Ukraine: iron ore exports up in November 2018

In November Ukraine increased iron ore exports by 34.2% YoY, to $266.2 million, while imports dropped by 59.9%, to $1.805 million. According to the State Fiscal Service, China ordered the largest batches of ore ($64.751 million). In January-November iron ore exports grew by 10.1% YoY, to $2618.5 million, while imports fell by 68.5%, to $8.282…

Russia: sanctions from RUSAL to be removed in 30 days

The U.S. Department of the Treasury intends to lift sanctions from Russian power companies En+ Group and EuroSibEnergo, and aluminum giant UC RUSAL of businessman Oleg Deripaska in 30 days, but will retain sanctions against Deripaska personally, it said in a statement. The authority sanctioned these companies because of their ownership and control by Deripaska,…

Kazakhstan: gold mining up in January-November 2018

Kazakhstan’s production of unwrought gold, semi-worked gold or gold in powder form reached 88,491 kg in January-November showing an increase of 14.1% as compared to the same period of 2017, the Statistics Committee of the National Economy Ministry of Kazakhstan reports. In the accounting period production of unwrought silver, semi-worked silver or silver in powder…

Russia: Goldregion gold output down in 2018

Goldregion LLC, developing alluvial gold deposits in Amur region, this year has extracted 64 kg of the precious metal, down by 20% from the target. This year the company has been traditionally washing gold-bearing sands at the Malaya Gelenka Brook. Due to the violations of the environment legislation the operation of the company was suspended…