The selection of consulting companies that will help Kyrgyzstan sell Kara-Keche coal deposit has begun. Applications for consulting services were received from Beyond Investment Group LLC, Deloitte & Touche, Mark Audit Bishkek, Industriel Electric Maden, Standard Development Consult, KPMG Tax and Advisory, and Ernst & Young. The technical part of the proposals was revealed. After…
The State Property Fund has announced a competition to select an evaluator of the state shares of the only primary aluminum producer in Ukraine – Zaporzhye Aluminum Works. The state has 68.01% stake (423.515 million shares). The evaluation of the company should be done as of February 28. The competition will take place on March…
In January-February Ukraine mined 7367.9 thousand tons of coal, up by 11.3% YoY, or by 750.8 thousand tons. According to the Ministry of energy and coal industry, coking coal output dropped by 24.2%, or by 338.3 thousand tons, to 1058.5 thousand tons, while that of power-generating coal went up by 16.5%, or by 891.3 thousand…
The construction of the ball-rolling mill has started in the rail-beam shop of Nizhny Tagil Iron and Steel Works, a part of Evraz. According to the group statement, the site for the equipment is being prepared. The new machinery will produce 60-120 mm diameter balls of the special V group of hardness. At present Russia…
Mashprom (Yekaterinburg) is supplying and assembling machinery for titanium plates to the sheet-rolling complex of VSMPO-Avisma. The line is expected to be put into operation in the nearest future. Delivery and assembly of the equipment are carried out in full accordance with the schedule. VSMPO-Avisma should start operating the new line in August. (Ukrainian metal)
In January Russia increased lead concentrate output by 45.3% YoY. According to the Federal Service of State Statistics, the results are below December 2016 by 1.8%. The Federal Service does not inform of lead concentrate output in 2016. (Ukrainian metal)
Artem Gold-Ore Company has officially put the new gold producing machine into operation. The machinery allows producing 287 kg of gold per year. The project created 120 jobs. Artem Company invested 400 million rubles to resume the work on the project: it bought all the necessary equipment, finished construction of the buildings and purchased materials…
Miners at Yerunakovskaya-VIII have started extracting coal from the new 48-5 long face. Its reserves are estimated at 3 million tons of coking coal. The operation of the long face is expected to end in Q1 2018. The Yerunakovskaya-VIII mine extracts GZh grade coal from the depth of 470 meters. After it is processed at…
