The government of Uzbekistan has drawn up a plan of prospecting works to increase gold reserves from 2020 to 2024 by 474 tons. According to the plan, the gold reserves have to increase due to the opening and the further development of new gold deposits. As of the end of 2019 the gold reserve has…
In January-February Ukraine increased imports of copper and copper wares by 19.7% YoY, to $15.666 million. According to the State Fiscal Service, copper exports dropped by 62.6%, to $11.673 million. In February copper imports totaled $7.447 million and exports – $5.395 million. Nickel imports grew by 9.7%, to $15.794 million ($6.559 million in February), aluminum…
The damage done to Electrozinc by the fire in October 2018 totaled 6.2 billion rubles. The damage was calculated together with indirect economic losses. The fire broke out on October 21, 2018 and spread to 4.5 thousand square meters. One firefighter perished, two more people were injured. The reason of the fire was arson. (Ukrainian…
In January-February Amur region extracted 2675.8 kg of gold, down by 5.2% YoY. At present only ore gold is mined in the region. Alluvial gold extraction will start in April-May. 5 companies are engaged in gold mining, with Petropavlovsk in the lead. In particular, the company enterprises provided for 85% of the combined gold output.…
In 2018 Russky Ugol increased coal sales by 100 thousand tons. The coal mined in Amur region is supplied to the local market. In particular, the company sold 3.5 million tons of coal mined at the Yerkovetsky and Severo-Vostochniy pits. In 2017 sales were on the level of 3.4 million tons. (Ukrainian metal)
In February Ukraine exported 2.851 million tons of iron ore raw materials valued at $228.6 million, down by 9.8% and by 2.5% YoY respectively. According to the State Fiscal Service, the share of iron ore in the exports was 5.82%. Ukraine supplied $76.8 million worth of ore to China, $65 million to Poland and $62.2…
In January Russia exported 3.355 million tons of ferrous metals, down by 1.1% YoY. According to the Federal Customs Service, steel semi-finished products accounted for 1.306 million tons, up by 9.3% YoY. Flat rolled metal exports dropped by 10.5%, to 0.652 million tons. In monetary terms ferrous exports decreased by 6.6%, to $1.567 billion, with…
The Supreme Court has not satisfied the claim of the State Service of Geology and Subsoil on the legality of the order to cancel the license of the Shakhta 1-3 Novogrodovskaya LLC to mine coal. This is the final ruling. In July 2012 the State Service granted the company a special allowance to mine coal…