RusAl…
The United Metal Company has opened an Internet store. The shop sells springs made by Chusov Iron and Steel Works as well as Almeteyevsk Works pipes. The new system allows small and medium business to order products directly from manufacturers. (Ukrainian metal)
Vorkutaugol has purchased special mobile devices to check mining machinery and carry out labor safety audits. Before going underground a wireman runs a special app on the smartphone. Near the machines there are special reading devices. The smartphone screen shows what has to be done with each machine. The first 12 devices are being tested…
