Russia: Severstal Balakovo gets new CEO

Since May 11, the new general manager of Severstal – Balakovo, a part of Severstal Russian Steel, is Artem Akinfiev, who has previously been responsible for the improvement of manufacturing processes at Promservis, another part of SRS. “In his new office Akinfiev will be responsible for increase of the company competitiveness on the bars market”,…

Russia: Kolyma gold mining up in 2017

So far the gold washers of Kolyma have yielded 1.7 tons more gold then last year. The plan for the year is 30.5 tons. In 2016 Kolyma miners produced 27.9 tons of gold and 889.2 tons of silver, with 15.9 tons of alluvial metal, an absolute record for Russia. Susumanzoloto yielded 4.5 tons. (Ukrainian metal)