Ukraine: scrap export up in January-April 2021

In January-April, Ukraine exported 86.98 thousand tons of ferrous scrap (including 37.87 thousand tons in April), up 7.5-fold YoY, valued at $30.7 million, up 10-fold. According to the State Customs Service, imports grew by 36.1%, to 7.76 thousand tons valued at $13.01 million, up 2.1-fold. The main suppliers were Turkey (61.77% in monetary terms), Russia…

Russia: gold output down in Q1 2021

In January-March, Russia produced 58.02 tons of gold, down by 4.6% YoY. The share of extracted gold was 80.7%, or 46.85 tons, down by 2.6%. Amur region demonstrated the largest drop – to 3.8 tons from 6.6 tons in Q1 2020. Krasnoyarsk region produced the most gold – 11.8 tons, up by 0.6%, followed by…

Russia: Orsu Metals not to buy Aleksandrovskiy GOK

The British Orsu Metals, developing the Sergeyevskiy gold ore deposit in Zabaikalskiy region, has backed out of buying the Rudnik Aleksandrovskiy, which develops a deposit with the same name in the region. The companies earlier had a deal to sell the Aleksandrovskiy Mining and Processing Works. Moreover, the Sergeyevskoye ore was even processed at the…