The volume of Azerbaijan’s revenue from exporting gold to the world market increased by 21.8% during the first half of 2020. The value of gold exported in the first half of 2020 amounted to $85.7 million. Azerbaijan exported 2,147 kg of gold to the world markets during the reporting period. The volume of total export…
Mariupol Ilyich Iron and Steel Works is finishing reconstruction of the gas-purifying equipment in the mixing department of the converter shop. Dust content in gas will decrease almost 4-fold. The reconstruction lasted for over a year. Investments in the project amounted to 150 million UAH. (Ukrainian metal)
Severniy Mining and Processing Works has invested 13 million UAH in the modernization of its Lurgi 278-A pelletizing machine. In order to decrease air pollution, the company has replaced three outdated cyclones. During a year thanks to washing air with water, the machine allays up to 29 thousand tons of dust. Moreover, SevGOk has replaced…
In January-June, Silver Bear Resources produced 1.034 million ounces of silver, up by 81% YoY. The company is developing silver deposits within the Mangaseia project in Yakutia. SBR started operating there last autumn. In May, the company was able to increase efficiency. In particular, ore processing grew by 21.5%, to 54.9 thousand tons with the…
In January-July, the capacity of the domestic market totaled 2539.4 thousand tons of rolled metal, including 644.4 thousand tons (25.4%) of imported metal. In 7 months of 2019, the capacity of the market was 2308.7 thousand tons, including 826.7 thousand tons (35.8%) of imported metal. Thus, capacity increased by 10%, while the share of import…
In August, Poltava Mining and Processing Works produced the 500-millionth ton of iron ore concentrate. “The first ton was produced in 1970, and in 50 years of successful operation, PGOK has manufactured 500 million tons”, the company chairman Victor Lotous said. Since the late 1990s, PGOK as implemented over 10 important projects valued at $50…
Since the start of the washing season, Chay-Urya zoloto LLC, a part of Susumanzoloto, has extracted 620 kg of gold at the alluvial sites in Magadan region. This year the company is developing two sites in the valley of the Berelekh and Kvartseviy brooks. The washing season will last till October 10. Until then the…
In January-July, Mariupol Ilyich Iron and Steel Works increased rolled metal manufacture by 3% YoY, to 2.01 million tons. Steel output grew by 5%, to 2.26 million tons, pig iron – by 3.5%, to 2.69 million tons, and sinter – by 10%, to 7.01 million tons. In July, the company produced 360 thousand tons of…