In January-November 2017 Armenia increased metal output by 11.4% YoY after the drop of 6.3% in 2016. According to the National Statistics Service, ferromolybdenum output grew by 3.9%, to 6098 tons. In November 2017, 577 tons were produced, up by 12.3% MoM. Molybdenum concentrate output in 11 months increased by 3.8%, to 10133 tons, with…
In February Magadan region will hold auctions for the sale of 11 sites of alluvial and ore gold. All participation offers are accepted through February 12. Sites in Omsukchansk, Severo-Evensk, Srednekansk, Tenkin and Khasyn districts will be offered for sale. The cost of the lots depending on the site ranges from 1 million to 17.6…
The Lipetsk pipe company Svobodniy Sokol has purchased assets belonging to the insolvent Lipetsk Iron and Steel Works Svobodniy Sokol for 756.2 million rubles. According to the company CEO Igor Yefremov, this includes premises, metal and special machinery, lease right, patents, trade marks, railroad transport and social objects. The starting price of the lot was…
Kolyma gold-extracting companies have confirmed the 2017 gold output on the level of 32.7 tons. In 2018 they have received orders for 32 tons of gold. At the same time the real forecast for the year is 37 tons. (Ukrainian metal)
Uralmashzavod has completed the final stage of dragline 11/75 shipping. The corresponding contract with VostokUgol (Novosibirsk region) was signed in October 2016. The machine will be operating at the Vostochniy pit and is expected to start working in Q1. (Ukrainian metal)
In 2017 metal industry showed positive trends resulting mostly from external factors: the strengthening of the ruble, increase of the outer demand, accessibility of investments, etc. The following factors influenced the metal industry the most: – the increase of world prices by 40% on average, – and the growth of other income 2.2-fold because of…
Energomashspetsstal will produce a batch of working rolls for Evraz-DMZ. According to the company statement, the corresponding contract was concluded in November 2017. The total weight of the rolls will be 184.7 tons. The rolls will be used in the bar-rolling mills of Dneprovsky Iron and Steel Works. The delivery is scheduled for the second…
In 2017 DTEK Energo enterprises mined 22.9 million tons of gas coal, up by 8.2% YoY. According to the group statement, in December 2017 DTEK Pavlogradugol and DTEK Dobropolyeugol mined around 2 million tons of gas coal, up by 2.1% YoY. Last year DTEK Pavlogradugol extracted 20.1 million tons of coal. In 2018 DTEK Energo…
