In January-August Russia exported 540 thousand tons of copper valued at $3551 million, up by 11.3% and by 27.9% YoY respectively. The volume of primary copper exceeded 80%. In August the average primary copper price was $5897 per ton, down by 9.4% YoY. Copper wire rod price was $6196 per ton, up by 4.3%. (Ukrainian…
In January-September Kuzbassrazrezugol mined 36.2 million tons of coal, up by 1.2% from the plan and by 1.2 million tons YoY, including 4.8 million tons of coking coal. 31.5 million tons of coal have been shipped to the customers, in particular, 22.3 million tons for exports. The local market received 9.1 million tons. Factories processed…
Artem Nazim, the ex-chief accountant of Dneprovsky Iron and Steel Combine, has been appointed to the same office at Dneprovsky Iron and Steel Works. Olga Zaremba, who has been the DMZ chief accountant for two months, has been relieved of her duties from October 21. Instead of Nazim, the chief accountant at DMK is now…
Ukraine has launched complaints at the World Trade Organization to challenge antidumping duties imposed by Armenia and Kyrgyzstan on certain types of Ukrainian steel pipes, documents published by the WTO showed. Ukraine said the two countries, both members of the Russia-dominated Eurasian Economic Union, should have phased out duties that were “higher than necessary, erroneous…
Polyus has started preparations for the preliminary estimation of the Sukhoy Log gold-ore deposit in Irkutsk region. The company intends to have received all the information by late 2018 and the estimation of reserves in 2020. In January 2017 the SL Zoloto LLC, a daughter company of Polyus, won the auction to develop the largest…
In January-September Sakhalin region mined 8.2 million tons of coal, up 1.5-fold YoY. Solntsevskiy Coal Pit LLC provided for the most yield – 5 million tons. The rest was mined by 9 other companies. In 2017 the region mined 7.6 million tons, up by 9.7% YoY, with 4 million tons contributed by Solntsevskiy Coal Pit.…
Highland Gold Mining Limited, the gold-extracting assets of which are situated in Khabarovsk and Zabaikalye regions, has presented the results for the third quarter and 9 months. In Q3 the Mnogovershinnoye, Belaya Gora and Novo-Shirokinskoye deposits yielded 4.4% more gold YoY – 74,826 ounces. In 9 months the output was 203,747 ounces of gold and…
OMZ-Spetsstal has commissioned a new coal injector for the LF-VD/VOD machine in the steel-smelting shop No. 8. The device will inject carbon-containing powder into metal during smelting at the LF-VD/VOD machine. Prior to the assembly of the coal injector, the carbon was added with the help of carbon-containing wire. The project will help the company…