Russia: Khabarovsk krai yields 17.6 tons of gold

In January-September Khabarovsk krai obtained 17.588 tons of gold, up by 19.1% YoY. In particular, ore gold amounted to 13.891 tons, and alluvial gold – 3.696 tons. Silver output totaled 47.282 tons, up by 41.8%. Gold output increase was due to Svetloye LLC (Polymetal), Mnogovershinnoye (Rusdragmet LLC) and Amur Zoloto (Russian Platinum). Okhotskaya Mining and…

Russia: Q3 2017 NLMK Group trading update

In July-September steel output grew to 4.4 million tons, by 6% QoQ and by 8% YoY, due to increased output at NLMK’s Russian divisions driven by the seasonal uptick in demand on the Russian market. Group sales grew by 1% both QoQ and YoY, to 4.24 million tons. Key growth factors: seasonal growth in demand…

Ukraine: Lvivugol orders 4 million UAH worth of miner’s lamps

The state enterprise Lvivugol has ordered A.S. Group LLC the delivery of miner’s lamps valued at 3.74 million UAH.

The company will supply 2780 lamps at 1345.56 UAH apiece.

4 companies submitted offers to participate in the trade, but only two were allowed.

A.S. Group LLC competitor was Forma Trade LLC. (Ukrainian metal)

Kyrgyzstan: Jerui development postponed

Russian Platinum has postponed the start of the Jerui deposits development for 2 years. According to the license, this year a gold-extracting factory should have started operation at the site. But Russian Platinum just starts preparation works. For the delay the company will be fined $100 thousand each month. Jerui was supposed to yield some…

Russia: TMK supplies compressor-pump pipes with TMK UP PF joints to Surgutneftegaz

TMK has for the first time supplied its compressor-pump pipes with the premium TMK UP PF joints to Surgutneftegaz.

The first batch of pipes has been successfully installed at the Dunaevskoye deposits.

TMK share on the Russian market of premium joints in 2016 was 76%. (Ukrainian metal)

Russia: new ChTPZ pipe division CEO appointed

Boris Kovalenkov, the head of the Rimera Group of Companies, has been appointed CEO of the ChTPZ group pipe division. The corresponding decision has been taken by the group board of directors. From October 16, Kovalenkov is responsible for the management of the pipe division, the improvement of its efficiency, as well as financial and…

Russia: Metalloinvest’s HBI-3 Plant recognized as the best investment project in 2017

Metalloinvest’s third hot briquetted iron (HBI) production facility, HBI-3 Plant, has won the “Investment Project of the Year” prize at the Russian Mining Excellence Awards 2017; HBI-3 Plant was launched at Lebedinsky GOK in July. The awards ceremony took place at MINEX Russia 2017. Independent experts praised HBI-3 Plant, the largest in Russia and one…

Ukraine: SevGOK puts new drilling mills in operation

Severniy Mining and Processing Woks has put into operation two Atlas Copco diesel and electric drilling mills at the Pervomaysky quarry.

The mills cost 63.4 million UAH.

The new machines will allow the company to gradually increase output and improve both product quality and working conditions. (Ukrainian metal)

Russia: Severstal introduces digital predictive model to prevent failures at mill-2000

Cherepovets Iron and Steel Works, one of the world’s largest integrated steel plants (a part of Severstal’s Russian Steel division), has launched the commercial operation of a digital predictive model to prevent failures at the hot rolling mill 2000 and thereby reduce its downtime. This model calculates the probability and risk of the pinion stand…

Ukraine: Evraz Sukhaya Balka still not renamed

The Evraz Sukhaya Balka shareholders meeting scheduled for October 11 did not take place.

According to the company statement, the meeting was postponed till November.

This meeting had to rename the company and make amendments to its charter documents. (Ukrainian metal)