The State Service of Geology and Subsoil of Ukraine has cancelled the auction in the Prozorro.Sales system to sell rights to develop a part of the Zalesi-Shenmki copper ore deposit. This was the fourth attempt to find an investor. The latest winner was ARP Start LLC, which offered 82 million UAH with the initial price…
Global Analytica LLC has won a Prozorro.Sales auction to use a part of subsoil with the reserves of copper ores “Zalesy-Shmenki” with the size of 2336.7 ha. The company offered 122.2 million UAH, up five-fold from the starting price. The land plot is located in Volyn region. Reserves are estimated at 160 thousand tons. The…
On August 9, the State Service of Geology and Subsoil will hold another auction to sell subsoil with the reserves of copper ore at the Zalesy-Shmenki ore field with the size of 2336.7 ha in Volyn region. R1 reserves amount to 160 thousand tons. At present Ukraine does not extract copper. In 2020, the country…
Copper Technology, a part of the Russian Copper Company, has started constructing a mine at the 50 Let Oktyabrya deposit. The construction will last for 4 years. It is expected that mining operations will start in 2024. The deposit was discovered in 1964 and is one of the largest copper-pyrite deposits in Kazakhstan. Reserves of…
Uzbek President Shavkat Mirziyoyev on July 29 laid the first stone in the foundation of a $2-billion copper-processing plant. The new factory is to be erected within the country’s only copper producer, Almalyk Mining and Metallurgical Complex (AMMC). It will process 60 million tons of ore annually. At the second stage, according to plans, the…
The State Service of Geology and Subsoil of Ukraine has held a repeated auction to sell special licenses for the land plot of the Zalesy-Shmenki ore field with copper ore reserves in Volyn region. The size of the land plot is 2337 ha. Copper reserves are estimated at 95 thousand tons. The Symbol foundry has…
In January-April, Ukraine increased imports of copper and copper wares by 68% YoY, to $50.196 million. According to the State Customs Service, exports grew 3-fold, to $68.051 million. In April, copper imports amounted to $14.532 million and exports – $21.2 million. (Ukrainian metal)
In 2020, Kazakhstan increased refined copper export prices by 43% YoY. Output grew by 1%. Copper ore mining went up by 1.8%, to 121.9 million tons. The East Kazakhstan region yielded 52 million tons, Karaganda – 34.1 million tons and Pavlodar – 33.6 million tons. Kazakhmys exceeded its ore output plan by 0.8%, to 29.4…