Polymetal has received 3 licenses in the Primorye region with the combined reserves of 1 thousand tons of silver and 2 tons of gold. Previously the license-holder for the sites was Primorye Mining Company Vostok. The Kumirny site is the most interesting to the company, as its estimated reserves as of 2010 were 440 tons…
Within the program of developing cooperation with Yichang, Zaporizhstal has been visited by a delegation headed by the deputy mayor. The guests have been shown ecological modernization projects, including the reconstruction of the blast furnace No. 3 with investments at 1.5 billion UAH and the modernization of the sintering factory gas-purifying machines. “We have something…
Despite the decrease in sales at the start of the year due to the low customer activity on the background of the high prices, Staltrans has been able to stabilize and even strengthen its positions on the metal wares market. In March the company sold 3883 tons of wares, up by 17.5% MoM, while the…
Trubodetal Works, a part of OMK, has confirmed the correspondence of its quality, environment and labor safety management systems according to ISO and OHSAS. The audit has been carried out by TUV NORD CERT GmbH, which has recommended providing Trubodetal with the new certificates of ISO 9001:2015 and ISO/TS 29001:2010 as well as confirming OHSAS…
Evraz has finalized the deal on selling 100% of Nakhodka sea trade port to its main shareholder Lanebrook Limited for $354.4 million. In May Evraz sold its Ukrainian Evraz Sukhaya Balka mine to Berklemond Investments Ltd. In March Evraz announced it was selling Yuzhkoks. And in 2015 it sold Dneprodzerzhinsk Coke Plant to Lanebrook Ltd.,…
PJSC ArcelorMittal Kriviy Rih has carried out the first transactions for acquisition of the premises in “Zhukovka village” (Lavrenyova and Chystopilska streets of Saksahanskiy district of Kriviy Rih city). The purchase and sales transactions were carried out in line with the legislation of Ukraine and with the company’s previously announced offer to purchase here each…
Russian coal producer Raspadskaya will consider paying final dividends for 2017, investment company Aton said in a research note after meeting with representatives for Raspadskaya’s parent company Evraz. But the company does not want to rush with dividends, as good financial results for January-June may be temporary due to the pressure from the rising ruble…
Yuzhuralzoloto Group of Companies (UGK) has started transferring Darasun Mine LLC to the future owner – Uryumkan LLC. The transfer started on June 1. In May there was a strike at the mine: 81 miners refused to get back to the surface protesting against not receiving salary for April. At that time UGK president and…