Russia: Lena extracts 71.4 kg of gold

Since the start of the alluvial gold season, the Lena miners team LLC has extracted 71.4 kg of gold in Irkutsk region, down by 9% YoY. Work started in May. This year, the company intends to extract 200 kg of alluvial gold. While last year the target was 355 kg, Lena extracted 350.3 kg. Sand…

Ukraine: scrap procurement up in H1 2021

In January-June, Ukraine procured 1.97 million tons of scrap, up by 42.2% YoY. The growth was due to high purchasing prices and the activity of exporters. Deliveries to metal companies went up by 26.3%, to 1653.3 thousand tons. Exports amounted to 230.9 thousand tons, up almost 14-fold YoY. Imports totaled 12.6 thousand tons, up by…

Ukraine: ferrous metals export revenue up in H1 2021

In January-June, Ukraine exported 9.86 million tons of ferrous metals valued at $6.11 billion, up by 6.1% and by 56.7% YoY respectively. The export of scrap totaled 230.9 thousand tons (up considerably), pig iron – 1478.6 thousand tons (+0.6%) and semi-finished products – 3636.8 thousand tons (-0.2%). Semis accounted for 36.9% of exports, raw materials…

Ukraine: Onur buys 37.5% in gold extractor

Turkish Onur Taahhut Tasimacilik Insaat Ticaret Ve Sanayi Anonim Sirketi bought a 37.5% share in Spys Ukraina LLC, which in December 2020 won a tender to develop the Zheltye Vody gold-bearing field in Dniepropetrovsk region. Now all the owners of the company are either registered in Turkey or are Turkish citizens. (Ukrainian metal) Spys Ukraina…