In January-September, Ingulets Mining and Processing Works increased iron ore concentrate output by 8.8% YoY, to 9.75 million tons. In September, the enterprise produced 1.02 million tons of concentrate, up by 5.9%. (Ukrainian metal)
In July-September, Pokrovskoye Mine Group, the largest producer of coking coal in Ukraine, decreased output by 30.1% QoQ and by 17.3% YoY, to 1.21 million tons. Since July, monthly dynamics has been negative. Thus, in July, Pokrovskoye decreased output by 4.7% YoY, to 461.2 thousand tons, in August – by 17%, to 371.2 thousand tons,…
In January-August, Russia produced 215.07 tons of gold, up by 0.22% YoY. The output of extracted gold dropped by 1%, to 182.62 tons, and auxiliary gold – by 6%, to 10.61 tons, while that of secondary gold grew by 14%, to 21.84 tons. In August, gold production totaled 41.08 tons, up by 7% YoY, with…
The state enterprise Selidovugol has ordered Stencil Capital LLC the delivery of rescuing equipment valued at 34.75 million UAH. This year, the company has to supply 1700 mine insulating self-rescuers for 50 minutes of protection produced by Dezega SP, Turkey at 10.555 thousand UAH apiece. This is a new price set in August. Previously it…
A new steel plant will be built in Georgia until 2023 within the “Produce in Georgia” state program, the government press office has reported. About 3,819,664 GEL ($1,216,453) will be invested to construct the new steel plant. Prime Minister Irakli Garibashvili said about 50 people would be employed at the plant. The state will give…
Interpipe Ukraine LLC has auctioned 6 units of railroad machinery with the combined cost of 4.3 million UAH in the SmartTender system. In particular, the company intends to sell 4 locomotives and 2 railroad cranes. Interpipe accepts offers until November 12. The machines will be shipped until March 31, 2022. (Ukrainian metal)
From October 1, ArcelorMittal Kriviy Rih is increasing wages by 10%. The decision was taken at the staff conference on October 22. Some employees will see their salary increase by 30%. Moreover, in December the so-called 14th salary will be paid in the amount of 50%. (Ukrainian metal)
PolyMetall LLC from St. Petersburg has become the winner of the auction to develop a deposit on the Munchan Brook in Magadan region. 5 companies competed for the deposit with the reserves of 21 kg of gold. The final bid was 2.04 million rubles, up by 20% from the initial price. (Ukrainian metal)