This year, the gold-extracting company Podgolechniy, a part of Seligdar, intends to produce 173 kg of gold. The company will process 500 thousand tons of ore from the Yasnaya Polyana deposit in the Republic of Sakha (Yakutia). Seligdar acquired the deposit in 2018. Its S1 reserves amount to 287.02 kg of gold and R1 to…
Metinvest has started supplying metal for the active stage of construction of the first “steel building” in Ukraine in Mariupol. Azovstal intends to provide over 330 tons of steel structures, with around a hundred to be delivered until the end of May. The frame of the building will be made of metal structures, while the…
In January-April, Ukraine increased nickel imports by 22.4%, to $32.75 million ($9.428 million in April), aluminum – by 10%, to $129.966 million ($34.997 million), lead – 3.1-fold, to $4.603 million ($1.04 million), tin – by 43.5%, to $1.145 million ($402 thousand), and zinc – by 90.7%, to $28.139 million ($9.561 million). According to the State…
In January-March, Kyrgyzstan exported 2.448 tons of gold valued at $140.3 million as opposed to 4.183 tons at $212.9 million in Q1 2020. In 2020, the state already expected the decrease in gold output. According to the Ministry of Economy, this year Kumtor will decrease output by 4.3% mostly due to lower gold content in…
In January-April, Ukraine increased imports of copper and copper wares by 68% YoY, to $50.196 million. According to the State Customs Service, exports grew 3-fold, to $68.051 million. In April, copper imports amounted to $14.532 million and exports – $21.2 million. (Ukrainian metal)
In April, Interpipe shipped the first batch of new wheels to Deutsche Bahn. The ET 442 wheels have a diameter of 840 mm. “The ET 442 wheels are a complex product. Before making the batch, we certified the new structure according to TSI and European standards. Deutsche Bahn was satisfied with the results of the…
As of May 4, Irkutsk region produced 4439.6 kg of gold, down by 23% YoY. In particular, ore gold output decreased by 19%, to 4358.6 kg. Polyus Verninskoye produced 2801.3 kg, Vysochaishiy – 644 kg and its Ugakhan enterprise – 590.2 kg, while Druza – 323.1 kg. Alluvial season started in April, and the output…
The American Nucor has ordered Energomashspetsstal a batch of supporting rolls weighing 150 tons each. The corresponding contract was signed in April. The rolls have to be shipped until October 2022. This is the first cooperation of the parties. (Ukrainian metal)