The prices of gold, silver, platinum increased, while the price of palladium decreased in Azerbaijan on May 4, according to the data published by the Central Bank. The cost of gold increased by 5.5675 manats, to 2231.5985 manats per troy ounce compared to the price on May 3. The cost of silver increased by 0.0462…
The meeting of employer PJSC ArcelorMittal Kriviy Rih and the representatives of labor collective began on May 3 with a purpose to start reconciliation procedures. As of early May 4, it has already lasted for over 18 hours. The employer signed an agreement regarding the creation of reconciliation commission in order to settle collective labor…
In April 3 of Metinvest companies became the largest receivers of VAT: Azovstal, Mariupol Ilyich Iron and Steel Works and Zaporizhstal. According to the State Treasury of Ukraine, Azovstal was reimbursed 691.8 million UAH as opposed to 378 million UAH in March. Mariupol Ilyich Iron and Steel Works retained the second place (530.8 million UAH…
In April angle (63×6) prices in the Central region decreased by 15%, to 43 thousand rubles per ton. Price change on B1-30 beams totaled only 0.1%, to 54.5 thousand rubles. Flat galvanized rolled metal saw the highest increase in price – 4.05%, to 58 thousand tons per ton. It is followed by the hot-rolled sheet…
In April Uzmetkombinat produced the record-high volume of rolled metal – 94.5 thousand tons, including 27.7 million tons of milling balls. The company is one of the largest metal enterprises in the country. In January-April output totaled 336.9 thousand tons. (Ukrainian metal)
Highland Gold Mining Ltd has selected a company to design the processing factory at the Kekura deposits in Chukotka. According to the company statement, this is Spb-Gyproshakht LLC. This year HGM plans to start construction of infrastructure at the deposits. In 2019 Kekura will be connected to the grid. The JORC resources of the deposit…
In January-March Magadan region mined 223.3 thousand tons of coal, up 1.8-fold YoY. Kolyma Coal Company LLC, developing the Verkhne-Arkagalinskoye deposits, has provided for 70% of the total volume. In 2017 Magadan region coal enterprises decreased mining by 16.7% YoY, to 330.9 thousand tons. (Ukrainian metal)
In January-March the enterprises of GeoProMining LLC – Sarylakh-Surma and Zvezda – produced 4.7 thousand tons of 30% antimony concentrate in the Republic of Sakha (Yakutia), down by 4% YoY. According to the regional ministry of industry, this year the republic intends to produce 22.45 thousand tons of antimony concentrate. Last year 20.4 thousand tons…