In 2017 companies developing metallic deposits invested $235 million in the operation. In the next 3 years some 3 billion drams more will be invested in the field. Metallic output last year increased by 30% YoY, mostly because of the growth of world ore prices. (Ukrainian metal)
The prospecting of copper ore deposits on the Novopetrovskoye field in the Republic of Bashkortostan is complete. According to the inspection, the deposits have the reserves of 387 thousand tons of R1 copper with the average content of 1.44%, 151 thousand tons of R2 copper (1.28%), 638 thousand tons of R1 zinc (2.37%) and 268…
The Bryansk region is carrying out its project to produce tungsten and molybdenum powder. The Unecha Works of Refractory Metals LLC intends in 4 years to start producing molybdenum fillets, artificial sheelite and tungsten oxide. The construction of the works in the region started in 2007. The first stage with the capacity of 500 tons…
The governor of the Volgograd region Andrei Bocharov and the new projects director of Rusal Alexei Arnautov discussed the development of Volgograd Aluminum Works. After almost 5 years of idleness the company is resuming the liquid aluminum manufacture. Rusal has repaired electrolysis shops and modernized machinery. So far some 1.5 thousand jobs for the local…
In January ore output of the open-pit at the Osenneye deposits of Gaysky Mining and Processing Works totaled 94.6 thousand tons with the target being 74 thousand tons. From underground the GOK mined 677 thousand tons of ore, up by 0.3% from the target. The factory processed 853690 tons of ore. Copper concentrate output was…
In January Almalyk Mining and Processing Works manufactured 100.2% of the target. Copper ore output was 100.9%, copper raw materials processing – 100.2%. Copper content in the concentrate was 101.4%. Last month the GOK produced 101.2% of cathode copper, including 100.1% of its own raw materials, and 75.3% of metallic zinc, including 100% of its…
MMK-Metiz is going to increase the size of the minimal salary. As of January, the average salary at the works was 46.7 thousand rubles. In 2017 it increased by 8.4%. The company collective agreement, approved last spring, was awarded the second place at the regional competition. (Ukrainian metal)
The investment program of Olenegorsk Mining and Processing Works for 2018 will exceed 1 billion rubles, on the level of 3 previous years. According to the company statement, some 290 million rubles will be used to buy two new dump trucks and the front-end loader for the mining division. 114 million rubles will be spent…