Russia: Ust-Kara profit up in 2019

In 2019, Priisk Ust-Kara, developing alluvial gold deposits in Zabaikalye region, increased net profit 2.7-fold, to 553.9 million rubles. Revenue grew from 1587.3 million rubles to 2546.1 million rubles. Sales profit increased 2-fold, to 685.9 million rubles. Last year the company extracted 863 kg of gold. This year the output is expected to remain at…

Ukraine: rolled metal consumption up in Q1 2020

In January-March, domestic companies received 918.7 thousand tons of rolled metal, including 255.7 thousand tons (27.8%) of imported metal. In Q1 2019, domestic market received 764.1 thousand tons of metal, including 297.1 thousand tons (38.9%) of imported metal. Thus, in Q1 metal consumption grew by 20.2%, while the import share dropped by 11.1%. (Ukrainian metal)