Kyrgyzstan: problems with Kyrgyzaltyn mines

Problems of Makmal reached the walls of the Parliament. Last week, the state of affairs at the gold mine was discussed by the parliamentarians of the committee on the fuel and energy complex and subsoil use. It was also attended by the head of Kyrgyzaltyn Almaz Alimbekov. He said that Makmal reserves were depleted. With…

Ukraine: coal imports in January-February 2017

In January-February Ukraine imported 2.46 million tons of coal valued at $357.59 million. According to the State Fiscal Service, Russia supplied $247.24 million worth of coal, or 69.1% of the total imports, USA – $65.4 million (18.3%), and Kazakhstan – $20.45 million (5.7%). Other countries supplied 6.9% of all coal, or $24.51 million. Coal imports…

Azerbaijan: AzerGold to produce over 1 ton of gold

The AzerGold company, which is engaged in exploration, development and management of non-ferrous metal deposits, plans to produce almost 1.3 tons of gold and two tons of silver at the Chovdar mine in Azerbaijan’s Dashkasan district in 2017, according to the report on the activities of the Azerbaijani government for 2016. In the subsequent years,…

Ukraine: scrap exports up in January-February 2017

In January-February Ukraine exported 17.78 thousand tons of ferrous scrap valued at $3.655 million, up by 77.9% and by 70.7% YoY respectively. Scrap imports increased by 63.2% YoY, to 6.755 thousand tons, valued at $4.878 thousand, up 4.1-fold. Turkey (79.87%), Moldova (16.6%) and Russia (3.5%) were the main suppliers of scrap, with Turkey (92.97%), the…

Ukraine: ferrous metals revenue up in January-February 2017

In January-February Ukraine exported $1.346 billion worth of ferrous metals, up by 46.3% YoY. According to the State Fiscal Service, ferrous metals amounted to 21.48% in the total export as opposed to 19.48% in January-February 2016. In February ferrous metals export revenues reached $691.81 million. In January-February Ukraine imported $114.98 million ($60.53 million in February)…