Lisichanskugol is in the critical situation of non-payment of salary, which resulted in the miners’ strike. 55 miners have been striking at the mine named after Kapustin since July 15. At present the salary debt amounts to 135.4 million UAH (December 2015, December 2016 and this year). According to the minister of energy and power…
The Dneprovsky Iron and Steel Combine CEO Alexander Podkorytov held a meeting with the managers on the putting of the works into operation. At present DMK has received 16 gas analyzers for blast furnace shop and prepared them for operation. Electricity supplies to the works were renewed on July 13. At the same time the…
Over 10 years GeoProMining has invested some $504 million in Armenia. The group deals in gold, copper, molybdenum and antimony concentrate manufacture. Its main assets in Armenia are GPM Gold, operating at the Sotsky gold mine and Ararat gold-extracting factory, as well as Agarak Copper-Molybdenum Works (AMMK). Capital expenses on AMMK modernization totaled $30 million.…
In January-June the TALTEK enterprises mined 2.2 million tons of coal, up by 24.4% YoY. Sales increased by 25.5%, to 2.3 million tons. Local sales account for 40%, while exports – 60%. “Constant investments into optimization of manufacturing processes, modernization, decrease of expenses and the high level of labor motivation give us this considerable increase…
Zagorsky Pipe Works has started testing samples of the unique corrosion-resistant plating “Metalen PE-21” produced by Metaclay. This is the monolayer polyethylene coating made without adhesives. “Our long-term plans include the maximum increase of the range of pipe insulation materials suppliers. Soon we will start testing the Borealis materials”, the company CEO Denis Safin said.…
In January-June Chelyabinsk Zinc Works produced 91.943 thousand tons of zinc and zinc-based alloys. Local sales amounted to 61.1% against 49.7% in H1 2016. Nova Zinc in Kazakhstan produced 17.786 thousand tons of zinc concentrate, down by 3.6%. Lead concentrate output dropped by 38.1% YoY, to 2.207 thousand tons. Brock Metal Co. (UK) increased zinc…
In January-May Ukrainian thermal and combined heat and power plants consumed 9.16 million tons of coal, down by 26% YoY. According to the Ministry of energy and coal industry, in May coal consumption decreased by 40.8% YoY, to 1.343 million tons. The drop in consumption is the result of the stop of deliveries from the…
Sukhaya Balka, sold in May to DCH, in January-June decreased iron ore output by 16.5% YoY, to 1.091 million tons. In June the mine yielded 261 thousand tons of ore. In 2016 the enterprise produced 2.654 million tons of iron ore, down by 8.8% YoY. (Ukrainian metal)