On October 1 after a major overhaul the concentrate factory of the quarry No. 4 resumed operation at Irshansk Mining and Processing Works. New Mineral Technologies (Australia) equipment has been installed at the factory – 8 models of various MG-6 spiral separators (68 pieces) and 24 pieces of HG-10. This will allow increasing ilmenite extraction…
In September ArcelorMittal Kriviy Rih received the most VAT – 1.154 billion UAH, up 2-fold MoM (633.737 million UAH). According to the State Treasury Service, the other four largest VAT receivers are Zaporizhstal (864.27 million UAH as opposed to 467.64 million UAH in August), Mariupol Iliych Iron and Steel Works (476.712 million UAH and 678.07…
In January-September Uskovskaya mine extracted 2 million tons of coal, including 1.7 million tons from the long face 50-20, and the rest from the face 50-22. When the face 50-22 is developed, the miners will turn to the long face 52-04. Next year the long face 48-8 will be commissioned. This is the fourth mine…
Uralelectromed has produced elevator parts to transport people and rock into the mine. The order came from miners developing the Korbalikhinskoye deposit in Altai region. The parts are made of angles with the length of 12 meters and the size of 200×200 mm. So far UEM has produced three batches of parts. Until December the…
The physical volume of deals with gold on the Moscow Exchange fell by about 60% YoY, to 11.64 tons in January-September, the exchange said in a statement. Deals with silver more than doubled to 7.334 tons. In monetary terms, gold and silver deals amounted to 29.6 billion rubles, down from 76.1 billion rubles in the…
Nikopol Ferroalloy Plant has sued Privatbank demanding 22 million UAH, which have been paid by the company to the National Bank of Ukraine for the amicable agreement. The funds are Privatbank’s debts on refinancing. As the bank previously belonged to Igor Kolomoysky and Gennadiy Bogolyubov, the enterprises, affiliated with it, acted as bails. When the…
In July Russia exported 254.7 tons of tungsten ore and concentrate, down by 17.8% MoM, but up by 146.7% YoY. Deliveries to Austria remained unchanged at 60 tons, but to Korea dropped by 32%, to 126 tons. In 7 months exports totaled 1.2 thousand tons, up by 79.5% YoY. In monetary terms since the start…
Evraz KGOK has put a new NP-1 locomotive in operation. Until the end of the year another similar locomotive will be commissioned. The machines will be used both at the operating quarries and in the development of the new Sobstvenno-Kachkanarsky deposit of titanium-magnetite ores. The locomotive with two engine dump-cars can drag 11 loaded dump-cars…