The government of the Magadan region and Status LLC have signed an agreement on the operation at the gold-bearing deposits on the territory of Yagodnoye town district. In 2015-2016 the company invested 470 million rubles in the development of the manufacturing capacities and paid 390 million rubles of taxes. The company also mined 2.6 tons…
The loading site of Bashkirskaya Med in Sibay has received the new railroad scales. The cost of the machinery is 1.7 million rubles. “Now our controllers weigh all the wagons. They work day and night. All the weighing operations are automatically saved in the database. Now that we weigh everything ourselves and not with the…
15 years ago Yuznhy Kuzbass put a new processing factory Krasnogorskaya into operation. This was the first enterprise in the Kemerovo region to process anthracite. 2002 saw the first record – 150 thousand tons of coal processed at the project capacity of 130 thousand tons per month. In 2003 the processing volumes increased to 1.8…
In 2016 the Priagrunskoye manufacturing mining and chemical enterprise (PPGHO) increased net profits to 14.3 million rubles. According to the company CEO Sergey Shurygin, in 2016 it produced 1873 tons of uranium concentrate and mined 3027 thousand tons of coal. In 2013 the company losses totaled 3.5 billion rubles. In 2017 PPGHO plans to put…
According to Russian Copper Company environment, labor safety and industrial safety department director Natalia Gonchar, in 2017 the company intends to invest 1.6 billion rubles into environment protection (1.3 billion invested in 2016). The money will be spent on the protection of air, water, soil, and waste treatment. Moreover, Karabashmed, a part of RMK, environment…
In 2016 the prime cost of steel at NLMK decreased by 50% compared with 2013, to $194 per ton. According to the company statement, this is 44% below the average level in the industry. In 2016 energy consumption decreased by 1% as to 2013, metal containing raw materials – by 2%, coal – by 2%,…
The Ural Mining and Metallurgical Company intends to increase copper output to 380 thousand tons per year in 3-5 years. According to the UMMC CEO Andrey Kositsyn, in 2016 the company output dropped by 5% YoY, to 350 thousand tons, or some 40% of all the copper production in Russia. The reason is the decrease…
In 2016 Uralskaya Kuznitsa (Ural Foundry, a part of Mechel) decreased net profits and increased receivables. In 2015 UralKuz received 2.6 billion rubles of net profits, while last year it dropped to 1.9 billion rubles. Sales profits fell to 1 billion rubles from 1.4 billion. The revenue decreased slightly – by 37.7 million rubles (from…