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Author Archives: admin

Ukraine: CGOK spends 67 million UAH to buy new mining machines

Central Mining and Processing WorksBy admin24.03.2021Leave a comment

Under its investment program, the Central Mining and Processing Works has spent 67.8 million UAH to buy two new BelAZs 75131 for its mining and transport shop No. 1. The company dump truck fleet now numbers 35 units. Earlier CGOK bought a Liebherr LT 1055 crane for EUR 680 thousand. (Ukrainian metal)

Ukraine: Interpipe ships premium pipes to Uzbekistan

InterpipeBy admin23.03.2021Leave a comment

Interpipe has supplied a batch of UPJ-F premium pipes to Uzbekistan. The customer was Uzbekneftegaz. This was the first time that the company sold 500 tons of casing pipes to a customer in the CIS-states. In half a year, Interpipe shipped almost 2 thousand tons of various pipes to Uzbekneftegaz. (Ukrainian metal)

Ukraine: KZhRK output up in January-February 2021

Krivoy Rog Iron Ore Industrial ComplexBy admin23.03.2021Leave a comment

In January-February, Krivoy Rog Iron Ore Industrial Complex increased iron ore output by 5.7% YoY, to 689 thousand tons. In February, the enterprise produced 359 thousand tons. In particular, the Oktyabrskaya mine yielded 56 thousand tons of ore, the Rodina mine – 114 thousand tons, Gvardeyskaya – 100 thousand tons and Ternovskaya – 89 thousand…

Ukraine: Novovolynsk Foundry down to losses in 2020

Novovolynskiy Casting WorksBy admin23.03.2021Leave a comment

In 2020, Novovolynsk Foundry received a net loss of 18.539 million UAH, as opposed to a net profit of 35.877 million UAH in 2019. Undistributed profit amounted to 163.168 million UAH. The company current liabilities decreased by 30.7%, to 8.448 million UAH, while it had no fixed liabilities. Accounts receivable dropped by 16.5%, to 22.192…

Ukraine: Dneprometiz down to losses in 2020

DneprometizBy admin22.03.2021Leave a comment

In 2020, Dneprometiz received 33.97 million UAH of net loss as opposed to a net profit of 25.28 million UAH in 2019. Undistributed profit as of the end of last year amounted to 60.86 million UAH. Accounts receivable dropped by 3.5%, to 147.15 million UAH. Fixed liabilities grew by 22.6%, to 199.6 million UAH, and…

Russia: Dikt to extract 100 kg of gold

goldBy admin22.03.2021Leave a comment

This year, Dikt LLC intends to extract around 100 kg of gold at the Bolshoy Orel site in Amur region. Preparation work began on March 10. Alluvial season will start until May 1. Some 30 employees will work at the site with 9 bulldozers and 3 excavators. Last year, the output was 100 kg of…

Ukraine: Interpipe revenue down in 2020

InterpipeBy admin22.03.2021Leave a comment

In 2020, Interpipe decreased its revenue by 25% YoY, to $841 million. Concorde Capital expects the EBITDA has decreased by 1%, to $257 million, due to the drop in the pipe segment by 85%, to $5 million, and in railroad products by 10%, to $171 million. The fall will be compensated for by a growth…

Ukraine: EMSS produces 415-ton ingot for Akkuya reactor shell

EnergomashspetsstalBy admin19.03.2021Leave a comment

Energomashspetsstal has completed another stage of producing a bulk reactor shell for the Akkuya nuclear power plant energy unit No. 3. The ingot weighing 415 tons was produced on March 2. The shell will be produced in Q3. The net weight of the shell will be 119.55 tons, diameter – 4.6 m and height –…

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