Chaarat Gold Holdings Ltd intends to put the Charaat project into operation in two stages, with the first gold to be obtained in 2020. The first stage presupposes the development of the Tulkubash quarry with the output of 100 thousand ounces of gold per year. Gold reserves at the deposits are estimated at 1.05 million…
The integrated chemical and metallurgical complex to produce titanium dioxide, rare and rare earth metals will be created on the basis of the Afrikandskoye deposits in Murmansk region. Investments might total 14 billion rubles. Some 2.5 thousand jobs might be created. When the project reaches full capacity, it could produce 75 thousand tons of titanium…
In January-March Chukotka yielded 5.323 tons of gold, down by 5% YoY. Silver output totaled 27.5 tons. Chukotka Mining and Geological Company, a part of Kinross Gold, was the leader in gold mining, having obtained 2.408 tons, up by 86.9 kg YoY. Silver output reached 24.586 tons. Rudnik Karalveyem (Auramine Resources) mined 403.8 kg of…
Chelyabinsk Zinc Works has completed the tests of obtaining indium of high purity (99.9999%). This has become possible thanks to the company-developed manufacturing technique, as well as implementation and commissioning of the vacuum inductive smelting machine. Indium consumption in the world has been quickly growing lately. Some 70% of the total indium output is used…
Severstal – Balakovo Bar Works has set another record of the average ladle steel smelting resistance. The record of 171 smeltings (with average being 128) was set in Q1. The new record has exceeded the previous of 121 smeltings, which was one of the best results for mini-mills. (Ukrainian metal)
Interpipe has won two tenders for the delivery of railroad wheels valued at 295.25 million UAH (with VAT) to the state enterprise Ukrzaliznytsia. According to the auction documents, there were two lots of 7.314 thousand and 9.394 thousand wheels. The wheels have to be delivered by the end of the year. Last year Interpipe increased…
In March Oskol Electrometallurgical Works decreased railroad sales by 6.5% YoY, to 247.8 thousand tons. In three months sales dropped by 3.2% YoY, to 782.1 thousand tons, with sales to domestic customers down by 42.4%, to 133.6 thousand tons, while exports up by 12.6%, to 648.5 thousand tons. Earlier the works has completed the modernization…
The state enterprise Selidovugol has ordered the delivery of pumps, lubricants and mining tools valued at 34.64 million UAH. In particular, the Sumy Works “Energomash” will supply 77 pumps of 27 types with the combined cost of 14.5 million UAH. 25125 mining tools of 10 varieties valued at 15.34 million UAH will be delivered by…