Turkey’s Tasyapi company and the State Committee of Uzbekistan for Geology and Mineral Resources have signed an agreement on the development of two gold deposits in the Samarkand region. In accordance with the agreement, the parties will organize joint exploration and development of the Galabulak and Kushtepa fields. During four months, the Turkish company will…
Prices of precious metals increased in Azerbaijan on October 29, according to the data published by the Central Bank. The price of gold grew by 2.125 manats, to 2,096.3295 manats per ounce on October 29 compared to the price on October 26. The price of silver went up by 0.0633 manats, to 24.9393 manats per…
Experts from the State Russian Museum proceeded with the implementation of the innovative education-and-exhibition project “Living Planet in Colors and Digits” in Petrozavodsk with the assistance of the companies Severstal and Power machines. The project events will be held at the Museum of Fine Arts of the Karelian Republic. The project is aimed at artistic…
The price of one ounce of gold increased by 6.6895 manats or by 0.32% last week in Azerbaijan, to 2091.8262 manats. Last week the price of one ounce of silver decreased by 0.0599 manats or by 0.24%, to 24.9485 manats. The price of one ounce of platinum dropped by 18.8275 manats or by 1.34%, to…
Deputy chairman on Samruk Kazyna Alik Aidarbayev and the governor of the Kyzylorda region Krymbek Kusherbayev have laid the first capsule of the mining and processing works at the Shalkiya deposits. The plant is expected to produce 4 million tons of ore per year. Preparation to the construction started in May 2016. The cost of…
A Memorandum of Understanding (MoU) has been signed between the Ministry of Ecology and Natural Resources of Azerbaijan and AzerGold CJSC. The MoU covers the expansion and optimization of cooperation within the framework of new parameters, support for scientific and technological development, contribution to the improvement of the legislative framework in the field of geological…
The resident of the South Yakutia territory of advanced development – the TFM-Yakutia company – has leased some machinery to another resident – Kolmar. This will help the company increase coal output by 1 million tons per year. Kolmar needs the special machinery to mine and transport coking coal, as well as carry out construction…
In January-August Kazakhstan exported 1.25 million tons of rolled steel and pipes to Russia, up by 6.8% YoY. Non-alloyed flat rolled metal accounts for some 90% of the exports, of which plate steel – 58% and coated rolled metal – 29%, all up by 9.3%, 10.2% and 0.2% YoY respectively. Steel pipe deliveries grew by…
