Russia: Korshunovsky GOK to get 240-ton BelAZs

This year Evraz KGOK will receive its first BelAZ-75313 quarry dump trucks with the lifting capacity of 240 tons.

Previously the company ordered only 30-130-ton trucks.

This year 5 new dump trucks will arrive at KGOK. (Ukrainian metal)

Russia: Korshunovsky GOK net profit up in Q1 2019

In January-March, Korshunovsky Mining and Processing Works received 1.227 billion rubles of net profit, up 5.7-fold YoY. Revenue grew 2.2-fold, to 3.675 billion rubles. The GOK fixed liabilities decreased from 352.6 million rubles to 337.8 million rubles, while short-term liabilities grew from 2.047 billion rubles to 2.053 billion rubles. Gross profit increased 18.5-fold, to 1.572…

Russia: Korshunovsky GOK profit up in Q1 2019

In January-May, Korshunovsky Mining and Processing Works received 1.227 billion rubles of net profit, up 5.7-fold YoY. Revenue grew 2.2-fold, to 3.675 billion rubles. Gross profit increased 18.5-fold, to 1.572 billion rubles. Fixed liabilities dropped from 352.6 million rubles as of December 31, 2018, to 337.8 million rubles, while current liabilities grew from 2.047 billion…

Russia: KGOK net profit down in 2018

In 2018 Korshunovsky Mining and Processing Works decreased net profit more than 2-fold YoY, to 2.33 billion rubles.

In 2017 net profit exceeded 4.7 billion rubles.

Last year revenue dropped by 13%, to 9.99 billion rubles.

Sales profit fell to 330 million rubles from 2.2 billion rubles in 2017. (Ukrainian metal)

Russia: Korshunovsky GOK laboratory confirms control quality

The inspection of the Russian Accreditation Service has confirmed the expertise of the technical and chemical control at the Korshunovsky Mining and Processing Works. Each year the laboratory of the enterprise analyzes over 130 thousand samples. It controls the quality of the concentrate, the technological process of enrichment, as well as wastewater and pollution. “We…

Russia: Korshunovsky GOK commissions new drilling rig at Rudnogorsky mine

Korshunovsky Mining and Processing Works is commissioning a new drilling rig at the Rudnogorsky mine.

The machine has been purchased under the program of capital investments.

At present the machine is being assembled.

The company has 14 days to assemble the rig, after that it will be commissioned. (Ukrainian metal)

Russia: KGOK output up in H1 2017

In January-June Korshunovsky Mining and Processing Works increased iron ore concentrate output by 5% YoY, or by 66 thousand tons, to 1.4 million tons.

Ore mining exceeded 4 million tons, with 1.9 million tons yielded by the Korshunovsky quarry and 2.2 million tons by the Rudnogorsky mine. (Ukrainian metal)

Russia: Korshunovsky GOK puts new separators into operation

The processing factory of the Korshunovsky Mining and Processing Works, a part of Mechel, saw the replacement of 4 magnetic separators.

“The output of the new equipment is 100-160 tons per hour. Last year we replaced 6 separators and plan to replace 4 more this year”, the factory director Dmitry Oler said. (Ukrainian metal)

Russia: Korshunovsky GOK repairs gas-purification system

The processing factory of the Korshunovsky Mining and Processing Works, a part of Mechel, has put into operation 2 dust extraction machines for gas-purification after repairs.

The renewed machinery will improve extraction efficiency and provide more comfortable working condition for the employees.

The total cost of the repairs reached 1 million rubles. (Ukrainian metal)