A rally was held in Bishkek against amendments to the Law on Trade Unions. The Chairman of the Mining and Metallurgical Union of Kyrgyzstan Eldar Tadzhibaev reported that the protesters asked for a meeting with the President Sooronbai Jeenbekov. Protesters want to make their proposals to the proposed amendments to the law. “The amendments proposed…
Gold-extracting companies can obtain a right to receive general license to export gold and silver ingots instead of one-time licenses. The amendments to the legislations have been prepared by the Ministry of Industry and Trade. The ministry believes the current system is slowing the exports down. Unlike general licenses, one-time ones are seriously limited: they…
The extraordinary meeting of Norilsk Nickel shareholders has set dividends for the first half of 2019 at 883.93 rubles per ordinary share (around $13.27). The total volume of funds to be spent on dividends will be 139.88 billion rubles ($2.1 billion). The date upon which the shareholders entitled to H1 dividends will be determined is…
In July Russia exported 10 thousand tons of ferrochromium, down by 18.5% MoM and by 0.6% YoY. Deliveries to China grew 3-fold, to 685 tons, and to the Netherlands – by 68%, to 7.3 thousand tons. Russia did not export to the USA in July, while in June its share was 32%. In 7 months…
In July Russia imported 111.3 tons of molybdenum ore, down by 62% MoM and by 54.8% YoY. Deliveries from the USA grew by 18%, to 47 tons, while from the Netherlands decreased from 128 tons to 64 tons. In 7 months imports totaled 1.8 thousand tons, down by 14.6% YoY. In monetary terms since the…
In August Mechel-Materials produced over 82 thousand tons of crushed stone and almost 44 thousand tons of mineral additives to concrete mixes, up almost 2-fold YoY. All the products were obtained as a result of metal manufacture wastes processing. Crushed stone output grew by 70%. In August the works processed over 126 thousand tons of…
Government of Kyrgyzstan has asked for two months to respond to the demands of activists on Jerooy deposit, civic activist Aibek Busurmankulov has reported. According to him, the organizers of the national assembly were received by the Prime Minister Mukhammedkaly Abylgaziev in Talas. “The head of the government has asked for two months. As you…
Miners in the western Georgian mining town of Tkibuli have stopped their protest as they have been promised to be paid their salaries, Georgian Minister of Economy Natia Turnava said after meeting with Saknakhshiri, a daughter company of Georgian Industrial Group (GIG) and miners. The company has a new Georgian investor, Steel Investment Trades Company,…
