Russia: Olbot to extract 100 kg of gold

During the current washing season the Olbot gold-extracting team LLC intends to extract at least 100 kg of gold. The company is washing for gold on the territory of Susuman district of Magadan region in the valleys of the Bolshoy Khatynakh and Sabygyl-Stanovoy brooks. Olbot started its washing season in May. This year the gold…

Russia: Kolmar to supply coking coal to India

Kolmar could start regular sales of coking coal to India in summer 2020. “We have signed spot contracts with Indian partners. The sales could start in the first quarter of 2020 with the launch of the Vanino port. I believe, next year the exports will become regularly”, Kolmar Group board of directors’ chairwoman Anna Tsivileva…

Russia: coal output at Buryatia up in January-July 2019

In January-July the Republic of Buryatia extracted 4.456 million tons of coal, up by 29% YoY.

Razrez Tugnuisky contributed the most coal – 2.836 million tons, up by 58%.

This year the republic intends to extract 6.2 million tons of coal. (Ukrainian metal)

Russia: Posco Deawoo visits Amurstal

Amurstal hosted a meeting with the delegation of Posco Deawoo. In 2018 a contract was signed for the delivery of 300 thousand tons of steel billets. “The Torex group of companies is selling the billets via two major companies – Samsung and Posco Deawoo. With them we have contracts. In the past two years Amurstal…