In April-June, Verninskoye deposit yielded 2115 kg of refined gold, almost on par with the Q1 results. Dore gold output went up from 2021 kg to 2239 kg, mostly due to the increase in processing. Average gold content in ore was 2.11 g per ton as opposed to 1.99 g in Q1. Processing increased by…
In January-June, Sukhaya Balka decreased iron ore output by 4.8% YoY, to 1.3 million tons. In June, the enterprise produced 213 thousand tons. Last year, output grew by 0.3%, to 2.727 million tons. The capacity of the enterprise is 3.1 million tons per year. (Ukrainian metal)
In January-June, the rolled metal market volume amounted to 2.131 million tons, up from 2.021 million tons in H1 2019. The share of import decreased from 32.7% to 24.9%. Thus, while the market volume increased by 5.5% YoY, the share of import fell by 7.8%. CIS was the largest supplier with the share of 39.2%,…
Altynalmas has put into operation a gold-extracting factory “Dolinnoye” at the Aktogay site in Karaganda region. The capacity of the factory will be 2.5 million tons of ore per year. With the commissioning of Dolinnoye, Altynalmas processing capacities at Aktogay increase to 5.2 million tons of ore and rock excavation – to 50 million tons.…
This year, Ukraine is expected to decrease steel output by 3% YoY, to 20.318 million tons. According to the Ministry of economy, trade and agriculture development, rolled metal output is expected to drop by 0.3%, to 18.155 million tons, while pig iron output will not change, remaining at 20.065 million tons. The forecast was made…
In January-June, Interpipe Steel decreased steel output by 17% YoY, to 393.2 thousand tons. In June, the works produced 60.3 thousand tons of steel. In 2019, output totaled 854.5 thousand tons, down by 4.2% YoY. (Ukrainian metal)
In January-June, Ukraine decreased titanium-containing ore and concentrate export by 9.6% YoY, to 284.5 thousand tons valued at $68 million, down by 12%. According to the customs statistics, Mexico was the largest customer accounting for 21.1%, followed by Russia (14.91%) and Egypt (13.96%). In 2019, export grew by 3.6% YoY, to 620.9 thousand tons valued…
Poltava Mining and Processing Works has commissioned a new technological complex “Section No. 9” of the processing factory. Investments in the project exceeded 3 billion UAH ($100 million). This allowed paying some 400 million UAH to the budget and will bring 300 million UAH each year. The project will enable the company to additionally produce…
