Thanks to the attack of an unmanned aerial vehicle, a fuel tank was blown up on the territory of Mikhailovskiy Mining and Processing Works in Kursk region. There were no casualties. MGOK named after Varichev is one of the largest iron ore extractor and processor in Russia. The enterprise is owned by Metalloinvest belonging to…
Kumtor Gold Company in Kyrgyzstan produced 15.567 tons of gold in 2023. According to the company, it sold 15.577 tons of gold last year. Kumtor Gold Company’s revenue from production activities in 2023 amounted to $849 million, surpassing the planned revenue of $734.2 million. The net profit reached $302.4 million, exceeding the planned $194 million.…
Following the drop in prices on global markets, Ukraine should also expect the decrease in ferrous scrap prices within weeks, economist Oleksiy Kusch has said. “Global prices for scrap have been falling since late January, by $3-5 per ton every 4 days. Thus, while on February 1 the price was $422 per ton, now it…