In January-September the Belebey Works Avtonormal received 51.7 million rubles of net profit, up 9-fold YoY. The company is mastering manufacture of new production techniques as well as applying protective coating and developing new fastener structures. Revenue dropped by 2.4%. (Ukrainian metal)
In January-September Nordgold extracted 759.6 thousand ounces of gold, up by 12% YoY. The increase is mostly due to the commission of the Gross mine last year, which has extracted 191.9 thousand ounces, as well as the output growth at the Berezitoviy mine by 8%, to 44.3 thousand ounces. At the same time, the Bissa…
The Vostochnaya GRE Group of Companies has finished the season having extracted 520 kg of alluvial gold, up by 27% YoY. The extraction was carried out by two daughter companies – Korolevskoye LLC and Yablonevoye LLC. This year they were operating at two sites. The season started in mid-May. The group reserves are estimated at…
Azovstal Iron and Steel Works has finished the scheduled repair of the rolling mill-3600. The repair lasted for 10 days. The work has been carried out by Metinvest-Promservice and subcontracting companies. The cost of the repair was 100 million UAH. Now the company intends to repair the continuous casting machine No. 5 in the converter…
