In January-March Ukraine increased metal structures manufacture by 2.3% YoY, to 44 thousand tons. Local consumption remained unchanged – some 42 thousand tons. Export in Q1 dropped by 19%, to 1.7 thousand tons. EU accounts for the main share of exports – over 60%. Metal structures imports in Q1 fell by 52%, to 0.3 thousand…
Olkon has finished assembling an EKG-15 excavator, the largest in its history. The machine will operate at the Komsomolsky quarry. The excavator weighs some 700 tons. It can fill a 136-ton dump truck with rock in just 4-5 ladles. Another machine will be received at the plant until the end of the year, and the…
In May Dneprospetsstal decreased steel output by 11% MoM, to 18.4 thousand tons. Rolled metal manufacture grew by 5.4%, to 13.7 thousand tons. In January-May steel output dropped by 15.5% YoY, to 90.8 thousand tons, and rolled metal – by 14.1%, to 61.5 thousand tons. (Ukrainian metal)
Russian gold producer Nordgold has signed an option deal with Alicanto Minerals Ltd for a preemptive right for a buyback of the Arakaka gold ore mining project in Guyana, the company said in a statement on June 19. Under the agreement, Nordgold gets an option to buy 100% in Arakaka in exchange for $3 million…
In January-May Kazakhstan’s production of raw gold and semi-processed gold, or in powder form, increased by 7.8% YoY, to 39,607 kg. In the reporting period the production of raw silver and semi-processed silver, or in powder form, equaled 400,235 kg, down by 2.5%. Besides, 676,942 tons (-8%) of untreated aluminum, aluminum oxide, 56,031 tons (-12.4%)…
With the commission of new steel structure capacities, Uralelectromed will increase its output to 4.5 thousand tons. Last year the company produced 3 thousand tons of metal structures. The company also plans to master the manufacture of grating. (Ukrainian metal)
Until 2024 thanks to prospecting works Seligdar intends to increase its ore gold reserves by 100 tons. This year the increase is expected to reach 26 tons. As of January 1, the company balance reserves amounted to 115 tons of gold, up from 106 tons as of January 1, 2018. Seligdar comprises 13 enterprises in…
This year Uralelectromed intends to produce some 400 thousand tons of cathode copper, on par with the previous year. Copper wire rod manufacture is also expected to remain unchanged – 170 thousand tons. Copper consumption is growing, so the company is carrying out investment projects to increase capacities. In particular, at present UEM is constructing…