Interpipe has appointed Andrey Burtsev a new director on pipe sales in Ukraine, Near East, Africa and Asia. Burtsev started working in his new office on September 1. In addition to sales on Near East, African and Asian markets he will also be responsible for Interpipe commercial activity in Ukraine. Andrey Burtsev has been working…
Dalpolymetal, the largest lead concentrate producer in Russia, will invest 1.3 billion rubles in the project of its modernization. In the next 10 years the company intends to carry out 130 km of excavation, or 25% of what has been done in 129 years. In late August Dalpolymetal was added to the list of regional…
The territory of advanced development Zabaikalye has welcomed a new resident – Mangasea Zoloto, a daughter company of Daltsvetmet. It will construct a mining and processing enterprise and a gold-extracting factory with the capacity of up to 1 million tons of ore per year on the basis of the Nasedkino deposit. When the enterprise reaches…
Magadan region, Gazprombank and RusHydro will help Pavlik construct the second stage of Pavlik Mining and Processing Works, which will increase ore processing to 10 million tons per year. At present the company capacity is around 4 million tons of ore (8 tons of gold) per year. When the second stage of the plant is…
A new machine to control the inner diameter of the casing pipes has been commissioned at the Seversk Pipe Works. The machine has been developed and produced by the company laboratory specialists. This is the third such machine at the pipe shop No. 1. They control the quality of all casing pipes produced at the…
In August the shop of steel formed section of Severstal-Metiz set another record having made 8,960 pressings with the pressure of 2 thousand tons. In particular, tool manufacture reached 1 thousand pieces. “In 2017 we carried out a large-scale reconstruction of press equipment and renewed our manufacturing park of the tool shop. This helped us…
In June Russia exported 25.7 tons of long-rolled nickel products, down by 3.3% MoM and by 38.5% YoY. Exports to Hungary are growing, reaching 14.3 tons in June, up 2-fold MoM. At the same time deliveries to Ukraine fell 2-fold, to 1.7 tons, and to Latvia – to 2.3 tons. In 6 months exports totaled…
Last week the price of one ounce of gold decreased by 11.4495 manats or by 0.4%. Accordingly, the average price of one ounce of gold stood at 2,603.1114 manats. The price of one ounce of silver increased by 0.2987 manats or by 0.9%, to 32.0191 manats. The price of one ounce of platinum went up…