In January-June, Vostochniy Mining and Processing Works received 579 million UAH of net loss, up 2.1-fold YoY. Net income decreased by 37%, to 705 million UAH. Uranium oxide concentrate output dropped by 45%, to 227.8 tons. (Ukrainian metal)
The Russian government has ordered to auction the right to develop the Kyuchus gold and silver deposit in Yakutia in 2021 with a starting price of 2.21 billion rubles. The deposit shall be used for the purposes of geological study, exploration and production of gold, silver and the associated components and the use of mining…
The state enterprise Mine named after Surgay has signed two agreements on the delivery of anchoring valued at 30.62 million UAH. The equipment will be supplied by Gorno-Promysjlennoye Zavedeniye LLC and Metkrepservice Ltd LLC. The anchoring costs 20.88-20.95 thousand UAH per set. (Ukrainian metal)
In January-July, Interpipe increased wheelset output by 39.3% YoY, to 13.2 thousand tons. In July, the company produced 2 thousand tons of wheelsets, up by 10.1% MoM. Railroad products manufacture grew by 10.4% in July, to 15.5 thousand tons, including wheels by 9.3%, to 12.9 thousand tons, axles – by 1%, to 0.4 thousand tons,…
In January-July, Irkutsk region produced 12.331 tons of gold, down by 11% YoY. Alluvial gold output decreased by 9%, to 4.02 tons, and ore gold – by 12%, to 8.3 tons. The decrease was due to the drop in output at two enterprises developing ore deposits and two – alluvial sites. They are Vysochaishiy, Ugakhan…
In January-July, Interpipe increased pipe output by 18.5% YoY, to 317.1 thousand tons. In July, the company produced 55 thousand tons of pipes, down by 1.3% MoM. In 7 months, manufacture of seamless pipes went up by 29.2%, to 288.3 thousand tons, with OCTG up by 99.3%, to 95.2 thousand tons, linear pipes – by…
Gold mining in Azerbaijan increased by 1.1% and amounted to 2,058 kg in January-July. Silver mining increased by 12.6%, to 2,786 kg. The extracted gold and silver have already been passed for processing. As of August 1, 256,2 kg of mined gold and 194.5 kg of silver stocks were kept in the warehouses of the…
Ukrzaliznytsia (Ukrainian Railways) has concluded an agreement with Interpipe NTZ on the delivery of solid wheels valued at 313.68 million UAH. The cost of one wheel is 30,726 UAH ($1146). UZ has to receive 11209 wheels. The wheels must be produced not earlier than January. (Ukrainian metal)