Mikheyevsky Mining and Processing Works is celebrating the 5th anniversary of the manufacture of the first copper concentrate. The volume of the first batch was some 8 tons. In 5 years the enterprise has mined over 91 million tons of ore at the Mikheyevskoye deposit and produced more than 300 thousand tons of copper concentrate.…
In January Ukraine exported $234.668 million worth of iron ore, down by 2.4% YoY. Imports dropped by 0.4%, to $0.002 million. According to the State Fiscal Service, in January exports decreased by 6.4% MoM, and imports – by 84.6%. China was the largest importer of iron ore ($43.264 million). In 2018 Ukraine exported $2.869 billion…
In 2019, Italy will become a new export destination for Azerbaijan’s Ganja Aluminum Plant. Presently, almost all of the plant’s production is exported. “The company’s products are exported to a number of European countries and the former USSR countries, and in the coming months, exports to the Italian market will be arranged. In order to…
Russian metals and mining group Mechel may lose its Elga project already this year in order to pay debts after 2020, five sources close to parties of the possible deal reported. The sources named industrial corporation Rostec, Vostokugol of Dmitry Bosov and Alexander Isayev and Coalstar of Eduard Khudainatov among companies interested in the Elga…
“If we want to defeat corruption and bring order to the mining industry, it is necessary to adopt a law that forces all companies to disclose information about final beneficiaries – shareholders,” an expert Sheradil Baktygulov declared. He noted that a similar rule was applied in US and Canada. “According to the legislation of Kyrgyzstan,…
Last year Khabarovsk region yielded 24.8 tons of gold, up by 1652 kg YoY. This is also the best result for the region ever. Khabarovsk region is still the only region in Russia to develop tin ore deposits. In 2018 it mined 1.5 tons of tin. Silver output totaled 62.2 tons, and platinum – 228…
Following prospecting works in 2018, Kinross Gold has decided to extend the development of the Kupol gold deposit in Chukotka till 2023. Previously it was supposed to wrap up work at the deposit in 2022. The increase of reserves enabled the company to extend the work at the site. This year Kinross Gold will spend…
In 2018 Severstal Distribution increased metal sales by 31% YoY, to 2.3 million tons. Sales of Severstal Russian Steel rolled metal and construction pipes grew by 23%. Deliveries to Russia went up by 10%. (Ukrainian metal)