In January-May Chukotka Autonomous District mined 256.8 thousand tons of coal, up by 23.15% YoY. Beringpromugol LLC made the largest contribution. In 5 months the company shipped 205.78 thousand tons of coal, up by 69.4% YoY. (Ukrainian metal)
The gold-extracting enterprise Neryungri-Metallik has opened a new ore gold deposit – Vysokoye in the south of the Republic of Sakha (Yakutia). This is the third deposit of ore gold opened by the enterprise. The reserves are estimated at 2 tons of gold with the average contents of 1.3 g per ton. The size of…
In January-May Chukotka Autonomous District yielded 9.813 tons of gold, down by 5.8% YoY. At present, because of the weather conditions only ore gold is extracted in the region. Silver output dropped by 14.6%, to 49.117 tons. In January-April the leader in precious metals mining was the Chukotka Mining and Geological Company. At its Kupol…
Ruspolymet has started the project on the manufacture of metal powder and granules. The project will partially solve the problem of dependence on import deliveries. The new site will have 3 machines, including a mill to produce speed and tool steel of powder and granules. The commissioning of the line will provide some 3 tons…
Thanks to the energy bridge the so-called Lugansk People’s Republic, a terrorist organization created and supported by Russia, has resumed the full cycle production at Alchevsk Iron and Steel Works. AMK now produces almost the entire range of its goods, including slabs. Rolled metal output reaches 70 thousand sheets per month, and slabs – also…
A fire at the Yerunakovskaya-8 mine of coal producer Raspadskaya in Kemerovo region has been liquidated, there have been no injuries, a source in the region’s emergency services reported on June 18. The source said earlier that all 114 miners were evacuated. Under preliminary data, the fire was caused by a short circuit in the…
PJSC Magnitogorsk Iron and Steel Works Extraordinary General Meeting of shareholders was held on June 13 with absentee voting. Shareholders approved by majority vote a dividend on MMK’s issued ordinary registered shares of 0.801 rubles (including tax) per share for the first quarter of 2018. The dividend will be paid in cash by bank transfer…
Poliarm LLC intends to continue geological exploration at the Lichkvaz-Tey gold and copper deposits. Poliarm bought 100% of the Armenian company, owner of the license to develop the deposits, in 2015. JORC resources of the deposits are estimated at 600 thousand ounces (18.7 tons) of gold equivalent. The Lichkvaz contains 4.3 million tons of ore…
