The Russian government’s commission for foreign investment control has approved the purchase of rights by CIS Mining Development Ltd to manage the Mikheyevsky ore processing facility, Andrei Tsyganov, a deputy director of the Federal Antimonopoly Service, reported. “The second deal is a purchase by CIS Mining Development Limited of rights that allow it to define…
The Buribay Mining and Processing Works, a part of UMMC, has bought new loading machines. The miners have received a backhoe loader, dump trucks, as well as lighter vehicles. The cost of the new machines is 16 million rubles. At present Buribay GOK yields some 200 thousand of copper ore per year, but when it…
In January-February Russia increased raw copper output by 1% YoY. According to the Federal Service of State Statistics, copper alloys output dropped by 18.7%, rods and sections – by 37.3%, but wire production rose by 38.3%, and foil – by 80.2%. (Ukrainian metal)
In January-February Kazakhstan decreased copper cathodes and raw zinc output by 3.3% and by 1% YoY respectively. According to the Statistics committee of the Economy Ministry, raw steel output went up by 8.6% YoY. Kaz Minerals and KazZinc produce most of the metal. (Ukrainian metal)
Kyrgyzstan is deciding on construction of the copper-smelting works, according to the State committee on industry, energy and soil. To process concentrate the construction of the copper works and the implementation of the new technologies are needed, which are currently absent in Kyrgyzstan. (Ukrainian metal)
In January-February Russian output of copper concentrates remained flat YoY. According to the Federal Service of State Statistics, in February copper concentrate production dropped by 7.3% YoY and by 5.6% MoM. (Ukrainian metal)
Kyrgyzstan is studying a ban on the export of gold concentrate abroad and is considering the possibility of building a copper plant, the State Committee of Industry, Energy and Subsoil Use reported. It is noted that the Kyrgyz delegation headed by the chairman of the State Committee Duishenbek Zilaliev visited Balkhash copper smelting plant. The…
The loading site of Bashkirskaya Med in Sibay has received the new railroad scales. The cost of the machinery is 1.7 million rubles. “Now our controllers weigh all the wagons. They work day and night. All the weighing operations are automatically saved in the database. Now that we weigh everything ourselves and not with the…