Kazakhstan: Kazzinc output up in 2016

In 2016 Kazzinc produced 305.5 thousand tons of zinc, up by 0.3% YoY. Zinc production of own raw materials totaled 187.5 thousand tons, down by 3% YoY.

Copper output went up by 9.6% YoY, to 68.2 thousand tons, including that of own raw materials – by 3.9% YoY, to 53.9 thousand tons. (Ukrainian metal)

Ukraine: coal imports in January 2017

In January Ukraine imported coal and anthracite valued at $170.897 million. According to the State Fiscal Service, Russia supplied coal valued at $114.59 million, the United States – $24.856 million, Kazakhstan – $15.127 million, other countries – $16.324 million. Thus, in money terms imports of coal and anthracite last month grew by 61.3% YoY ($105.943…

Russia: Yanzoloto mines 150 kg of gold

In 2016 Yanzoloto, working in Ust-Yansk in the Republic of Sakha (Yakutia), mined 150 kg of gold, having exceeded its annual target.

The company expects the gold reserves at the site to increase by 2.5 tons. (Ukrainian metal)

Russia: Severstal planning new investments

Severstal announced details of its 2017 capital investment program, which highlighted its operational excellence and long-term competitiveness. In 2017 Severstal plans to invest approximately 43 billion rubles across the business. This investment will primarily focus on developing key areas of the company’s strategy including cost control, increasing production of high-value added products and enhancing safety…

Russia: Mechel-koks to be shut down

The Rosprirodnadzor (the Federal service of supervision in environment) has found out that Mechel-koks works in Chelyabinsk has been polluting the air. The service ruled the polluting equipment to be shut down. The service is preparing documents for the court to shut down the works for 90 days. Mechel-koks does not agree with the service…

Ukraine: EU to cancel steel rope duty

Ukraine expects the European Union to cancel the antidumping duty on the import of steel ropes after almost 19 years, the deputy economy development and trade minister, the trade representative of Ukraine Natalia Mykolskaya wrote on her Facebook page. She noted, these were the last antidumping measures against Ukrainian export to EU. “These measures resulted…

Ukraine: Zasyadko mine resumes operation after shelling

The mine named after Zasyadko in the pro-Russian terrorist-occupied Donetsk resumed operation after shelling. “The energy supply to the mine has been restored, the miners started working”, the separatist media report. The mine was cut off from electricity on January 31, following intense shelling. Some 200 miners remained underground. During the day they have all…

Russia: TMK to raise 10.4 billion rubles

Russian oil and gas pipe maker TMK plans to sell 139 million common shares at 75 rubles per paper during a secondary public offering (SPO) to raise about 10.417 billion rubles from the placement, the company said in a statement. Earlier TMK said it launched the SPO to offer up to 139 million common shares…

Ukraine: Lvivugol miners get December 2016 salary in full

The state enterprise Lvivugol has received 14.7 million UAH for the sale of coal.

“All the money was spent to pay salary to miners. They have received their December 2016 salary in full”, the energy and fuel department of the Lviv state regional administration reported. (Ukrainian metal)