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Daily Archives: 01.02.2021

Azerbaijan: precious metals market on January 25-29, 2021

precious metalsBy admin01.02.2021Leave a comment

An ounce of gold in Azerbaijan decreased in price by 20.72 manats (0.7%) last week. The average price of one ounce of gold amounted to 3,142.56 manats, down by 0.09% compared to the previous week. The price of an ounce of silver increased by 0.9117 manats (2.1%). The average price of one ounce of silver…

Russia: Magadan region to increase gold output in 2021

goldBy admin01.02.2021Leave a comment

This year, Magadan region intends to increased gold output by 1.8% YoY, to 50 tons. Last year, the main volume of gold accounted for ore gold (30.36 tons). At present the target for the region is 48 tons, but the increase is envisaged, in particular, with the growth of output at the Shturmovskiy mine of…

Ukraine: energy saving helps Azovstal save $15 billion

Azovstal Iron and Steel WorksBy admin01.02.2021Leave a comment

In 2020, due to the energy saving measures, Azovstal was able to save 1.3 million cubic meters of gas, 78 thousand tons of coke and 101.5 million kW-h of electricity. The combined effect reached $15.2 million. In particular, the company increased the usage of pulverized coal in blast furnace manufacture. The company also continued implementing…

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