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Author Archives: admin

Russia: Severstal says 7 more employees probably contract coronavirus

SeverstalBy admin31.03.2020Leave a comment

Seven more employees of Russian steel producer Severstal have possibly contracted the COVID-19, the company said in a statement on March 30. “Severstal advised that the diagnosis was confirmed for an employee who was suspected to have the coronavirus. Seven more probable cases of coronavirus were detected during tests of the people who contacted him…

Ukraine: Lvivugol orders 13 million UAH worth of mine self-rescuers

LvivugolBy admin31.03.2020Leave a comment

The state enterprise Lvivugol has ordered Stensils Capital LLC the delivery of mine self-rescuers valued at 13.3 million UAH. This year the company has to supply 1400 mine isolating self-rescuers manufacture by Dezega SP, Turkey with a year warranty at 9.5 thousand UAH apiece. The price of the agreement was 112 UAH below the expected…

Ukraine: Chasov Yar Refractory Works profits in 2019

Chasov Yar Refractory WorksBy admin30.03.2020Leave a comment

In 2019, Chasov Yar Refractory Works received 102 thousand UAH of net profit, as opposed to a net loss of 5.18 million UAH in 2018. Current liabilities decreased by 47.4%, to 25.8 million UAH, but fixed liabilities grew by 31.2%, to 18 million UAH, with accounts receivable down by 12.1%, to 30.6 million UAH. The…

Azerbaijan: precious metals market on March 23-27, 2020

precious metalsBy admin30.03.2020Leave a comment

Last week, the price of one ounce of gold increased by 265.88 manats ($156.4) or by 10.6%. The average price of one ounce of gold stood at 2,767 manats ($1,627). The price of one ounce of silver grew by 4.2236 manats ($2.4) or by 20.7%, to 24.596 manats ($14.4). The price of one ounce of…

Russia: Rosterminalugol exports 6 million tons of coal

coalBy admin30.03.2020Leave a comment

As of March 26, Rosterminalugol has exported 6 million tons of coal. Last year, this result was achieved on April 17. The 6-millionth ton was loaded onto the Mega Benefit, which transported 75.5 thousand tons of coal. (Ukrainian metal)

Russia: Khabarovsk region gold output up in January-February 2020

goldBy admin30.03.2020Leave a comment

In January-February, Khabarovsk region produced 1385.3 kg of gold, up by 4.8% YoY. Only companies developing ore gold deposits are operating at the moment. Alluvial gold extraction will start in May-June. (Ukrainian metal)

Russia: Petropavlovsk to buy Elginskoye field until June 2020

PetropavlovskBy admin30.03.2020Leave a comment

Petropavlovsk Plc has corrected an option agreement with Agestina Ltd (Cyprus) to buy 25% in TEMI LLC, which owns a license to develop the Elginskoye ore field. The amendments presuppose a fixed cost of new shares in the volume of £0.179 per share, with the pound sterling rate of $1.3206. This will allow Petropavlovsk decreasing…

Ukraine: EMSS to increase sales in 2020

EnergomashspetsstalBy admin30.03.2020Leave a comment

In 2019, Energomashspetsstal manufactured products worth 1.94 billion UAH. This year the company intends to sell 3.71 billion worth of products. The number of employees as of early 2020 totaled 1,437 people. Last year the company shipped 20 thousand tons of products to customers. The key clients were the Kudankulam NPP (India), Akkuyu NPP (Turkey)…

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