Russia: Daksib gold output down

As of October 1, the Daksib LLC alluvial gold output in Irkutsk region totaled 160.6 kg, down by 26.3% YoY. As of October 1, 2017 the company washed 217.9 kg of gold. Last year the output totaled 232.6 kg. This year the company intends to extract 265 kg of gold. Daksib owns 4 licenses in…

Russia: EZOTsM exports geography expands in 2018

In 2018 Yekaterinburg Non-Ferrous Metals Processing Works kept on expanding its geography of exports. This year the company has entered the new markets in Europe and Southeastern Asia, having started deliveries to Spain (products for medicine industry) and Thailand (standard silver samples). Thus, the EZOTsM exports geography has expanded to 33 countries. In 2015 the…

Russia: Elgaugol buys new weighing machinery

Elgaugol LLC has commissioned a weighing control unit.

The unit is used to weigh loaded trucks.

The premises of the weighing unit are fully automated: all the information is shown on the screen and is then saved.

The new unit will improve the speed and the precision of the truck weighing. (Ukrainian metal)

Ukraine: SevGOK sees major accident

Two locomotives collided at the Annovsky quarry of the Severniy Mining and Processing Works.

The accident resulted in 3 dead and 1 wounded.

All of them were SevGOK employees.

The Annovsky quarry output is 10 million tons of ore per year. (Ukrainian metal)

Russia: RHI Magnesita to build plant in Krasnoyarsk region

Austria’s RHI Magnesita may invest 250-300 million euros in a magnesite field and construction of an electro-cast magnesium plant in Russia’s Krasnoyarsk region, the region’s government said in a statement on October 16 following a meeting of the governor Alexander Uss with representatives of the Austrian company. “RHI Magnesita is considering investing about 250-300 million…

Azerbaijan: aluminum production to grow

Azerbaijan Industrial Corporation (AIC) OJSC is preparing a strategy to expand aluminum production, the general director of the AIC Kamran Nabizade declared. “Presently, the Ganja aluminum plant, which is on our balance sheet, produces 50,000-55,000 tons of aluminum products annually, mainly aluminum ingots and sheets. A new strategy is being prepared to increase the range…

Russia: Polyus gold output up in Q3 2018

The gold production of Russia’s Polyus increased by 15% QoQ, to 691,200 ounces in July-September, the company said in a statement on October 16.

In January-September the output rose by 14% YoY, to 1.8 million ounces.

Sales amounted to $2.112 billion at the average price of $1.275 per ounce. (Prime/Ukrainian metal)

Russia: Evraz ZSMK steel sales down in September 2018

In September Evraz ZSMK sold 323 thousand tons of metal, down by 39% YoY.

According to the railroad statistics, in 9 months sales grew by 4.1% YoY, to 4.78 million tons.

Deliveries to Russian customers reached 1.47 million tons, down by 6.2% YoY, while exports grew by 9.4%, to 3.31 million tons. (Ukrainian metal)

Russia: CherMK railroad sales down in September 2018

In September Cherepovets Iron and Steel Works sales totaled 520.7 thousand tons, down by 2.7% YoY.

According to the customs statistics, in January-September sales reached 5.97 million tons, up by 4.6% YoY.

Deliveries to Russian customers dropped by 0.5% YoY, to 4.1 million tons, while exports grew by 17.8%, to 1.87 million tons. (Ukrainian metal)

Russia: Izhstal output up in January-September 2018

In January-September Izhstal produced 328 thousand tons of metal, up by 3% YoY.

The largest increase was in the manufacture of bars and steel sections – 9% and 19% respectively.

Deliveries to machine-building companies grew by 23%, and they accounted for 25% of all sales.

The share of car manufacturers was 17%. (Ukrainian metal)

Russia: gold output in Khabarovsk region up in January-September 2018

In January-September Khabarovsk region extracted 19176 kg of gold, up by 8.4% YoY.

Alluvial gold accounted for 3907 kg and ore gold – 15268 kg, up by 2.8% and by 9.9% respectively.

Silver output dropped by 4.8%, to 44.687 tons. (Ukrainian metal)