At least 550,960 ounces or 17,136.78 tons of gold were produced at Kumtor mine located in Issyk-Kul region of Kyrgyzstan in 2016, Centerra Gold Inc. reported. Kumtor mine exceeded the mid-point (540,000 ounces) of Centerra’s favorably revised gold production outlook issued after last year’s third quarter. Kumtor’s production forecast for 2017 is expected to be…
In December 2016 Ukraine produced 1.9 million tons of pig iron, 2 million tons of steel and 1.8 million tons of rolled metal. As of January 17, 21 out of 28 blast furnaces (75%), 18 out of 21 converters (86%), 8 out of 9 open-hearth furnaces (89%) and 5 out of 16 electric-arc furnaces (31%)…
In February Ukrainian metal companies are expected to produce 1.9 million tons of steel. According to Ukrmetallurgprom, pig iron output could total 1.8 million tons, while that of rolled metal – 1.6 million tons. Ukrmetallurgprom’s forecast for January was 2 million tons of steel and pig iron each, as well as 1.8 million tons of…
Mariupol Ilyich Iron and Steel Works has decreased gas usage while heating billets at mill-1700. “We used to heat the billets twice. Because the slabs are thick we had to heat them in the heating furnace No. 5, then sent them to the reduction mill to reduce the thickness to 135-140 mm, following by the…
Poltava Mining and Processing Works is studying the possibility of the construction of the pulverized coal injection machine to stop using the expensive natural gas. PGOK representatives visited ArcelorMittal Kriviy Rih to get acquainted with the PCI machine, put into operation in 2016 at the blast furnace No. 9. In January-August 2016 PGOK decreased gas…
Ingulets Mining and Processing Works continues the overhaul of the ore-processing factory No. 2 section 14 started in late 2016. After the reconstruction, estimated at 45 million UAH, the capacity of the section will increase by 12%, to 1.2 million tons of ore per year. In 2016 InGOK invested 392 million UAH into capital repairs…
In 2016 enterprises of the Yuzhuralzoloto Mining Company yielded 15 tons of gold, up by 9.5% YoY. Svetlinsky Mining and Processing Works mined 8 million tons of ore and plans to mine as much this year. Bereznyakovsky Mining and Processing Works is expected to mine 1 million tons of ore in 2017. In 2018 UGK…
According to the ruling of the court Titanium Investments, the company of Dmitry Firtash representing Crimean Titanium Works in Russia, had to pay 18 million rubles of the environment tax. According to the prosecutor’s office of the Russia-occupied Crimea, the Armyansk town prosecutors found out the company hadn’t paid 49 million rubles to the budget…