Kyrgyzstan: mining works to be resumed at Kumtor mine

Mining, drilling and blasting operations will be resumed at Kumtor gold mine in the coming days, the Chairman of the Central Committee of the Mining and Metallurgical Trade Union Eldar Tadzhibaev has announced. According to him, Kumtor Gold Company CJSC received the necessary permission from the state bodies. The State Committee for Industry, Energy and…

Ukraine: ferroalloys export and import in 2019

In 2019 Ukraine decreased ferroalloys exports by 7.8% YoY, to 833.608 thousand tons, valued at $910.172 million, down by 6.9%. According to the State Customs Service, the main customers were Italy (17.44%), Turkey (16.13%) and the Netherlands (9.61%). Last year Ukraine imported 44.411 thousand tons of ferroalloys, down by 26.4% YoY, valued at $130.522 million,…

Russia: Ufaleinickel property auctioned

The property of the bankrupt Ufaleinickel has been put up for sale for 568 million rubles. Ufaleinickel was a city-forming enterprise, employing 2.5 thousand people. The operation was suspended because of the low price of products. The initial price of the auction is 568.699 million rubles. It will decrease by 10% each 10 calendar days…