The Amur artel obtained 942 kg of platinum, including 276 kg in August. The Amur Zoloto ore deposits yielded 727.2 kg of gold and 481 kg of silver. The Buor and Ulakhan alluvial gold sites produced 295 kg of gold. The total gold output in January-August reached 1028.6 kg. (Ukrainian metal)
In January-August the throughput of Russian seaports increased by 10.4% YoY, to 517.3 million tons. According to the Association of sea trade ports, coal throughput totaled 102.7 million tons, up by 15%, while that of ferrous metals – 18.7 million tons, down by 1.5%. (Ukrainian metal)
The Federal Antimonopoly Service has allowed Severstal to buy 100% of shares in the Metal Group LLC, which owns a license to develop the central part of the Yakovlevskoe iron ore deposits in Belgorod region. In July Severstal reported on the closing of the deal to buy the claims to the company in the amount…
The share of steel semi-finished products, slabs and billets in the export volume in January-August decreased to 35.9% from 45.6% in 2016. At the same time the physical volumes of steel semis exports dropped from 5.491 million tons to 3.831 million tons. Long rolled metal exports decreased from 3.197 million tons to 2.359 million tons,…
The sea trade port Yuzhniy has started unloading the first batch of anthracite coal from the USA. According to the port press service, the Ocean Ambitious with 62 thousand tons of power-generating coal arrived at night. The port intends to unload the whole vessel in 3 days. The vessel left the port of Baltimore in…
Vyksa Iron and Steel Works will start producing casing, compressor-pump and oil-and-gas pipes in late 2018. According to the company managing director Alexander Barykov, VMZ has started reassembling shops. The works intends to produce the first batch of pipes during the next year, and after that a mass production will be organized. Investments in the…
In January-August Chukotka Autonomous District yielded 17.1 tons of gold, down by 12% YoY. In particular, ore gold totaled 15.3 tons, down by 15% YoY, and 1.8 tons – alluvial gold, up by 17% YoY. Silver output reached 87.8 tons, down by 20% YoY. Ore gold output decline is connected with the thinning of reserves…
Uralcable has put in operation a new Italian extrusion line valued at 51.4 million rubles (750 thousand euro). The capacity of the new line is 10 times higher compared to the old one, which has been disassembled. “The speed of the Frigeco line is 800 meters per minute. Our old line could not do more…