Since the start of the alluvial season, MirBlagMet LLC, developing deposits in Amur region, has extracted 45 kg of gold. This year, the company intends to extract 90 kg of gold. MirBlagMet is operating at two licensed sites along the Bom and Dugda Rivers. In 2020, output totaled 84.5 kg and in 2019 – 102.8…
In January-July, Kazakhmys and Kazzinc decreased copper output by 11%, lead – by 18% and zinc – by 6% YoY. Copper wire rod manufacture dropped by 7% and gold – by 3%. At the same time, production of gold in ingots went up by 12%, copper cathodes – by 30% and silver in granules –…
In January-May, Russia produced 102.36 tons of gold, down by 1.87% YoY. In particular, the output of extracted gold was 83.7 tons, down by 3.1%, auxiliary gold – 6.14 tons, down by 6.57%, and secondary gold – 12.52 tons, up by 12.39%. Silver output grew by 5.9%, to 375.94 tons, with extracted silver at 160.93…
In July, Ukraine decreased iron ore and concentrate export by 6.3% YoY, to 3.64 million tons valued at $782.03 million, up 2.4-fold. According to the State Statistics Service, in January-July exports totaled 26.1 million tons, down by 3.5%. At the same time revenue grew 2.1-fold, to $4.7 billion. China was the main customer with the…
In January-July, Ukraine exported 334.6 thousand tons of scrap, up 20-fold YoY. Import amounted to 14.8 thousand tons, up by 39.1%. Scrap procurement grew by 43.1%, to 2.34 million tons. Metal companies received 1.9 million tons of scrap, up by 23.1%. (Ukrainian metal)
In January-July, Almalyk Mining and Processing Works exported 55.061 thousand tons of copper, up by 19.6% from the forecast. In particular, copper cathodes accounted for 45.766 thousand tons, up by 9%, copper wire rods – 6.188 thousand tons, up by 181.3%, and copper pipes – 3.107 thousand tons, up by 68%. Zinc exports exceeded forecasts…
Global Analytica LLC has won a Prozorro.Sales auction to use a part of subsoil with the reserves of copper ores “Zalesy-Shmenki” with the size of 2336.7 ha. The company offered 122.2 million UAH, up five-fold from the starting price. The land plot is located in Volyn region. Reserves are estimated at 160 thousand tons. The…
In 2023, Uzbekistan Iron and Steel Works intends to hold its IPO at a foreign exchange. The corresponding roadmap was approved by the Ministry of Finances and the deputy Prime Minister Jamshid Kuchkarov. Uzmetkombinat has also started work on issuing eurobonds. The company is negotiating the issue with a number of investment banks. Prior to…