Russia: RMK gets Mining Award

The Russian Copper Company has been awarded the “Socially responsible company of the year” at the 11th annual “Russian Mining Award”. In 2016-2017 RMK carried out a number of social projects aimed at developing territories around its enterprises and improving the living standards of the population. The company also finances the construction and repair of…

Russia: OMK supplies LDP to Kazakhstan

The United Metallurgical Company has completed the delivery of large diameter pipes with corrosion-resistant coating and joints to Kazakhstan. The volume of the products shipped exceeded 12 thousand tons. Customers were the largest power-generating companies of the country – Kaztransgaz and Kaztransoil, both parts of the national company KazMunayGaz. OMK delivered 1220 mm diameter pipes…

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…