In 2017 Amur Minerals LLC will spend 170 million rubles on prospecting works on the gold-copper-porphyrites deposits of Malmyzh. By 2021 the company intends to construct and put into operation the mining and processing works at Malmyzh with the capacity of 30 million tons of ore per year. The reserves of the site will be…
This year Khabarovsk region intends to produce 19.55 tons of gold and 1.55 tons of platinum. According to the local ministry of natural resources, last year gold output was 19.5 tons. The increase in gold output is expected thanks to the new deposits put into operation. Investments in the industry in 2015-2016 exceeded 16 billion…
The subsidiary of Uralelectromed – “Proizvodstvo polymetallov” (Polymetal manufacture) – has started producing fuel briquettes to be used as fuel for mine furnaces. The prime cost of 1 ton of briquettes of coke breeze and dust is twice as low as that of coke. According to the subsidiary chief engineer Oleg Belyaev, this is a…
Designers from Uralmekhanobr have completed the documentation for the third stage of the copper electrolysis shop at Uralelectromed with the increase of cathode capacity to 400 thousand tons per year. “As to the machinery, automatization level, environment safety, and labor conditions the new shop meets all the modern world standards”, the project chief engineer Konstantin…
Miners from 5 Krivoy Rog Iron Ore Industrial Complex mines refused to return from underground after the night shift. “All the night shift of the Rodina, Gvardeyskaya, Ternovskaya, Krivbassshakhtoupravleniye and 10 miners of the Octyabrskaya mine remained underground. They demand increase of wages”, the chairman of the Confederation of Free Unions of Ukraine Mikhail Volynets…
In April Dneprovsky Iron and Steel Combine received the most VAT among mining and metal companies – 1.205 billion UAH. According to the State Treasury, it was followed by Azovstal with 520.2 million UAH and ArcelorMittal Kriviy Rih with 453.8 million UAH. Mariupol Ilyich Iron and Steel Works received 376.3 million UAH, Zaporizhstal – 296.9…
In January-March Chelyabinsk Pipe Works received 608.2 million rubles of net losses against 2.4 billion rubles on net profits in Q1 2016. The group income dropped by 10% YoY, to 24.775 billion rubles. Sales profits decreased to 1.2 billion rubles from 4.3 billion rubles. (Ukrainian metal)
The stock of anthracite coal at thermal power plants in a week decreased by 22.9%, to 30.5 thousand tons. According to the Ministry of energy and coal industry, all coal grades stocks at the thermal and heating power plants decreased in a week by 13.7%, to 90.6 thousand tons. At the same time stocks of…
