The Mine named after Tikhov has shipped the first train of coal via the new railroad. Investments in the infrastructure creation totaled some 1 billion rubles. In particular, Proektnaya station and the Tikhov station have been built, as well as 8.8 km of railroad. With the new infrastructure the mine will be able to annually…
In June Russia imported 48.5 thousand tons of flat galvanized rolled metal, down by 35% MoM and by 32% YoY. In 6 months imports totaled 339 thousand tons, down by 0.4% YoY. China supplied 31% of metal, up 2-fold. Average price on the Russian border was $717 per ton without VAT. It is followed by…
In June Russia imported 40 thousand tons of galvanized metal with polymer coating, up by 17.9% MoM, but down by 17.2% YoY. According to the customs statistics, in 6 months imports totaled 182.7 thousand tons, up by 1.5% YoY. China supplied the most products – 43%, up by 9.5%. Average price on the Russian border…
Being one of the leading sectors in the economy of Azerbaijan, mining industry holds the largest share in the industrial production. Enjoying an increase in the production of precious metals, such as gold and silver, Azerbaijan also sees growth in the mining products exports. The country exported 2,302 kg of gold worth $70.4 million to…
Azovstal Iron and Steel Works has finished reconstruction of the dust-exhaust system in the crushing division of its converter shop. Under the project valued at 8.1 million UAH, Lamellen-Jet purifying equipment has been installed. The trial operation has confirmed the purification system corresponds to the best European practices. Azovstal started repairing the converter shop in…
In January-June automobile transportation of metal and mining products decreased. In particular, transportation of iron ore fell by 40%, to 415.3 thousand tons, and of metal – by 15.6%, to 1.49 million tons. According to the State Statistics Service, transportation of iron, steel, pig iron and ferroalloys dropped by 2.4%, to 370 thousand tons, of…
As of August 1, Magadan region has extracted 23.791 tons of gold, up by 4886 kg YoY. Tenkinskiy city district provided the most ore gold – 11496.1 kg. Alluvial gold output totaled 8022.8 kg, with the most gold contributed by Yagodinskiy city district (3304.6 kg). The region has also mined 388.4 tons of silver. The…
MirBlagMet LLC, developing alluvial gold deposits in Amur region, has since the start of the season obtained 73 kg of gold. The rise of the water level in the Dugda River, where the company is operating, has complicated the sand washing. If the water level continues increasing, the company will have to suspend operation. At…