Russia: Atomredmetzoloto to mine gold in Yakutia

Atomredmetzoloto intends to start mining for gold at the Severnoye deposits in Yakutia. The Severnoye uranium deposits are a part of the Elkon uranium ore district. The designing of the uranium works was put on hold in 2011 after world prices fell drastically following the Fukushima accident. In 2019-2020 the company will carry out prospecting…

Ukraine: Lvivugol clears 2017 salary debts

On February 16 the state enterprise Lvivugol cleared its salary debts of 2017.

In particular, the enterprise received 10 million UAH from the state company Coal of Ukraine.

On January 4 Coal of Ukraine transferred 21 million UAH to pay salary to Lviv miners for November 2017. (Ukrainian metal)

Ukraine: Yuzhnodonbasskoye Mine Group orders cage shaft reinforcing

The state enterprise Yuzhnodonbasskoye No. 1 Mine Group has ordered the Girnyk LLC the work to replace reinforcing of the cage shaft valued at 15.17 million UAH.

The works have to be carried within 3 months.

The contractor has to provide a 12-months guarantee. (Ukrainian metal)

Ukraine: AMKR after blockade of Donbas starts purchasing coal and coke in Russia

PJSC ArcelorMittal Kriviy Rih (Dnipropetrovsk region) after blocking the receipt of raw materials from the territory temporarily uncontrolled by Ukraine has started purchases in the Russian Federation. Girish Sardana, the head of the company’s supply department, said that basically the problems in 2017 concerned the supply of raw materials. According to him, “in connection with…

Ukraine: coal output down in January 2018

In January Ukraine mined 2.659 million tons of coal, down by 27.3% YoY. According to the Ministry of Energy and Coal Industry, power-generating coal output dropped by 31.9%, or by 984 thousand tons, to 2.1 million tons, and coking coal – by 2.95%, or by 16 thousand tons, to 559 thousand tons. State mines decreased…

Russia: UEM tellurium output up in 2017

In 2017 Uralelectromed produced 44 tons of tellurium with the purity of 99.95%, up by 2.5% YoY.

Moreover, for the first time the company produced 130 kg of 99.999% tellurium.

UEM commissioned the tellurium production site in 2013.

The cost of the project was 105 million rubles. (Ukrainian metal)

Russia: Evraz NTMK decreases air pollution

In 2017 Evraz NTMK decreased air pollution by 3.7% YoY. Last year the company repaired dust exhaust systems at major divisions, including at three ladle furnaces in the converter shop, foundry shops and slurry utilization site. The modernized machine of dry coke quenching was put into operation in the by-product coke shop. The project will…

Russia: Potanin to buy Abramovich stake in Nornickel

Vladimir Potanin’s Interros Holding has offered Crispian Investments Ltd, affiliated with Roman Abramovich and his partners, to buy its share in Norilsk Nickel.

Interros already has 30.3% in Nornickel. Rusal owns 27.8% and Crispian Investments – 4.95%.

The cost of the shares that Interros wants to buy is estimated at 90 billion rubles. (Ukrainian metal)