The Vorkutinskaya mine of Vorkutaugol has started mining coal at the new breakage face of the Troynoy layer. The reserves of the long face No. 612 are some half a million tons of coking coal. It is intended to mine 90 thousand tons of coal per month there. The length of the face is 195…
In Q3 Kinross Gold produced 586.2 thousand ounces of gold equivalent, down by 10.5% YoY. In 9 months the output decreased by 8.8% YoY, to 1.842 million ounces. The Kupol deposits in Chukotka yielded 366.4 thousand ounces, down by 15.8% YoY due to the extraction of ore with lesser gold content. The company has also…
Polymetal International plc has sold its 100% share in the platinum project Svetlobor to a group of Russian independent buyers for $5.5 million. “The project does not meet our strategy. Still, we retain a considerable project in the platinum sphere – Viksha, a large deposit, which will in future be developed”, the group chief managing…
The Vostoc-1 miners team has won the right to develop two sites with alluvial gold in Khabarovsk region. The enterprise, extracting gold in Amur region, has participated in two auctions. The final payment for the alluvial deposits in the Satma Brook valley was 407 thousand rubles with the initial price of 370 thousand rubles. The…
Energomashspetsstal has shipped a batch of back-up rolls weighing 110 tons to ArcelorMittal Temirtau. The corresponding agreement was signed in February 2017. The batch included 4 bulk rolls for the cold- and hot-rolling mills. In January EMSS won the tender to produce 1457 tons of rolls for AMT. The contract signed presupposes the delivery of…
Tula-Steel is finishing commissioning machinery. At a trial manufacture rebars Nos. 25 and 28, as well as channel 12U have already been produced. All the railroad routes have been created. The newly founded trading house Tula-Steel will be responsible for selling metal. The capacity of the works is 1.5-1.7 million tons of steel and rolled…
Severstal has produced anniversary 100-thousandth tons of rolled metal at the third line of polymer coating and at the continuous hot dip-galvanizing machine No. 3 in the metal coating shop No. 3 of Cherepovets Iron and Steel Works. The third line was commissioned on December 29, 2017. The machine with the capacity of 200 thousand…
Dneprovsky Iron and Steel Combine will carry out capital repairs of its converter No. 1 The waste-heat boiler has almost been disassembled, and the subcontractors have started disassembling a coffer. At the same time a new waste-heat boiler is being assembled. All the technical documentation has been received. Some 200 employees work at the site…