Russia: MMK increases capacity

In January 2017 the hot-rolling mill-2000 at Magnitogorsk Iron and Steel Works will be halted for capital repairs for 9 days. At present the preliminary works are being carried out at the mill. The overhaul will increase capacity by 150 thousand tons of metal per year. The works will be carried out by the specialists…

Russia: Izhstal receives plane-builder certificate

Izhstal, a part of Mechel, has received the certificate of quality correspondence from one of the major aviation machinery producers in Russia – Aviastar-SP.

Izhstal supplies commercial steel to Aviastar-SP: cold-drawn, calibrated, structural and structural nickel-containing steel. The certificate is valid for 3 years. (Ukrainian metal)

Russia: gold output to increase in 2016

In 2016 Russia plans to produce 297 tons of gold, up by 1.2% YoY.

Last year Russia produced 293.4 tons of gold, up by 2% YoY

In January-September gold output went up by 0.4% YoY, to 219.25 tons. (Ukrainian metal)

Kyrgyzstan: Irisay goldfield to be put up for auction

The State committee of industry, energy and subsurface resources management plans to hold an auction on the goldfield Irisay on December 19.

The starting price of the license for the object is 2.8 million soms ($40.12 thousand). The projected gold reserves are 13180 kg. (Ukrainian metal)

Russia: OMK president Markin congratulates best Trubodetal employees

The Trubodetal Manufacturing Facility (AO Trubodetal, Chelyabinsk, a United Metallurgical Company (OMK) subsidiary) hosted an award presentation ceremony for the winners of the Best Employee competition in honor of Trubodetal’s anniversary. The manufacturing facility’s most successful and effective employees received awards in 24 categories, including worker and engineering occupations as well as for administrative and…

Russia: Chinese firms to buy 5% in Polyus

China’s Zhaojin Mining Industry and Zijin Mining Group are taking part in talks to buy up to 25% in Russia’s largest gold producer Polyus for $2 billion. Zhaojin is considering buying the stake jointly with China’s Fosun. A Qatari investor is also interested in buying into Polyus, sources said. Suleiman Kerimov, the majority shareholder of…

Ukraine: coal output up in October 2016

In October Ukraine (without the Russia-occupied Crimea and ATO zone) mined 2.7 million tons of coal, up by 0.2% YoY and by 5% MoM.

According to the State Service of Statistics, in January-October coal output went up by 4% YoY.

In September coal output dropped by 4%. (Ukrainian metal)

Ukraine: Makeevugol behind coal mining plan

In the first half of November Makeevugol coal target mining was fulfilled by 93.3%. The group still has to mine 2920 tons. According to the company statement, its Kirov mine was ahead of all the rest. In particular, Kholodnaya Balka mined 101.2% of the plan, Kalinovskaya-Vostochnaya – 99.8%, mine named after Kirov – 103.7%, Yasinovskaya-Glubokaya…

Ukraine: DTEK results for January-September 2016

In January-September DTEK mined 22.3 million tons of coal, up by 4.1% YoY, produced 28.6 billion kW-h of electricity, up by 1.7%, yielded 33.6 billion kW-h of electricity, down by 0.1%, and produced 1.2 billion cubic meters of natural gas, up by 33.1%. “We continue developing our companies and have finished two important projects. Pavlogradskaya…

Russia: UGMK to invest 2.2 billion rubles into Gaysky GOK mine

In 2016 UGMK will invest some 2.2 billion rubles into underground mining at the Gaysky Mining and Processing Works.

According to the company statement, this will increase mining capacities to 7 million tons of ore per year.

Gaysky GOK plans to mine 9.2 million tons of ore, slightly down YoY. (Ukrainian metal)

Ukraine: InGOK concentrate up in January-October 2016

In January-October Ingulets Mining and Processing Works produced 9.74 million tons of iron ore concentrate, up by 2.6% YoY.

According to a company representative, in October InGOK produced 880 thousand tons of concentrate, up from 739 thousand tons in September. (Ukrainian metal)

Russia: Severstal processing volumes up

In January-October Severstal-SMC-Vsevolozhsk, a part of Severstal Russian Steel processed over 60 thousand tons of metal, which exceeded the total 2015 results. The company offers a wide range of metal processing services and welded billet production. It operates the first line in Russia on welded billet manufacture for automobile producers. The line is capable of…

Ukraine: Zaporizhstal confirms management correspondence

Zaporizhstal has confirmed the correspondence of its integrated management system to ISO 14001, ISO 9001 and OHSAS 18001.

According to the company statement, the audit has been carried out by Bureau Veritas Certification Ukraine. (Ukrainian metal)

Ukraine: Bublei appointed UAVtormet president

The Ukrainian association of secondary metals (UAVtormet) has elected Vladimir Bubley the president.

Bublei has been the general director of Ceramet since 1995.

UAVtormet, founded in 1999, unites scrap companies of Ukraine, which provide for some 75% of scrap processing. (Ukrainian metal)

Russia: Susumanzoloto elects CEO

Susumanzoloto board of directors has elected the chief technician and acting general director Alexander Chugunov CEO of the company. Chugunov has been appointed for 5 years. Susumanzoloto is among top-10 gold producers in Russia. In 2015 the company and its subsidiaries mined 4234.4 kg of gold, up by 6.58% YOY. This year it plans to…