Board of Directors of Canadian gold mining company Centerra Gold Inc., the main shareholder of which is Kyrgyzaltyn OJSC, have approved of the decision to allocate $6 million for geological exploration at Kumtor mine. Additional investments in the amount of almost half a billion soms give a positive signal to the Kyrgyz economy that continued…
In May Russia exported 10.3 thousand tons of flat rolled aluminum, down by 10% MoM and by 6% YoY. In 5 months exports totaled 49.5 thousand tons, down by 0.6% YoY. In May deliveries to Germany dropped by 23%, to 30%. Finland accounts for 9.8% of the entire volume and US – 9.6%. In monetary…
In January-June Russia produced 25.6 million tons of pig iron, down by 1.4% YoY. Rolled metal output grew by 0.2%, to 30.8 million tons. Pipes, sections and fittings manufacture dropped by 1.2%, to 6.1 million tons. In June Russia decreased pig iron output by 3.1% YoY, but increased that of rolled metal and pipes –…
In May Russia imported 82.4 thousand tons of manganese ore and concentrate, down by 22.3% MoM and by 9.7% YoY. In 5 months imports dropped by 19.2%, to 389.8 thousand tons. Deliveries from the South Africa and Kazakhstan decreased by 25% and 28% respectively, to 51 and 13 thousand tons. In monetary terms since the…
In May Russia exported 2.5 thousand tons of titanium, up by 8% MoM and by 4.8% YoY. In 5 months exports totaled 11.5 thousand tons, up by 2.3% YoY. USA and Germany increased titanium imports from Russia by 18.5% and by 31% respectively. Deliveries to US accounted for 27.4% of the total exports, and to…
In May Russia imported 3.5 thousand tons of raw zinc, down by 22.6% MoM, but up by 370.1% YoY. Kazakhstan and Uzbekistan decreased deliveries by 27%, while Peru increased almost 2-fold. In 5 months imports grew by 295%, to 22.4 thousand tons. In monetary terms since the start of the year imports have increased by…
In May Russia exported 12.5 thousand tons of nickel matte to Finland, up by 26.2% MoM, but down by 25.1% YoY. In 5 months exports totaled 48.4 thousand tons, down by 36.5% YoY. In monetary terms exports since the start of the year have increased by 28.8%. Export prices in May dropped by 3%, to…
In May Russia imported 3.6 thousand tons of copper scrap and waste, down by 13.4% MoM, but up by 17.9% YoY. In 5 months imports totaled 15.5 thousand tons, up by 45.1% YoY. The main suppliers were Germany (958 tons, up by 40% MoM) and Kyrgyzstan (664 tons, down 2-fold). In monetary terms since the…