In January-June, Ukraine produced 408 thousand tons of pipes, down by 29.4% YoY. Enterprises, incorporated in the Ukrtrubprom association, decreased output by 35.9%, to 272.1 thousand tons. In June, 75.4 thousand tons of pipes were produced, including 48.9 thousand tons by the association enterprises. Interpipe NTZ decreased output by 43.1%, to 77 thousand tons, Interpipe…
Gold production of Russia’s Polyus rose by 16% QoQ, to 690,400 ounces in April-June, the company said in a statement on July 16. Sales revenue grew by 33%, to $1.148 billion, while the average price stood at $1,723 per ounce. Net debt fell to $2.506 billion from $3.056 billion. (Prime/Ukrainian metal)
In 2020, Central Mining and Processing Works will invest over 790 million UAH in the modernization of its large mining machines. In spring the company received 3 BelAZ-75131 trucks. The machines have started operating at the Gleyevatskiy quarry. Now the company operates 33 large dump trucks with the lifting capacity of 130 tons. The first…