Russia: Kolyma confirms gold output

Kolyma gold-extracting companies have confirmed the 2017 gold output on the level of 32.7 tons.

In 2018 they have received orders for 32 tons of gold.

At the same time the real forecast for the year is 37 tons. (Ukrainian metal)

Russia: VostokUgol to get UMZ walking excavator

Uralmashzavod has completed the final stage of dragline 11/75 shipping.

The corresponding contract with VostokUgol (Novosibirsk region) was signed in October 2016.

The machine will be operating at the Vostochniy pit and is expected to start working in Q1. (Ukrainian metal)

Russia: 2017 favorable for metal industry

In 2017 metal industry showed positive trends resulting mostly from external factors: the strengthening of the ruble, increase of the outer demand, accessibility of investments, etc. The following factors influenced the metal industry the most: – the increase of world prices by 40% on average, – and the growth of other income 2.2-fold because of…

Ukraine: DTEK gas coal output up in 2017

In 2017 DTEK Energo enterprises mined 22.9 million tons of gas coal, up by 8.2% YoY. According to the group statement, in December 2017 DTEK Pavlogradugol and DTEK Dobropolyeugol mined around 2 million tons of gas coal, up by 2.1% YoY. Last year DTEK Pavlogradugol extracted 20.1 million tons of coal. In 2018 DTEK Energo…

Ukraine: USA sets final duty on wire rod

The US Department of Commerce has set the final volume of the antidumping duty on the import of carbon and alloyed steel wire rod from Ukraine. Duty for ArcelorMittal Kriviy Rih and Yenakievo Iron and Steel Works is set at 44.03%, for other Ukrainian manufacturers at 34.98%. The United States International Trade Commission has to…

Russia: Rusolovo output up in 2017

In 2017 Rusolovo produced over 1 thousand tons of tin, up by 60% YoY. This year the company intends to increase output by 10% YoY. By 2022 the annual ore processing volume is expected to have reached 1 million tons yielding around 6.5-7 thousand tons of tin concentrate a year. Rusolovo is developing the Festivalnoye,…

Russia: UralKuz output up in 2017

In 2017 UralKuz increased output volumes by 28% YoY. Last year the company sold 96 thousand tons of stampings, up by 28% YoY. In December 2017 UralKuz sold over 10 thousand tons of stampings, the maximum for the past 30 years. The metal to manufacture hot-formed products is supplied by Chelyabinsk Iron and Steel Works.…

Russia: MMK recognized as leader in the National Ratings for Procurement Transparency

Magnitogorsk Iron and Steel Works (MMK) occupies the highest position among steel producers in the National Ratings of Procurement Transparency in 2017 in the “Private commercial buyers” category. The awards ceremony for the highest rated organizations took place at Russian Chamber of Commerce and Industry in Moscow. Among the participants were representatives from state, regional,…

Ukraine: Toshkovskaya mine commissions new long face

Toshkovskaya mine (a part of Pervomayskugol, Lugansk region) has put into operation a new long face.

Its length is 200 meters and the reserves are estimated at 150 thousand tons of coal.

With the output of 100 tons per day, the development of the long face will take 4 years. (Ukrainian metal)

Russia: Pavlik gold output up in 2017

In 2017 the gold-extracting company Pavlik obtained 6.5 tons of gold in 2017, up 1.7-fold, or by 66.7%. In 2016 at the Pavlik deposit the company mined 3.9 tons of gold. This year the company intends to obtain 7 tons of gold. The gold-extracting factory at the Pavlik deposit was commissioned in August 2015. In…

Russia: Amur region gold output up in 2017

In 2017 Amur region gold-extracting companies obtained 25.77 tons of gold, up by 15.56% YoY. Ore gold accounted for the most part of the yield – 17.53 tons, with alluvial gold at 8.24 tons. Petropavlovsk provided the most to the ore gold output last year, while the largest producer of alluvial gold was Priisk Solovievsky.…

Ukraine: coal mining down in 2017

In 2017 Ukraine mined 34.92 million tons of coal, down from 40.86 million tons in 2016. The Ministry of energy and coal industry mines obtained 4.83 million tons of coal. The mining plan (5.75 million tons) was 84.2% fulfilled. In 2016 the state mines yielded 5.79 million tons of coal with the target of 7.27…