Production of gold at Makmal field in Jalal-Abad region has been suspended, the First Deputy Prime Minister of Kyrgyzstan Kubatbek Boronov declared. The press service of Kyrgyzaltyn OJSC confirmed the information. The gold recovery plant has suspended its work since September 1. The mineral resource base of the mine is completely depleted, so further work…
The metal of Rusal Armenal might return to the market of the United States. The Office of Foreign Access Control said that US citizens and their partners could make new contracts with Rusal, the owner of Armenal, and other companies of Oleg Deripaska from the sanctions list. But this applies only to companies that have…
The system of electronic trade OpenMarket has listed one of the oldest mines of the Central Donbass. The Yuzhnaya mine is a part of the state enterprise Toretskugol. It was founded in 1877. The mine is situated in the village of Yuzhnoye near the borders of the Toretsk city in Donetsk region. In 2014 because…
In January-August Kazakhstan mined 28.21 million tons of iron ore, up by 9.7% YoY. According to the Statistics committee of the Ministry of National Economy, copper ore output totaled 68.16 million tons, up by 4.6%, gold-bearing ore – 13.789 million tons, up by 6.8%, and chromium concentrate – 3.24 million tons (+6.2%). (Ukrainian metal)
Armenal, an Armenia-based foil-rolling plant of Russian aluminum giant UC RUSAL, has started reducing production and transferring staff to part-time employment, sources familiar with the situation reported The reason is declining demand for the facility’s products in light of the sanctions imposed by the U.S. in April against Russian businessman Oleg Desipaska and his companies…
Ukrgazodobycha has concluded a contract with the Heavy Weight Drilling Pipes and Kellies Works on the purchase of pipes valued at 117.15 million UAH. Until April 2019 the company has to supply 1226 heavy weight drilling pipes and kellies of its own production according to TU 26-12-775-90. The price was 3% below the expected cost…
Prices of precious metals increased in Azerbaijan on September 18, according to the data published by the Central Bank. The price of gold grew by 5.7205 manats, to 2,037.127 manats per ounce on September 18 compared to the price on September 17. The price of silver went up by 0.082 manats, to 24.0344 manats per…
The state enterprise Selidovugol has concluded 2 agreements with the Novogrodovskaya Mine 1-3 LLC for the purchase of goods and services valued at 161.35 million UAH. Until mid-2019 the company has to deliver a scraper valued at 83.42 million UAH and repair 103 sections of mechanized anchoring for 77.93 million UAH. The delivery of the…
