Russian gold producer Polyus has started hot commissioning of a processing plant at the Natalka gold deposit in the Magadan region, the company said in a statement on September 5. “Following completion of the hot commissioning, the company anticipates that full production will be launched at Natalka before the end of 2017 as earlier guided,”…
DTEK is waiting for the arrival of two ships with anthracite from South Africa in the middle of September. “Each ship will deliver 75,000 tons of coal that is in short supply. Our thermal power plants – Kryviy Rih and Prydniprovska – would be able to generate enough electricity for Ukraine. These plants would help…
Azovstal Iron and Steel Works and Mariupol Ilyich Iron and Steel Works received the most VAT reimbursement in August. According to the State Treasury, Azovstal received 837.378 million UAH, Mariupol Ilyich – 558.834 million UAH, while ArcelorMittal Kriviy Rih – 426.475 million UAH. VAT reimbursement to all companies in August totaled 9.611 billion UAH. (Ukrainian…
In January-July Ukraine sold 1.185 trillion UAH worth of industrial products (goods and services), up by 26.6% YoY. According to the State Statistics Service, in July mining and processing industry sales increased by 20.6% YoY, including exports – by 24.9%. Metal products accounted for 17.8% of sales, while mining and quarrying products for 14.9%. (Ukrainian…
Chukotka has been decreasing gold output lately. The local authorities believe this is because of the thinning of gold deposits. In 2016 the region obtained 29.184 tons of gold, down by 9.17% YoY. “We are settling issues with new projects. We’re constructing electricity lines. We are prepared to work at the Kupol deposits, and at…
In January-August coal enterprises produced 23.592 million tons of coal, down by 9.4% YoY. According to the Ministry of energy and coal industry, coking coal output decreased by 24.5%, to 4497.3 thousand tons, power-generating coal – by 5%, to 19094.7 thousand tons. In August Ukraine produced 2543.2 thousand tons of coal, down by 26.1% YoY.…
Interest for using bank loan on investment project will be returned to Belarus Iron and Steel Works from the state budget. This is envisioned in the Council of Ministers’ decree dated August 31. The company will be paid back interest for using bank loan in foreign currency in 2013-2015. The payback will be in Belarus…
On September 4, Belarus Iron and Steel Works smelted the 50-millionth ton of steel. Each year the jubilee tons are reached sooner thanks to the reconstruction at the works. The 20-millionth ton was produced in 2004, 20 years after the production started. In early 2013 the works produced the 40-millionth ton. In 4.5 years BMZ…
