Employees of the Novovolynskaya Mine No. 9 have been striking for 10 days already because of the wage debts. Now they have made a strike near the Volynugol administration premises demanding the CEO to be fired. “In addition to the clearing of the salary debts they also insist on firing the acting CEO of the…
Russian gold producer Polyus has retained its gold output forecast for 2018 unchanged, CEO Pavel Grachyov declared. “Yes, I can confirm our forecast. We are approaching the upper limit of a 2.375-2.425 million ounces range in a comfortable manner. The plan for 2019 is 2.8 million ounces,” he said. The Natalka gold mine continues to…
Artyom Filipyev has been appointed General Legal Counsel of PJSC ArcelorMittal Kriviy Rih. He will be responsible for enforceability of PJSC ArcelorMittal Kriviy Rih within laws of Ukraine, protection of interests of the company in economy, land and property. Prior to new appointment, Artyom Filipyev worked on the position of the Legal Director, PrJSC Consumers-Sklo-Zorya…
Mining and processing works of Ukraine now stock 700 thousand tons of iron ore raw materials with the norm of 150 thousand tons due to the difficulties with shipping via railroad. In August the companies undersupplied $100 million worth of products. “In September the goal will not be reached, thus, the companies will have to…
Nordgold has put into operation a new mine – Gross – in Yakutia. Investments in the mine are estimated at $250 million. When the mine reaches its design capacity it will be extracting some 12 million tons of ore and producing 200 thousand ounces of gold per year for 17 years. (Ukrainian metal)
In June-August direct deliveries of rolled steel to the major metal servicing centers specializing in the manufacture of metal structures, totaled 594.5 thousand tons. According to the railroad statistics, this is up by 2.8% YoY. At the same time deliveries dropped by 5%, but grew by 20% and by 3% as compared with 2014, 2015…
In August direct deliveries of metal to the major enterprises of the oil and gas complex of Russia and to the construction sites of new oil and gas projects totaled 336.2 thousand tons. According to the railroad statistics, this is down by 21.2% YoY. In January-August deliveries reached 2.84 million tons, down by 12.1% YoY.…
In June-August steel deliveries to major metal traders totaled 2.71 million tons. According to railroad statistics, this is up by 6.1% YoY. At the same time deliveries grew by 24%, 14% and 2.6% compared with 2014, 2015 and 2016 respectively. (Ukrainian metal)