Precious metal prices decreased in Azerbaijan on March 29. The price of gold dropped by 36.805 manats, to 2,191.5465 manats per ounce compared to the price on March 28. The price of silver fell by 0.493 manats, to 25.5311 manats per ounce. The price of platinum went down by 18.7765 manats, to 1,437.078 manats, and…
Main shareholder of the Central Asian Uranium Company LLC and a representative of the Russian Federation, Vladimir Popov, said when Kara-Balta Mining Plant (KBMP) would start working and how Russian investments would help the mining sector of Kyrgyzstan. – An agreement between the Central Asian Uranium Company LLC (Russia) and Kara-Balta Mining Plant OJSC (KBMP…
Residents of Ton district in Issyk-Kul region demand to stop exploration of Tash-Bulak uranium deposit, local activist Akzholtoi Tukunov reported. According to him, the villagers have met with representatives of the government and local executive authorities. “They, of course, assure that the development of uranium will not harm neither the environment nor the people, but…
Head of the Verkhovna Rada committee on industrial policy and entrepreneurship Viktor Halasiuk has appealed to the Ukrainian Prime Minister, the SBU Security Service of Ukraine and the National Security and Defense Council (NSDC) to keep recently lifted sanctions from the Moldova Iron and Steel Works (MMZ) located in the unrecognized Transnistria and owned by…
Brazil, China, Japan, Canada, USA and Austria, as well as domestic companies with foreign investments are interested in mining lithium, cobalt, nickel and manganese ore in Ukraine. “This mining is not really high in Ukraine, but EU has become interested in Ukraine, as there is a problem of supplies of important raw materials”, the State…
The quota for the delivery of metal to EU countries will be in effect for 95 days. As of March 27, Ukraine has fulfilled 93.66% of the hot-rolled flat metal quota (1.2 million tons delivered), 51% of cold-rolled flat metal (52.1 thousand tons), plates – 25.93% (88 thousand tons), rebars – 60.29% (37.7 thousand tons),…
In 2018 Priisk Solovievsky, extracting gold in Amur and Zabaikalye regions, received 8.454 billion rubles of revenue, up by 28% YoY. Net profit grew by 15%, to 2.462 billion rubles. The improvement of financial indexes has to do with the growth of sales profit. Thus, while in 2017 the company sold 6.544 billion worth of…
Karabashmed is finishing a large-scale modernization of the converter site at the metallurgical shop. The last of the three Kumera converters has been assembled. All the work is expected to be finished in Q2. At the same time in the sulfuric acid shop the company is assembling 4 new moist electric filters. (Ukrainian metal)