Magadan region, Gazprombank and RusHydro will help Pavlik construct the second stage of Pavlik Mining and Processing Works, which will increase ore processing to 10 million tons per year. At present the company capacity is around 4 million tons of ore (8 tons of gold) per year. When the second stage of the plant is…
A new machine to control the inner diameter of the casing pipes has been commissioned at the Seversk Pipe Works. The machine has been developed and produced by the company laboratory specialists. This is the third such machine at the pipe shop No. 1. They control the quality of all casing pipes produced at the…
In August the shop of steel formed section of Severstal-Metiz set another record having made 8,960 pressings with the pressure of 2 thousand tons. In particular, tool manufacture reached 1 thousand pieces. “In 2017 we carried out a large-scale reconstruction of press equipment and renewed our manufacturing park of the tool shop. This helped us…
In June Russia exported 25.7 tons of long-rolled nickel products, down by 3.3% MoM and by 38.5% YoY. Exports to Hungary are growing, reaching 14.3 tons in June, up 2-fold MoM. At the same time deliveries to Ukraine fell 2-fold, to 1.7 tons, and to Latvia – to 2.3 tons. In 6 months exports totaled…
Last week the price of one ounce of gold decreased by 11.4495 manats or by 0.4%. Accordingly, the average price of one ounce of gold stood at 2,603.1114 manats. The price of one ounce of silver increased by 0.2987 manats or by 0.9%, to 32.0191 manats. The price of one ounce of platinum went up…
In June Russia imported 486 tons of ferroniobium, up by 204% MoM and by 6.2% YoY. Deliveries from Brazil grew 3-fold, to 474 tons, and 12 tons were supplied from Canada. In H1 ferroniobium imports totaled 2 thousand tons, down by 15.4% YoY. In monetary terms since the start of the year the exports have…
In January-August Irkutsk region extracted 16,118 kg of gold, up by 1% YoY. Ore gold companies accounted for the most output – 9,437 kg, up by 1.7% YoY. In particular, Polyus Verninskoye produced 5,341 kg, while Vysochaishiy and its daughter company Ugakhan – 3,346 kg. Druze LLC extracted the least gold – 750 kg. Alluvial…
Chelyabinsk Iron and Steel Works and Mechel-Koks have switched to a special mode of operation to decrease pollution during unfavorable weather conditions. ChMK has shut down a part of its machinery, and decreased output in a number of shops, as well as considerably reduced the gas usage at the operating machinery. Mechel-Koks is also working…