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Author Archives: admin

Russia: Karataev to step down as NLMK Group Acting CFO

NLMKBy admin15.05.2018Leave a comment

NLMK Group, a global steel company, announces that Sergey Karataev has decided to step down as NLMK Group’s Acting CFO. He has decided to continue his professional growth beyond the financial function as First Deputy General Director of Freight One (PGK), NLMK Group’s affiliate. NLMK Group is currently considering candidates for the CFO role. Details…

Kazakhstan: gold output up in January-April 2018

gold, silverBy admin15.05.2018Leave a comment

The gross output of raw and semi-processed gold in the powder form reached 28,848 kg in January-April, up by 8.4% YoY. The overall output of raw and semi-processed silver in the powder form amounted to 334,194 kg, down by 6.5% YoY, the Statistics Committee of the Kazakh National Economy Ministry reports. (Kazinform/Ukrainian metal)

Kyrgyzstan: IAEA inspectors arrive to study uranium-tailing dumps

uraniumBy admin15.05.2018Leave a comment

A delegation of the European Union and the International Atomic Energy Agency has arrived in Kyrgyzstan to study uranium heritage sites in Mailuu-Suu town, Jalal-Abad region. It is expected that experts will visit the tailing dumps in Ailampa-Sai, Kulmen-Sai, Koy-Tash valleys, as well as tailing dumps Nos. 6, 20 and 21. The specialists will be…

Azerbaijan: precious metal prices down on May 15, 2018

precious metalsBy admin15.05.2018Leave a comment

The prices of the main precious metals decreased in Azerbaijan on May 15, according to the data published by the Central Bank. The cost of gold decreased by 14.1695 manats, to 2228.802 manats per troy ounce compared to the price on May 14. The cost of silver decreased by 0.3847 manats, to 28.0122 manats per…

Russia: MMK and Coskunoz launch car components plant in Tatarstan

MMKBy admin15.05.2018Leave a comment

Magnitogorsk Iron and Steel Works (MMK) and Turkish metallurgic company Coskunoz have launched a 1-billion ruble MMK-Coskunoz-Alabuga car parts facility in Russia’s republic of Tatarstan. The plant is located in the Alabuga special economic zone. It will produce steel car parts for Ford Sollers and other domestic car makers. The projected capacity is 150,000 tons…

Russia: SUMZ to invest 200 million rubles in Vanyukov furnace repair

SUMZBy admin15.05.2018Leave a comment

Sredneuralsky Copper-Smelting Works has started the scheduled repair of the Vanyukov furnace No. 1. The company intends to invest some 238 million rubles in the repair. The furnace commissioning is scheduled for June 8. The Vanyukov furnace No. 1 was put into operation in 1994, and No. 2 in 2009. (Ukrainian metal)

Russia: Magadan region coal output up in January-April 2018

coalBy admin15.05.2018Leave a comment

In January-April Magadan region mined 261.8 thousand tons of coal, up almost 2-fold YoY. The increase has to do with the scheduled growth of output at the Kolyma Coal Company, which became the leader in coalmining. Two more companies are operating in the region – Association of business cooperation LLC and North-Eastern Coal Company LLC.…

Russia: Petropavlovsk shareholders want Maslovsky back

goldBy admin15.05.2018Leave a comment

Petropavlovsk shareholders demand the board of directors replaced and one of its founders Pavel Maslovsky, as well as independent directors Sir Roderick Line and Robert Jenkins returned. The claim was voiced by CABS Platform Limited and Slevin Ltd., which together own 9.11% in Petropavlovsk. The issue will be on the agenda of the annual meeting…

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…1,4331,4341,4351,4361,437…
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