On April 14, 13 online auctions will be held to sell subsoil sites, including the Selischansky site with titanium ore reserves. The site is situated in Zhytomir region and its size is 1857 ha. Prospecting work was carried in 2007-2011. The initial price of the 5-year license to develop the site is over 3 million…
MirBlagMet LLC has set its output target for this year on the level of 90 kg of alluvial gold. The company is developing deposits in Amur region. In particular, the gold is extracted at the Bom River and the Dugda River. Sand washing will begin in late May. In 2020, the company extracted 84.5 kg…
Goldregion LLC, developing alluvial gold deposits in Amur region, intends to extract 80 kg of gold this year. The company owns a license to develop the Malaya Gelenka deposit and is prospecting at the Asmakan site. Sand washing will start in late May – early June. Last year, the company extracted 77 kg of gold.…
In March, Ukraine exported 59.3 thousand tons of ferroalloys valued at $74.7 million, down by 1.4%, but up by 12.6% YoY respectively. According to the customs statistics, in Q1 exports dropped by 25.8%, to 147.7 thousand tons, valued at $172.2 million, down by 17%. The share of the ferroalloys in exports was 1.25%. The main…
In January-March, Ukraine increased ferrous metals scrap exports 4.3-fold YoY, to 49.11 thousand tons, including 18.92 thousand tons in March. According to the State Customs Statistics, in monetary terms exports grew 5.7-fold, to $16.65 million. Imports went up by 85.2%, to 5.61 thousand tons valued at $9 million, up 2.5-fold. The main suppliers were Turkey…
In 2020, VTB provided 2.5 billion rubles to gold extractors of Yakutia, up by 2% YoY. The volume of precious metals bought in Yakutia grew by 9%, to over 4 tons, including 3.7 tons of gold (+4%) and 0.3 tons of silver (+125%). “In the corona-stricken year of 2020, the prices of gold and other…
In January-March, Ukraine decreased iron ore raw materials exports by 4.8% YoY, to 10.659 million tons valued at $1.72 billion, up by 95.1%. According to the State Customs Service, China imported the most in monetary terms (43.43%), followed by Poland (9.42%) and the Czech Republic (8.77%). Imports amounted to 1.053 thousand tons at $47 thousand…
Electrostal has been idle since December 2020. In Q1 2020, it produced 29 thousand tons of metal. The company did not operate from January 2020 till mid-March 2020, but then partially resumed operation. After that the company has been operating at the third of its capacity or even less. (Ukrainian metal)