AK Processing intends to put into operation a cathode copper works in Urdzhar region in the East-Kazakhstan district. The cost of the project is 4.58 billion tenge. The works will have the capacity of 2520 tons of copper per year. It will be put into operation in 2018. AK Processing is the daughter company of…
Russian state geological exploration company Rosgeo has initiated exploration of gold and copper at a 121 square kilometer Yumtulsky prospective area in Russia’s easternmost Khabarovsk region through its subsidiary Dalgeophizika. According to the company statement on August 16, it plans to finish the survey until the end of 2019. (Prime/Ukrainian metal)
Australian-British Rio Tinto jointly with Kazgeologia started new exploration work in Karaganda region. According to the regional administration, the exploration is taking place in two areas of the region Korgantas and Balkhash-Saryshagan. The company expects to find three world-class copper deposits with at least 1 billion tons of metal. The volume of investments at the…
GRK MLD LLC intends to put its copper concentrate and cathode mining and processing works in the East-Kazakhstan region into operation this year. According to the regional department of entrepreneurship and industrial-innovative development, investments into the project total 17.4 billion tenge. The works capacity will be 750 thousand tons of ore per year. (Ukrainian metal)
According to the Statistics Committee of the Ministry of national economy, in January-June Kazakhstan increased copper cathode manufacture by 5.4% YoY. Raw zinc output decreased by 0.5%. KAZ Minerals and KazZinc contributed the most to the output. (Ukrainian metal)
Aleksandrinskaya Mining and Ore Company, a part of Russian Copper Company, has started a major modernization process at its processing factory. In particular, the ceramic vacuum filter will be replaced by the hydraulic filter-press. The new filter produced in Spain will decrease moisture contents in copper and zinc concentrate from 12% to 8%. “The copper…
Karabashmed, a part of the Russia Copper Company, has started assembling the new automated copper-pouring line and three new converters with the volume of 150 tons each. The modernization of the machinery will increase the company capacity to 150 thousand tons of copper per year. Karabashmed will also reconstruct its power shop and the oxygen…
In January-March Russia increased raw copper output by 3.3% YoY, while the production of copper alloys dropped by 22.7%. According to the Federal Service of State Statistics, copper flakes and powders output decreased by 5.4%, of rods and shapes – by 28.4%, at the same time wire production went up by 15%, and foil –…