Russia: Seligdar to increase gold output

By 2024 Seligdar intends to have increased gold output to 10 tons. According to the company development strategy, the first stage of 2018-2021 will see gold output increase to 8 tons. The second stage of 2022-2024 presupposes the commissioning of the Khvoyniy site in Yakutia with the capacity of over 2 tons of gold a…

Russia: Evraz continues selling slabs to US

Evraz still supplies slabs to the United States, despite the duty of 25%. According to the Evraz vice president on finances Nikolay Ivanov, “on one hand, the products sold to the US became more expensive, while on the other, because of the duty, as expected, domestic prices have grown“. “So we are still supplying slabs…

Ukraine: UGOK concentrate output up in June 2018

In June Yuzhniy Mining and Processing Works produced 1006 thousand tons of concentrate, up by 0.9% YoY. According to the company statement, sinter output dropped by 41.4%, to 88.1 thousand tons. In January-June UGOK decreased concentrate output by 0.4% YoY, to 6060.2 thousand tons, while sinter manufacture grew by 0.1%, to 894.6 thousand tons. (Ukrainian…