Russia: Tominskiy Processing Plant lays foundations of the production facilities

The Tominskiy Processing Plant (Chelyabinsk region) has launched the construction of the main building of a plant and other production and auxiliary facilities. When completed, the plant will comprise 17 permanent buildings and facilities. The Tominskiy Processing Plant has received all the necessary construction permits for the enrichment plant facilities and related infrastructure. Excavation work…

Russia: TMK presents new strategy till 2027

PAO TMK, one of the world’s leading producers of tubular products for the oil and gas industry, presented its new ten-year strategy to 2027 and an update on performance at its 5th annual Capital Markets Day in London. The new strategy will reinforce TMK’s position as a leading supplier to the global OCTG market, the…

Ukraine: Avellana Gold gets back earlier withdrawn license for polymetal mining

The Prosecutor General’s Office of Ukraine has returned to the U.S.-based Avellana Gold international mining company the previously withdrawn special permit for the development of Muzhievo polymetallic ore deposit in Zakarpattia, the west of Ukraine, as well as confidential geological information about the field, according to the company’s press service. “The General Prosecutor Office has…

Russia: REMZ to be reanimated

At the meeting of the Shakhty City Council the Department of economy director Vladimir Gorshkov said, that soon the Rostovsky Electrometallurgical Works would be operating at full capacity. The industrial indexes of REMZ dropped to 87%. The city is taking measures to resume normal operation at the major works. A commission has been created to…

Russia: Severstal to hold Capital Markets Day 2017

Severstal, one of the world’s leading vertically integrated steel and steel-related mining companies, announces that it will be hosting its annual Capital Markets Day in London on November 2. Severstal’s Chairman, Alexei Mordashov, will open the event via video address. Alexander Shevelev (CEO), Alexei Kulichenko (CFO), Dmitry Goroshkov (Marketing Director), Sakari Tamminen (Senior Independent Director)…