Ukraine: SevGOK to digitize railroad transport

Railroad workers of the Severniy Mining and Processing Works intend to carry out a large-scale digitalization. In particular, the enterprise is installing two automated systems – the controller management and the railroad stations management. The automatization will help track the position of the trains, control the speed of locomotives and energy resources spending, as well…

Russia: Pavlik gold output up in 2019

In 2019 Pavlik gold-extracting company yielded 6.69 tons of gold, up by 2% YoY. In early 2020, the factory produced the 25th ton of gold since the start of the operation. In 2015 Pavlik produced 1.08 tons of gold, in 2016 – 3.83 tons and in 2017 – 6.54 tons. The company processing capacity is…

Russia: gold exports up in 2019

In 2019 gold exports grew 8-fold, to $5.7 billion, with almost everything shipped to the UK. In particular, the United Kingdom purchased $5.33 billion worth of gold, up 12-fold. UK accounted for 93% of all gold exports in 2019. Other 12 countries, including Kazakhstan and Switzerland, purchased $409 million worth of gold. (Ukrainian metal)