The price of one ounce of gold increased by 2.7965 manats or by 0.1371% last week in Azerbaijan, to 2037.4075 manats. The price of one ounce of silver decreased by 0.5609 manats or by 2.2798%, 24.28162 manats. The price of one ounce of platinum grew by 6.375 manats or by 0.4766%, to 1336.1048 manats. Last…
The German DMT Group will study the labor conditions in mines located in Tkibuli, western Georgia, in the wake of a deadly blast earlier this year claiming the lives of four miners and leaving another six injured. The Mindeli coalmine has been closed since the blast took place on July 16. The DMT Group will…
Last year Leader Stal Vostoc received the status of resident of the Free port of Vladivostok, and this summer opened its own manufacturing site in the town of Ussurijsk. The plant, employing over 20 people, processes and coats galvanized steel coils. The polymer-coated galvanized steel coils are then sold to construction materials manufacturers. Investments in…
Russia’s exports of ferrous metals increased by 13.5% YoY, to 27.452 million tons in January-July, the Federal Customs Service said. Cast iron exports rose by 32.1%, to 3.383 million tons, and semi-finished carbon steel goods exports increased by 14.8%, to 9.507 million tons. In monetary terms, ferrous metals exports rose by 33.9%, to $13.585 billion.…
Bratsk Aluminum Works is going on with its ecological modernization. At present another gas-purifying machine is being assembled at the site. The electric filters operating since 1966 are gradually replaced. Now the company is finishing the assembly of 2 such machines, each with the cost of over 100 million rubles. Moreover, 7 years ago the…
Yekaterinburg Non-Ferrous Metals Processing Works has started producing precision wares of precious metals and other materials for the medicine industry. The main products are anodes, cathodes and other wares for pacemakers. The company has already produced pilot batches of anodes for all the major manufacturers of medical devices in Russia and by 2019 intends to…
Head of State Nursultan Nazarbayev has visited one of Karaganda region largest enterprises, which produces rolled ferrous metals. The President of Kazakhstan got familiar with the technologies for the manufacture of long products and was informed about the further plans concerning the development of the metallurgical plant. In addition, Nursultan Nazarbayev was informed about the…
A firm, owned by the wife of the former bodyguard of ex-Kyrgyz President of Kyrgyzstan Almazbek Atambayev Erkin Mambetaliev, Aichurok Adieva, is behind illegal gold mining at Naiza field in Chatkal district. According to the Ministry of Justice, the founders of Muraz Sintez firm, which intends to extract gold in the territory of Besh-Aral nature…