Kyrgyzstan: seven fields to be put out to tender

It is planned to put out to tender the promising deposit Sulukta, Kadamdzhai, Kara-Keche, Tuyuk-Kargasha, Togolok, Naukatskoe and Dzhetim in 2019, the Chairman of the State Committee for Industry, Energy and Subsoil Use Emil Osmonbetov said. The Prime Minister Mukhammedkaly Abylgaziev has held a meeting on the situation in the mining industry. He stressed the…

Russia: NLMK capitalization overtakes AM’s

On June 4, NLMK for the first time outran the largest ferrous metals company in the world – ArcelorMittal – by capitalization. At the closing of the LME trade, NLMK was estimated at $15.88 billion. The capitalization of AM at the NYSE was $15.7 billion. At the same time in 2018 ArcelorMittal produced 92.5 million…

Russia: Vitim obtains 430 kg of gold

Since the start of the washing season the Vitim team has extracted 429 kg of gold on the territory of the Irkutsk region. Last year the result was 408 kg. This year the enterprise intends to obtain 2800 kg of gold. Thus, the output plan has been 15.3% fulfilled. In 2018 the yield was 2936…