The State Committee for Industry, Energy and Subsoil Use of Kyrgyzstan announced the holding of auctions. Issyk-Ata field with a starting price of $26,160 is put up for auction. A large part of the area (up to 60%) is covered with glacial deposits of considerable thickness. The increased gold content is caused by the presence…
In January-September Ukraine increased copper and copper wares imports by 56.4% YoY, to $62.24 million. According to the customs statistics, exports grew by 69.1%, to $92.725 million. In September copper imports totaled $7.911 million, and exports – $10.946 million. Nickel imports in 9 months dropped by 16.7%, to $55.721 million ($5.057 million in September). At…
In January-August Kazakhmys produced 151.2 thousand tons of cathode copper, up by 6% YoY. Average copper contents in the ore totaled 0.96%, which is higher than last year (0.94%) and by 4.2% from the planned. In 8 months the corporation mined 18852.341 thousand tons of ore, factories processed 19 million tons. In 2017 Kazakhmys intends…
The length cutting service center of Tyumenremdormash has started testing new machinery. The new complex cost investor 226 million rubles. The project is carried out with the help of the regional government. In particular the government paid 27.3 million rubles as the first installment. The service center produces strips of almost any size with the…
In January-August sales of industrial products (goods and services) totaled 1.354 trillion UAH, up by 25.95% YoY. According to the State Statistics Service, in August sales in mining and quarrying industry increased by 28.8% YoY, with exports up by 27.6%. Metal output accounted for 17.8% and mining for 15% of the total volume. (Ukrainian metal)
The Russian businessman Igor Shamis could become a new owner of KVV Liepajas metalurgs. He wanted to acquire the works back in 2014, but lost to the Ukrainian KVV Group. The Latvian Privatization Agency chairman Vladimir Loginov confirmed that the Cabinet of Ministers would decide on the new owner in October. Last week a new…
ArcelorMittal Kriviy Rih is carrying out a reconstruction of its sintering machine No. 5 premises and buildings. In particular, it is planned to assemble a dust exhaust system and replace gas-purifying equipment. The work is carried out under the sinter shop No. 2 modernization program. The cost of the sinter shop No. 2 reconstruction is…
The local market protection department of the Eurasian Economic Commission has suggested decreasing antidumping duty on the imports of some types of pipes manufactured by Interpipe. In particular it is suggested to set the duty for casing pipes on the level of 9.98%, for compressor-pump pipes at 12.23%, for oil-and-gas, as well as ordinary pipes…