Goldregion LLC, developing alluvial gold deposits in Amur region, this year has extracted 64 kg of the precious metal, down by 20% from the target. This year the company has been traditionally washing gold-bearing sands at the Malaya Gelenka Brook. Due to the violations of the environment legislation the operation of the company was suspended…
Recently some media have circulated information that UGMK has decided to shut down Electrozinc in Vladikavkaz. Citizens of Chelyabinsk are worried that the capacity will be transferred to their town and Chelyabinsk Zinc Works will increase output by a third. But ChelZinc says it has not received any info on the need to increase output…
Mechel has prolonged the agreement to supply coal to Jidong Cement till the end of 2019. In 12 months the company will ship to China up to 2 million tons of power-generating coal mined by Elgaugol and Yakutugol enterprises. Monthly shipments will range between 100 thousand and 150 thousand tons of coal. “This is the…
Precious metal prices varied in Azerbaijan on December 19,accortding to the Central Bank. The price of gold increased by 4.76 manats, to 2,127.1165 manats per ounce on December 19 compared to the price on December 18. The price of silver grew by 0.0036 manats, to 24.9756 manats per ounce. At the same time the price…
According to the people’s deputy Konstantin Zhevago, controlling Ferrexpo, the construction of the electrometallurgical plant Vorskla Steel near the town of Kremenchug has been postponed for 10 years. The reason is the economical inexpediency of the construction. “The government claimed the gas would be cheap. But now it’s expensive. There is no sense for us…
During the cave-in of rock at a mine in Toretsk (Donetsk region) one miner perished. The cave-in occurred at the depth of over 1 thousand meters. 8 miners were in the shaft at the moment. One of them was killed. (Ukrainian metal)
Uralelectromed is finishing construction of the second stage of the steel structures manufacture. The commissioning of the manufacturing complex is scheduled for early 2019. The area of the second stage will be identical to the first, that is 8 thousand square meters. The cost of the new site is 400 million rubles. The second stage…
Mikheyevsky Mining and Processing Works has started testing a new pulp feed line node. It will enable quickly switching pulp feeding between the first and the second tail dumps. The capacity of the new node will exceed that of the previous equipment some 10-fold. The commissioning of the new node is scheduled for Q1 2019.…