Russia: mine collapses in Kemerovo region

Rescuers have evacuated seven miners from the emergency section of the Karagailinskaya mine in the Prokopyevsky district of the Kemerovo region, where the rock collapsed, a representative of local emergency services reported. A total of 59 people were in the mine at the moment of collapse, including seven people on the emergency section. One miner…

Uzbekistan: gold reserves to grow

The government of Uzbekistan has drawn up a plan of prospecting works to increase gold reserves from 2020 to 2024 by 474 tons. According to the plan, the gold reserves have to increase due to the opening and the further development of new gold deposits. As of the end of 2019 the gold reserve has…

Russia: steel exports down in January 2019

In January Russia exported 3.355 million tons of ferrous metals, down by 1.1% YoY. According to the Federal Customs Service, steel semi-finished products accounted for 1.306 million tons, up by 9.3% YoY. Flat rolled metal exports dropped by 10.5%, to 0.652 million tons. In monetary terms ferrous exports decreased by 6.6%, to $1.567 billion, with…