Russia: large gold deposit found in Bashkortostan

Specialists of Severo-Kavkazskoye manufacturing and geological enterprise, a part of Rosgeologia, have discovered a gold ore interval with the size of 28.4 meters and average gold content of 4.3 g per ton in the central part of the Yuzhno-Podolskoye ore occurrence in the Republic of Bashkortostan. It has been known for 40 years, but has…

Russia: Volgograd Electrometallurgical Works to be commissioned in 2020

An industrial cluster is being created in Volgograd on the territory of the Khimprom works. In 2020 Volgograd Electrometallurgical Works will start operating there. The plant will produce ferrosilicon. At first the company will manufacture 24 thousand tons per year, but there are already plans to increase capacity. Some 150 jobs will be created. Investments…

Russia: MMK implements digitalization program in partnership with Deloitte CIS

Deloitte CIS has completed an assessment of MMK’s digital maturity and transformation potential as part of MMK’s digitalization strategy. The joint team applied Deloitte’s global experience to analyze MMK’s current digital initiatives and future potential. Currently, as part of the company’s Industry 4.0 initiative, MMK is implementing more than 20 projects, dozens have been completed…

Kyrgyzstan: Solton-Sary investor to leave country

Prime Minister of Kyrgyzstan Mukhammedkaly Abylgaziev held a meeting on the situation at Solton-Sary field, located in Naryn region. During the meeting, its participants heard information of the Minister of Internal Affairs Kashkar Dzhunushaliev about the incident that occurred near Solton-Sary field and the measures taken to ensure public order and security. The Head of…