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Author Archives: admin

Russia: RUSAL abandons plan to ask to compete for Norilsk Nickel stake

Norilsk Nickel, RusalBy admin16.04.2018Leave a comment

Russian aluminum producer RUSAL has abandoned an idea to ask the shareholders for a mandate to compete for a stake in Norilsk Nickel with Interros due to the new U.S. sanctions, it said in a statement. According to the statement, RUSAL will monitor the situation and can return to the move if sees it necessary.…

Russia: Rio Tinto to declare force major on several deals with RUSAL

RusalBy admin16.04.2018Leave a comment

Rio Tinto will declare force major on several contracts with aluminum producer RUSAL due to the inclusion of the Russian company in the U.S. blacklist, Rio Tinto said in a statement. On April 6 the U.S. imposed sanctions against 38 Russian tycoons, officials and companies, including RUSAL. (Prime/Ukrainian metal)

Kyrgyzstan: personal belongings of employees stolen from Chinese enterprise at Makmal

goldBy admin16.04.2018Leave a comment

Personal belongings of employees were stolen from the territory of the Chinese enterprise GL Makmal Developing at Makmal. According to the company, all the employees of the enterprise have started working, but the Chinese investors do not yet know at whose expense the burned objects will be restored. It is known that the government and…

Azerbaijan: weekly review of precious metals market

precious metalsBy admin16.04.2018Leave a comment

Last week the price of one ounce of gold increased by 13.2345 manats or by 0.58%, to 2,276.3956 manats. The price of one ounce of silver increased by 0.1846 manats or by 0.66%, to 28.0715 manats. The price of one ounce of platinum increased by 16.4305 manats or by 1%, to 1578.8835 manats And the…

Kyrgyzstan: PM to name politicians behind riots in Toguz-Toro

goldBy admin16.04.2018Leave a comment

Some politicians are involved in the riots that occurred in Toguz-Toro district, where the gold processing plant under construction was set on fire, the Prime Minister of the country announced at a meeting of Kyrgyzstan parliamentary faction. Sapar Isakov said that the Ministry of Internal Affairs asked for time for investigation. But the names of…

Ukraine: Zaporizhstal opens water transportation season

ZaporizhstalBy admin16.04.2018Leave a comment

Zaporizhstal has opened the season of shipping metal products via water transport. This year the company intends to deliver some 600 thousand tons of metal via the River Dnepr. Zaporizhstal metal has already been delivered over the water to Greece, Bulgaria, Turkey, Romania, Georgia, Serbia and Macedonia. “This year we will keep the volumes of…

Ukraine: Crimean Titanium to pay for damaging environment

Crimean Titanium WorksBy admin16.04.2018Leave a comment

The Armyansk City Court has found Titanium Investments – Crimean Titanium LLC guilty of not paying for negative influence on the environment. The company did not pay over 3 million rubles for harming the environment. Now it has 6 months to pay the debt. The company, situated in Russia-annexed Crimea, covers a third part of…

Russia: MMK scrap railroad deliveries down in Q1 2018

MMK, scrapBy admin16.04.2018Leave a comment

In March, according to the railroad statistics, direct supplies of ferrous scrap to MMK totaled 64 thousand tons, down by 8.6% MoM and by 43.7% YoY. In February the results were up by 4.3%, but down by 39%, while in January – down by 72% and by 36% respectively. In January-March the company received 192.1…

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…1,4811,4821,4831,4841,485…
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