The gold-mining company Vysochaishiy plans to produce 6.3-6.5 tons of gold this year (195-210 thousand ounces), up by 28% YoY. The increase will be achieved thanks to the putting in operation of the Ugakhan Mining and Processing Works in Irkutsk region and the first stage of Tarynsky GOK in Yakutia. As of 2016 the Vysochaishiy…
Severstal-Metiz has supplied a large batch of rebar threads for the construction of port Alyat in Baku (Azerbaijan) and the bridge over the Ural River in Kazakhstan. The combined weight of the two batches is 2 thousand tons. The 7-wire threads are used as rebars in ferroconcrete structures. (Ukrainian metal)
In June the largest VAT receiver among mining and metal companies was Azovstal Iron and Steel Works with 604.2 million UAH. According to the State Treasury Service, Mariupol Ilyich Iron and Steel Works received 505.9 million UAH, and Zaporizhstal – 272.1 million UAH. Then follows Poltava GOK (141.4 million UAH), Evraz DMZ (127.3 million UAH),…
Kyrgyzstan should not bear losses from gold processing enterprise Altyn-Ken, the member of the Association of Mining Industry Duishenbek Kamchybekov said at a round table. According to him, the share of Kyrgyzstan from gold processing at this enterprise is 40%, and 60% is the share of the Chinese company. The enterprise was built to process…
The state enterprise Selidovugol has concluded two contracts with Contest System LLC on the delivery of conveyors valued at 101.6 million UAH. By April 2018 the “Ukraine” mine will have received 6 conveyors, produced by the Krasnoarmeysk works “Promyshlennoye oborudovaniye” LLC and “Company “Profit Invest” LLC. The volume of the transaction is just 0.1% below…
In January-June Zapadnaya Coal Company LLC (ZUK), developing the Krutoyarsky site of the Konstantinovskoye deposits in Sakhalin, mined 280 thousand tons of coal. In H1 2016 the company mined 106.314 thousand tons of coal, and 274.176 thousand tons in 2016. This year ZUK intends to mine a total of 450 thousand tons of coal. (Ukrainian…
Mikhail Ispolov has been appointed the CEO of OMZ-Spetsstal, and he would also work as the deputy manufacturing director of OMZ. Ispolov replaced Serge Yeroshkin, who has been the OMZ-Spetstal CEO since 2012. The new director will have to increase manufacture efficiency, decrease expenses and improve product quality. (Ukrainian metal)
The Kapitalnaya mine (previously mine named after Stakhanov) of the state enterprise Mirnogradugol (previously Krasnoarmeyskugol) has put into operation the fifth northern long face. The reserves of the long face are estimated at 510 thousand tons of coal, or 1 year of operation. Investments in the long face totaled 138 million UAH. In autumn the…