Since the start of the season, Druzhba LLC has extracted 50 kg of alluvial gold. This year, the company operates in the Razdolniy Brook valley. The output target is 124 kg of gold. Thus, it has been 40% reached. In 2019, Druzhba extracted 144.6 kg of gold and in 2020 – 151.8 kg. (Ukrainian metal)
Metinvest, an international vertically integrated mining and metallurgical group of companies, will act as the general partner of the international forum “Decarbonization of the Steel Industry: a Challenge for Ukraine,” which will be held in Kyiv on July 14. According to the company’s press release, an event on the topic that has been discussed by…
The State Service of Geology and Subsoil of Ukraine has held a repeated auction to sell special licenses for the land plot of the Zalesy-Shmenki ore field with copper ore reserves in Volyn region. The size of the land plot is 2337 ha. Copper reserves are estimated at 95 thousand tons. The Symbol foundry has…
Metinvest intends to stop producing steel using open-hearth furnaces operating at Zaporizhstal. “I think, when our pollution allowances expire, we will shut down these furnaces”, Metinvest CEO Yuri Ryzhenkov has said. After that Zaporizhstal will remain a pig iron enterprise to be shut down in due time, or electric arc manufacture will have to be…
In January-May, Chukotka yielded 43.7 tons of silver, up by 7% YoY. 4 enterprises produce silver in the region. The Chukotskaya Mining and Geological Company (ChGGK) is operating at the Kupol gold and silver deposit. Severnoye Zoloto LLC is operating at the Dvoynoye gold and silver deposit, Rudnik Valunistiy LLC owns a license for the…
Since the start of the year, Ukrzaliznytsia has successfully held 43 auctions to sell scrap in the Prozorro.Sales system. During auctions UZ generated 1.185 billion UAH of additional income. The company sold 1.03 billion UAH worth of ferrous scrap and 151.6 million UAH worth of non-ferrous scrap. Recently during 12 auctions the company has sold…
In January-April, Severniy Mining and Processing Works increased pellets output by 21.2% YoY, to 2.28 million tons. Iron ore concentrate manufacture grew by 2.1%, to 4.32 million tons. In April, SevGOK produced 460 thousand tons of pellets and 1.1 million tons of concentrate. (Ukrainian metal)
Elconskiy Mining and Processing Works, a part of the ARMZ uranium holding, intends to start mining gold at the Severnoye deposit of uranium in Yakutia. The plant has announced an auction for excavation works with the highest price of 750 million rubles. Excavation work will amount to 866 cubic meters. The work has to be…