Russia: MMK industrial park adds major European investor as resident

PJSC Magnitogorsk Iron and Steel Works (MMK), the Chelyabinsk Region’s Investment Development Agency, together with Rusfoundryconsult and SEEIF Ceramic, a.s. (Czech Republic) have signed a cooperation agreement at the international industrial exhibition Innoprom 2018 in Yekaterinburg. The agreement was signed by CEO of MMK Pavel Shilyaev, Director of the Chelyabinsk Region’s Investment Development Agency, Alexey…

Russia: Magadan region’s gold output up in H1 2018

Gold output of Magadan region increased by 14.39% YoY, to 358.961 tons in January-June, a representative of the regional government’s natural resources department reported. Ore gold output rose by 25.52%, to 9.062 tons, while alluvial gold fell by 3.38%, to 4.37 tons. Silver output dropped by 2.82%, to 358.961 tons in the period. Magadan region’s…

Kyrgyzstan: mining industry helps develop regions

Kyrgyzstanis should understand that the mining industry would help to develop the regions, the President of the Association of Miners and Geologists of the Kyrgyz Republic Orozbek Duisheev declared. According to him, Kyrgyzstan is rich in natural resources, but the local population often opposes development of the deposits. “The president said that we needed to…