Evraz NTMK has chosen suppliers of the main machinery for the modernization of its blast furnace No. 6. Investments in the project total $150 million. The main machinery will be supplied by Paul Wurth S.A. Electric equipment will be supplied by Primetals Technologies. “The modernization of the blast furnace No. 6 will allow us producing…
On February 22 Pravourminskoye LLC was accepting offers for its BO-01 bonds valued at 3 billion rubles. The placement of 10-year bonds is scheduled for February 27. The maturity date is March 31, 2028. The value of each bond is 1 thousand rubles. In December 2012 the company placed 7-year bonds valued at 3 billion…
Yuzhniy Kuzbass has mined 50 million tons of coal since it put the Olzherasskiy pit into operation. The coal extraction at the pit started in September 1980. Its reserves are estimated at 72 million tons. At present the company is developing two sites – Berezovskiy and Berezovskiy-2. (Ukrainian metal)
This year the Novaya extracting team, which develops deposits in Yakutia, intends to extract 150 of gold. Last year the yield was 224 kg, up by 4 kg from the target. In 2019 the company will be developing two sites – Nizhnyaya Amunakta and Tangrak. In 2017 the team extracted 382.6 kg of gold. (Ukrainian…
Chelyabinsk Iron and Steel Works has successfully passed the audit by Rosatom and has been included in the database of stainless sheet suppliers. The auditors inspected the technological line of the rolled stainless steel manufacture: from raw materials preparation to ready-made products shipping. “Last year we were selling stainless steel for the manufacture of tanks…
The prices of precious metals decreased on February 22. The price of gold dropped by 26.6645 manats, to 2,251.854 manats per ounce compared to the price on February 21. The price of silver fell by 0.3681 manats, to 26.9017 manats per ounce. The price of platinum went down by 1.1475 manats, to 1,404.659 manats, and…
In 2018 Russia produced 314.42 tons of gold and 1119.5 tons of silver, up by 4.2% and by 7.2% YoY respectively. Most of the gold produced is purchased by the Central bank. Last year it bought 8.8 million ounces of gold (273.7 tons). (Ukrainian metal)
Since the start of the year and as of February 18, the largest coal miner in Sakhalin – Solntsevsky Coal Pit LLC has extracted 900 thousand tons of coal. The enterprise is operating at the Solntsevskoye deposit. Extraction is carried out at two sites – Yuzhniy-1 and Yuzhniy-2. This year the company intends to mine…