The ore reserves of the Russian silver and gold producer Polymetal International fell by 5%, to 616 tons, in 2016, the company said in a statement on March 14. “Polymetal’s ore reserves decreased by 5%, to 19.8 million ounces of gold equivalent mainly due to mining depletion and a downgrade at Varvara, which were partially…
In January-February the gold-mining companies of the Magadan region yielded 2133 kg of gold, up by 693 kg YoY. Last year the region mined 28 tons of gold. This year the local authorities set a new target – 30 tons. The Pavlik deposits of Arlan are set to increase output by 1.5 tons. (Ukrainian metal)
In 2017 Ukrainian thermal and steam power plants will consume 25.9 million tons of coal. 5.6 million tons will have to be imported, according to the Ministry of energy and coal industry fuel balance forecast. In 2017 Ukraine will have to import 733.4 thousand tons of gas-grade coal from Poland, 69.5 thousand tons of anthracite…
The energy supplies to the Avdiivka Coke and Chemical Works have been renewed. “Avdiivka and the works have received electricity. Repairs to be continued. We don’t know what tomorrow brings, but as for now Avdiivka Coke is operational”, Metinvest reported. The energy supply to the works has been several times stopped this year because of…
According to the Chelyabinsk region authorities negotiations are underway with 3 companies interested in buying Ufaleinickel from the current owner. At present the work is idle. 700 employees have nothing to do, and 500 of them have received notification on resignation. The Verkhny Ufalei town council is engaged in creation of new and temporary jobs…
Chelyabinsk Iron and Steel Works, a part of Mechel, has carried out the scheduled repair of its 2300 hot-rolling mill. The overhaul has been conducted by the works’ employees. The scheduled repairs will ensure the stable and effective operation of the mill until the next overhaul. (Ukrainian metal)
Lipetsk Gipromez, one of the largest engineering and project design companies in the Russian metals and mining industry and part of NLMK Group, has been rebranded and renamed NLMK Engineering. The changes to the company’s name, logo and strategic positioning are a reflection of the extensive development it has undertaken over the last two years.…
PJSC ArcelorMittal Kriviy Rih intends to purchase each premises located at Lavrenyova and Chystopilska streets (also known as “Zhukovka village”) in Saksahanskiy district of Kriviy Rih at the price of UAH 450 thousand. In general, this is 32 single-story dwelling houses and outbuildings constructed in 1950-1955, located in dangerous zone of ground motion due to…