Mikhail Mazhukin has been appointed the managing director of Korshunovsky Mining and Processing Works. In 2009-2013 Mazhukin managed the Yuzhnouralsk Nickel Works. At the new office he has replaced Boris Sedelnikov, who has been appointed open pit director at Yuzhny Kuzbass. “Boris Sedelnikov has made a great contribution to the development of KGOK. Under his…
Raspadskaya mine has started developing the bank 6-6a with the estimated reserves of over 127 million tons of coking coal. The first long face 4-6-33 (3.5 million tons) has been put into operation. Investments totaled 900 million rubles. “We’ve been preparing to start working at the bank for almost 3 years. The bank is powerful.…
Magamed Ibragimov has been appointed CEO and CFO of ArcelorMittal Tubular Products Aktau. He has previously held the position of the acting CFO at ArcelorMittal Temirtau. The previous AMTPA CEO Zhenis Utegenov has been appointed development director at the company. His tasks now are to increase output and develop new markets. (Ukrainian metal)
In January-September the miners of Stepnoy pit, a part of Russky Ugol, yielded over 3.1 million tons of power-generating coal. Since the pit has been put into operation, it has mined 57 million tons of coal. The Stepnoy factory has already processed 2.6 million tons of coal this year. (Ukrainian metal)
Aktogay Processing Factory, a part of KAZ Minerals, has reached the level of the projected sulfide ore processing capacity. Because of the higher than expected copper content in the ore, the factory will produce 70-85 thousand tons of copper in 2017. Now the group awaits good results from Bozshakol as well. (Ukrainian metal)
The state enterprise Pervomayskugol has ordered Ertlite LLC the delivery of lifting and transportation machinery valued at 14.48 million UAH. The company ordered 2300 meters of belt at 3772 UAH per meter and two hoppers at 2.9 million UAH apiece. (Ukrainian metal)
Energomashspetsstal has shipped the loading and unloading trunnions for ore mills to Ingulets Iron and Steel Works. The total weight of the order is 71 tons. The companies have been cooperating for over 10 years. Many InGOK mills have equipment produced at EMSS. The next batch is expected by the end of the year. (Ukrainian…
GV Gold (Vysochaishiy) is negotiating the purchase of Zoloto Kamchatki from Renova. GV Gold intends to have an IPO in 2018, and for its success the company total output should be increased to 10-15 tons of gold per year (in 2016 Vysochaishiy produced 5.1 tons). GV Gold also showed interest in the Irkutsk region asset…