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…
In January Russia increased raw copper output by 5.6% YoY. According to the Federal Service of State Statistics, copper alloys manufacture went up by 50.4%, that of powders and flakes dropped by 3.9%, of rods and shapes – by 58.9%. Copper wire output increased by 6%, that of foil – 2.1-fold. (Ukrainian metal)
In 2016 Russia exported 511.1 thousand tons of raw copper, down by 9.2% YoY. According to the Federal Customs Service, Copper deliveries to the far foreign countries decreased by 10.1% YoY, to 501.1 thousand tons, to CIS – went up by 69.5%, to 10 thousand tons. In monetary terms exports decreased by 22% YoY, to…
Uralelectromed, a part of UMMC, has finished the repairs of its shaft kiln, one of the main equipments to produce wire rod. The repair cost around 10 million rubles. According to the department director Maxim Prosvetov, the repair was carried out in 20 days. 80 tons of refractory materials were used in the kiln modernization.…
Kaz Minerals Group reports the production of the first copper concentrate of sulfide ore at its Aktogay Mining and Processing Works according to the schedule to start the manufacture in Q1. The Aktogay processing factory begins increasing capacity to reach the project manufacturing target in H2. The group intends to produce around 300 thousand tons…
Major Chinese companies are interested in investing into copper deposits in the Volyn region. “The Zhirichi copper deposits have attracted attention of major Chinese companies. They’ve been aware of the deposits back in USSR. Now they want to construct a plant to produce cable, semiconductors and all the rest made of copper”, the Volyn regional…
Polymetal International plc has increased its share in Vostochny Bazis LLC, which has the license to work at the Tarutinskoye copper deposits, from 75% to 100%. Polymetal bought the additional 25% from Geronesa Trading Ltd. Tarutinskoye is a typical gold-copper deposit and fits Polymetal strategy of creating processing hubs. The deposits will provide raw materials…