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Yearly Archives: 2019

Russia: Magadan region coal output down in January-October 2019

coalBy admin25.11.2019Leave a comment

In January-October Magadan region extracted 314.1 thousand tons of coal, down by 4.3% YoY. Three companies are extracting coal in the region – Kolyma Coal Company LLC, Association of Business Cooperation LLC and North-Eastern Coal Company LLC. This year the region has to extract not less than 360 thousand tons of coal, down by 10.3%…

Russia: aluminum scrap imports down in September 2019

aluminumBy admin25.11.2019Leave a comment

In September Russia imported 1.6 thousand tons of aluminum scrap and waste, down by 32% MoM, but up by 47% YoY. Deliveries from Kazakhstan dropped by 36%, to 912 tons. Imports from USA fell from 410 to 251 tons. In 9 months imports totaled 20.3 thousand tons, down by 26% YoY. In monetary terms since…

Russia: raw chrome exports down in September 2019

chromiumBy admin25.11.2019Leave a comment

In September Russia exported 1.3 thousand tons of raw chrome, down by 27% MoM, but up by 23% YoY. Deliveries to US grew 2.5-fold, to 332 tons, but to the Netherlands fell by 44%, to 800 tons. In 9 months exports totaled 14 thousand tons, down by 3.5% YoY. In monetary terms since the start…

Azerbaijan: precious metals market on November 18-22, 2019

precious metalsBy admin25.11.2019Leave a comment

Last week the price of one ounce of gold increased by over 5.1 manats ($3) or by 0.5%. The average price of one ounce of gold stood at 2,498 manats ($1,469). The price of one ounce of silver grew by 0.2462 manats ($0.14) or by 0.85%, to 29 manats ($17). The price of one ounce…

Russia: Orsu Metals to make another estimation of Sergeyevskoye deposit reserves

gold, silverBy admin25.11.2019Leave a comment

Orsu Metals Corporation intends to carry out another estimation of the Sergeyevskoye gold deposit reserves in Zabaikalye region. The company has discovered new sources at the Koziy Severniy, Pik Klyuchi and Sergeyev sites. The operation at the deposit began in July. 13 shafts have been drilled with the combined length of 3,555 meters. The average…

Russia: SUEK to mine 5 million tons of coal in 2020

SUEKBy admin25.11.2019Leave a comment

In 2020 Razrez Tugnuiskiy, a part of SUEK, intends to mine 5.2 million tons of coal at the Nikolskoye coal deposit in the Republic of Buryatia. Until the end of the year 4.645 million tons of coal will be shipped. As of late October the pit has extracted 3.645 million tons of coal, up by…

Russia: Seligdar exceeds annual gold output target

gold, SeligdarBy admin25.11.2019Leave a comment

Seligdar has exceeded its annual gold output target in advance. As of November 22 the group enterprises have extracted 6.064 tons of gold. The Poisk miners team has exceeded its annual target by 180 tons, Ryabinoviy Mining Works – by 750 kg and Mezhsopochniy site – by 336 kg. Last year Seligdar extracted 6.056 kg…

Russia: Klyuchevsky Ferroalloys Works produces 555 thousand tons of metallic chrome

Klyuchevsky Ferroalloys WorksBy admin25.11.2019Leave a comment

Klyuchevsky Ferroalloys Works has produced 555 thousand tons of metallic chrome. The event happened around the company 78th anniversary. On November 22, 1941 the works made the first trial batch. The 500-thousandth ton was produced in May 2012. In the next 7 and half years the company has manufactured 55 thousand tons of chrome. Since…

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