Within investment projects Karelsky Okatysh is automating the concentrate-processing sections and assembling iron-content analyzers. Each part of the section will have the maximum number of measuring devices. Now the equipment is assembled in one pilot section, after that it will be assembled in 11 more. All of the 12 sections will also have iron-content analyzers.…
Osinnikovskya mine of Raspadskaya Coal Company has put into operation a new long face with the reserves of 2.2 million tons of coal. Average coal output at the long face is expected at 180 thousand tons. The reserves of the long face will be enough for a year. After the coal is processed at the…
Magnitogorsk Iron and Steel Works (MMK) has published a video titled “MMK – Caring About the Future” describing its environmental efforts. The six-minute video presents the results of MMK’s environmental activities in the past few years in a clear and simple way, and outlines the company’s mid-term environmental plans. The video summarizes an enormous amount…
Metinvest, the vertically integrated group of steel and mining companies, is pleased to note the inclusion of two of its bond issues in the JPMorgan Corporate Emerging Markets Bond Index series (CEMBI), a global benchmark tracking US-dollar denominated debt issued by emerging market corporations. The bonds were issued on April 23 following the successful completion…
The minister of energy and coal industry Igor Nasalik has blamed the acting director of the state enterprise Selidovugol Sergey Pakhomov for the bad conditions of the mines and the inability to manage the enterprise. According to the minister, out of 60 million UAH provided in January to develop mines, only 12 million have been…
Miners of the site No. 2 of the Belozerskaya mine set a new record, having extracted 105.352 thousand tons of coal from one long face in May. This is the DTEK Dobropolyeugol best result in its history. The average daily output was 3512 tons. DTEK has invested 193.5 million UAH in the long face. (Ukrainian…
The Northeastern manufacturing and geological enterprise (a part of the state holding Rosgeologia) has started bringing cargo and machinery to the Kremovaya site in Chukotka. There the enterprise is prospecting for gold. The corresponding contract with the department of subsoil use was concluded last year. The geologists must find gold-silver ore objects within the territory.…
In May the Northern Railroads transported 5.114 million tons of cargo, up by 3.1% YoY. In particular, ferrous metals transportation increased by 2.6%, to 3.9 million tons. Scrap transportation dropped by 4%, to 0.3 million tons, while that of coal decreased by 26%, to 1.3 million tons. (Ukrainian metal)
