The physical volume of deals with gold on the Moscow Exchange fell by about 60% YoY, to 11.64 tons in January-September, the exchange said in a statement. Deals with silver more than doubled to 7.334 tons. In monetary terms, gold and silver deals amounted to 29.6 billion rubles, down from 76.1 billion rubles in the…
Nikopol Ferroalloy Plant has sued Privatbank demanding 22 million UAH, which have been paid by the company to the National Bank of Ukraine for the amicable agreement. The funds are Privatbank’s debts on refinancing. As the bank previously belonged to Igor Kolomoysky and Gennadiy Bogolyubov, the enterprises, affiliated with it, acted as bails. When the…
In July Russia exported 254.7 tons of tungsten ore and concentrate, down by 17.8% MoM, but up by 146.7% YoY. Deliveries to Austria remained unchanged at 60 tons, but to Korea dropped by 32%, to 126 tons. In 7 months exports totaled 1.2 thousand tons, up by 79.5% YoY. In monetary terms since the start…
Evraz KGOK has put a new NP-1 locomotive in operation. Until the end of the year another similar locomotive will be commissioned. The machines will be used both at the operating quarries and in the development of the new Sobstvenno-Kachkanarsky deposit of titanium-magnetite ores. The locomotive with two engine dump-cars can drag 11 loaded dump-cars…
Sberbank Leasing will lease special machinery to the international gold-extracting company Nordgold. Under the agreements, the company will finance the purchase of HD 785-7 quarry dump trucks and Komatsu PC2000BH-8 excavators. The machines will be supplied by Sumitek International LLC. The special machinery is needed to develop the Gross mine, the main Nordgold asset in…
In September RZD throughput totaled 106 million tons, down from 109 million tons in August and 108 million tons in July, as well as down by 1% YoY. In 9 months throughput decreased by 0.9%, to 956.6 million tons. Iron and manganese ores accounted for 89.2 million tons, up by 3.2% YoY. Transportation of ferrous…
Interpipe and BelAZ have concluded an agreement on strategic partnership, which presupposes that the cooperation between the companies in railroad wheels sphere in 2019-2020 will be expanded. In particular, under the agreement the companies intend to increase railroad wheels deliveries from Ukraine to Belarus to 6 thousand pieces in 2019 and to 20 thousand pieces…
In September Zaporizhstal decreased pig iron output by 2.7% YoY, to 375 thousand tons. Steel manufacture dropped by 3.3%, to 341 thousand tons, and rolled metal – by 6.1%, to 277.8 thousand tons. In 9 months pig iron output decreased by 3%, to 3.22 million tons, steel – by 2.8%, to 3.032 million tons and…