This year, Zheltuginskaya Mining and Ore Company LLC, a part of Kurilgeo LLC, will invest 2.251 billion rubles in the development of the Klyuchevskoye gold deposit tailings in Zabaikalye region. Capital expenditures will amount to 2.111 billion rubles, with the rest to be spent on operational and financial activities. The company has started carrying out…
Severniy Mining and Processing Works will spend over 3 billion UAH to construct a complex to thicken processing waste. The complex will decrease expenses and environment impact by lowering energy consumption and water usage. The complex, the second of its kind in Ukraine, will be designed by Engineering Doberse, Germany. The first complex is used…
Secretaría de Economía of Mexico has prolonged the antidumping duties on the import of carbon steel hot-rolled sheets originating from Ukraine and Russia for 5 years. The duty was set on March 28, 2000 in the amount of 30.31% for Russia and 46.66% for Ukraine. On March 17, 2006 the duty was prolonged for the…
UnisTrade has been registered as a resident of the Grodnoinvest free economic zone. The company intends to produce metal structures. The commission of the first stage of the manufacture is scheduled for late 2022. Investments in the project will exceed EUR 3 million. UnisTrade is one of the largest metal wares manufacturers in Belarus. (Ukrainian…
In 2020, Pobuzhye Ferronickel Plant increased ore processing by 3.1% YoY, to 13.96 million tons. This equals 73.7 thousand tons of ferronickel, down by 1%, or 14.7 thousand tons of nickel, up by 3.7%. Profits amounted to 3.4 million UAH. PFK paid 125.4 million UAH of taxes, up by 19%. This year the company plans…
Interpipe has announced the launch of a new project “Business-partnership with Interpipe” for the suppliers of materials, equipment and services. The participants who will have the best ideas on the modernization and optimization of processes at Interpipe’s enterprises will be able to conclude a contract and carry out their project. Interpipe is cooperating with over…
The Far Eastern District Department on Subsoil Use (Dalnedra) has announced three auctions to prospect for gold in the Republic of Buryatia, Primorye region and Chukotka Autonomous District. Work at each site must be carried in three stages until the end of 2023. The combined cost of the auctions is 853.05 million rubles. The first…
In 2020, Dneprospetsstal received a net loss of 887.843 million UAH as opposed to a net profit of 78.131 million UAH in 2019. Uncovered losses amounted to 2.857 billion UAH. Current liabilities grew 2.2-fold, to 5.05 billion UAH, while fixed liabilities dropped by 66.4%, to 1.26 billion UAH. Accounts receivable decreased by 10%, to 927.061…