Yakutugol has finished delivering coal from its Djebariki-Khaya pit due to the wrap up of the summer navigation season. In May-October the company shipped 307 thousand tons of coal. The shipping plan has been exceeded by 2%. Coal has been shipped by Yakutia rivers to 14 northern and central settlements. (Ukrainian metal)
Prices of gold, silver and palladium decreased in Azerbaijan on October 10, according to the data published by the Central Bank. The price of gold dropped by 2.805 manats, to 2,022.456 manats per ounce on October 10 compared to the price on October 9. The price of silver fell by 0.0504 manats, to 24.4568 manats…
The Ministry of Finance and the State Committee of Uzbekistan on Privatization, Demonopolization and Development of Competition left the Almalyk Mining and Metallurgical Combine with full net profit for 2017. Last year the combine earned 124 billion soums of net profit. Of this money, 88.2% (state share) – 109.4 billion soums – were decided to…
Tajikistan needs some $500 thousand to complete the prospecting works at the Kurgovad deposit. The deposit has large resources of alumina, the main raw material for the manufacture of aluminum. The project aims among other thing at “solving current economic and social issues of development of Tajikistan, mastering the manufacture of competitive products to replace…
Ural Mining and Metallurgical Company has attracted a debut syndicated loan of EUR 100 million. The loan has been provided by a pool of European banks: Raiffaisen Bank International AG, Raiffaisenbank, Rosbank and Societe Generale. The 3-year loan is structured as a classical re-export financing secured by the future supplies of copper and other export…
SSM-Tyazhmash has produced a steel ladle, a loading chute and a platform to transport chutes for Cherepovets Iron and Steel Works. The chute has the volume of 100 cubic meters and weighs 78.3 tons, while the platform has the length of 15.1 meters, the lifting capacity of 189 tons and weighs 51 tons itself. By…
U.K.-based mining giant Evraz, which operates mainly in Russia, has started a $60-million expansion of a rail wheel production at its subsidiary Evraz Nizhny Tagil Metallurgical Plant (Evraz NTMK) by 78,000 units per year, Evraz said in a statement. The company plans to launch two fully automated lines for full section manufacturing of rail wheels…
In September Dneprospetsstal decreased steel output by 7.9% MoM, to 19343 tons. According to the company statement, rolled metal manufacture decreased by 5.7%, to 13.229 thousand tons. In January-September steel output dropped by 2.3% YoY, to 188.151 thousand tons, and that of rolled metal – by 0.9%, to 125.588 thousand tons. (Ukrainian metal)