Kyrgyzstan: 2 gold deposits put up for auction

Two gold deposits are put up for auction in Kyrgyzstan, the State Committee of Industry, Energy and Subsoil Use reported. Forecast resources of Kyzyl-Tash deposit in Jalal-Abad region of Ala-Buka district of P1 category are 3.2 tons with a gold content of 5.04 grams per ton. The starting price is $62,200. Ishakulidinskoye field in Jalal-Abad…

Russia: Izhstal increases supplies to Kalashnikov concern

In January-September Izhstal increased metal deliveries to Kalashnikov concern 2.6-fold YoY.

Izhstal supplies hot-rolled metal of stainless, high-speed, tool and bearing steels, as well as cold-rolled belts and sections.

In 9 months Izhstal supplied 1.8 thousand tons of metal to Kalashnikov concern.

Ukraine: coal output down in September 2017

In September Ukraine mined 1.9 million tons of coal, down by 25.4% YoY and by 3.2% MoM

According to the State Statistics Service, in 9 months coal output totaled 18.3 million tons, down by 15.2% YoY.

Crimea, Sevastopol and the ATO zone are not taken into account. (Ukrainian metal)

Ukraine: Selidovugol orders 25 million UAH worth of combines

The state enterprise Selidovugol has ordered the Trade-Union Form LLC the delivery of combines valued at 24.6 million UAH.

The company will supply 2 KSP-32 combines for the Kotlyarevskaya and Kukharevskaya mines.

The cost of each machine is 12.3 million UAH. (Ukrainian metal)

Russia: ferrous metals railroad transportation up in September 2017

In September Russian Railroads transported 7.6 million tons of ferrous metals, up by 15.7% YoY.

Positive dynamics is seen in all directions, except for transit.

Since the start of the year ferrous metals railroad transportation has increased by 5.6% YoY. (Ukrainian metal)

Russia: Vysochaishiy commissions Ugakhan

On October 23 Vysochaishiy (GV Gold) commissioned the Ugakhan Mining and Processing Works according to the schedule. The Ugakhan gold deposits were discovered in 2010. The C1+C2 gold reserves are estimated at 49 tons (1.58 million ounces). The deposits will be developed till 2029. Investments in the project totaled $200 million. Each year the GOK…

Russia: Rusal ratings up

Fitch has increased the Rusal long-term default rating from BB- to B+, with stable forecast.

The short-term rating has been confirmed on B level.

Rusal Bratsk long-term rating has been increased from BB- to B+ stable. (Ukrainian metal)

Ukraine: Centravis 100% loaded

Centravis Production Ukraine’s capacities are 100% loaded. According to the company CEO and main shareholder Yuri Atanasov, since 2014 the Centravis has decreased sales on Russian market from 80% to 20%, having increased sales to EU from 10% to 70%. Each year the company intends to increase output by 10-15%. In particular, this year the…

Ukraine: Evraz Sukhaya Balka ore output down in January-September 2017

In January-September Evraz Sukhaya Balka produced 1.847 million tons of iron ore, down by 5.1% YoY.

In September output was 235 thousand tons.

In 2016 the enterprise produced 2.564 million tons of iron ore, down by 8.8% YoY.

The company capacity is 3.1 million tons of ore per year. (Ukrainian metal)

Russia: MidUral Group revenue up in 2016

In 2016 MidUral Group revenue increased by 13% YoY, to 8.3 billion rubles. Profit before taxation was 373.3 million rubles as opposed to losses in 2015. The net debt as of December 31, 2016 decreased by 20.2%. MidUral Group comprises Klyuchevsky Ferroalloys Works, Russkiy Chrome 1915, Klyuchevskaya Processing Factory (all in Russia), Dirox S.A. (Uruguay),…

Russia: Severstal increases purchases from Vologda region

Severstal has increased purchases of goods and services from Vologda region by 2 billion rubles YoY.

According to the company statement, in January-September Severstal bought 15.4 billion rubles worth of goods and services in the region, up by 14% YoY.

Severstal is cooperating with over 300 companies in Vologda region. (Ukrainian metal)

Russia: RUSAL boosts aluminum output in Q3 2017

Production of Russian aluminum giant UC RUSAL rose by 1.1% QoQ, to 931,000 tons in July-September. In January–September, the company’s aluminum output rose by 0.3% YoY, to 2.763 million tons, it said. Aluminum sales fell by 3.4% QoQ, to 968,000 million tons in July-September, with the average price rising by 2.1%, to $2,124 per ton.…