In 2018 Interpipe resumed exports of welded pipes to the American market after a long break. The orders portfolio for 2018-2019 totals some 10 thousand tons. The specialists of the daughter company North American Interpipe were able to resume cooperation with major distributors of welded pipes. Previously they purchased only seamless pipes. Contracts have been…
In 2018 the Republic of Buryatia mined 5246.4 kg of gold, down by 7.5% YoY. The output volumes are gradually decreasing. In 2017 gold output was 5680 kg, in 2016 – 5891 kg and in 2015 – 6447 kg. Ore gold mining dropped by 19.3%, to 3245.1 kg. At the same time alluvial gold output…
PJSC Magnitogorsk Iron and Steel Works (MMK) has launched a public tender on its online-trading platform to choose a project designer to create a sketch, design and working plan for a museum and educational complex, park area and sports cluster in the city of Magnitogorsk. The announced tender is held in the framework of Attraction,…
The gold output of the Russian precious metals producer Polymetal International increased by 13%, to 1.216 million ounces in 2018, the company said in a statement on January 31. Silver production decreased by 6%, to 25.3 million ounces. The company’s total output in gold equivalent grew by 9% YoY, to 1.562 million ounces in the…
This year TBEA (China) intends to start developing the gold mine Verkhiy Kumarg. The right to develop the deposit was granted to the company so that it returned investments in the construction of a heat and power plant in Dushanbe. The total cost of construction was $349 million, of which $17.4 million was the investment…
In 2018 Kuzbassrazrezugol mined 48.4 million tons of coal, up by 1.2 million tons YoY, including almost 6.4 million tons of coking coal. 42.8 million tons were sold, with 30 million tons exported. Factories processed 41.8 million tons of coal. This year Kuzbassrazrezugol intends to increase coal mining by 2 million tons and exceed the…
In 2018 Vysochaishiy mined the record volume of gold – 304.3 thousand ounces, up by 36% YoY. New objects, commissioned last year, improved the output results, in particular, Taryn in the Republic of Sakha and Ugakhan in Irkutsk region. They yielded 55 thousand ounces and 56.9 thousand ounces respectively. Another gold-mining record was set at…
Last year copper ore mining reached 103.2 million tons, up by 8.2% YoY. Copper concentrate output grew by 15.7%, to 12.9 million tons, and copper in copper concentrate – by 15.5%, to 580.6 thousand tons. At the same time copper-zinc ores mining dropped by 4.2%, to 4.8 million tons. (Ukrainian metal)