The prices for gold and silver bars in Azerbaijan decreased, while the prices for other precious metals increased on August 1, according to the data published by the Central Bank. The price of gold decreased by 2.3035 manats, to 2075.751 manats per ounce, compared to the price on July 31. The price of silver decreased…
Russian steelmaker Novolipetsk Steel (NLMK) plans to raise production in July-September as compared with April-June, the company said in a presentation. Operating results of Russian facilities of NLMK are traditionally strong in July-September, which should improve financial results of the company, NLMK said. The company’s steel production rose by 1% QoQ, to 4.381 million tons…
Velikomostovskaya mine of the state enterprise Lvivugol has put a new long face No. 114 into operation. The face reserves are estimated at 162 thousand tons of coal. The length of the long face will be 80-120 meters. It was expected to mine 3750 tons of coal in late July there. (Ukrainian metal)
In January-June DTEK Energo mined 11.4 million tons of coal, down by 15% YoY. Coal processing reached 8086.3 thousand tons. Concentrate output totaled 4897.8 thousand tons. (Ukrainian metal)
On October 1 Bystrinsky Mining and Processing Works intend to supply the first batch of dry magnetite concentrate (2.948 thousand tons) to China. The drying shop has already been commissioned. Its construction began in 2016. From now on the company can supply magnetite concentrate in winter as well. The total volume of magnetite concentrate to…
In January-June Kapan Mining and Processing Works, a part of Polymetal International plc, processed 312 thousand tons of ore as opposed to 246 thousand tons a year ago. In Q2 ore processing grew to 158 thousand tons from 132 thousand tons in Q2 2017. In Q2 gold contents in ore totaled 2 g, down by…
In January-June Russky Ugol increased sales of Krasnoyarsk power-generating coal by 14% YoY, at the same time Amur coal sales grew by 5%. In particular, in 6 months the company shipped over 1.6 million tons of coal from Amur deposits and some 500 thousand tons of coal from Sayano-Partizansky pit in Krasnoyarsk region. (Ukrainian metal)
In June Russia produced 4.33 million tons of pig iron, up by 6.7% YoY (4.293 million tons in May). In 6 months pig iron output grew by 0.9% YoY, to 25.914 million tons. Ukraine increased output in June by 7.9% YoY, to 1.631 million tons (1.582 million tons), and by 7.7% YoY in 6 months,…