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The State Service of Subsoil Use has prolonged the special allowances for ArcelorMittal Kriviy Rih to use subsoil. At two of its main quarries AMKR will be able to operate for 20 years. In particular, the license to develop the magnetite quartzite quarry No. 3 at the Valyavkinskoye deposit is valid until January 9, 2038.…
DetailsIn January-November 2018 the Belarus Iron and Steel Works shipped $1.5 billion worth of merchandise, up by $293 million from the whole 2017, BMZ Press Secretary Alexander Olesik reported. A batch of reinforcing bars shipped to BMZ’s trading house in the Baltic States on the night of December 27-28, 2018 raised the year’s total earnings…
DetailsHighland Gold Mining (HGM) has no plans to change the production plan after a snow slide has hit its mine Mnogovershinnoye in the Khabarovsk region. “Works on tunnel 1 were suspended. The other tunnels of mine Mnogovershinnoye are working as usual, the plant is working as well, and the plan for ready product output remains…
DetailsThe department of the Environment service in Chelyabinsk region has suspended the license for Nikprom LLC air pollution because of its violation. During an inspection of the company that produces aluminum, the experts have found out that the enterprise has been exceeding the limits of pollution. As a result the company license has been suspended.…
Details“Extrusion Techniques and Structures” LLC intends to become a resident of the Kaluga special economic zone. The company intends to create aluminum manufacture with the capacity of 7 thousand tons per year. The products will be used in car manufacture and construction. The enterprise will be commissioned in 2020. Investments will reach 1.26 billion rubles.…
DetailsVysochaishiy has signed an agreement with Lanta-Bank to sell it 1769 kg of gold and 509 kg of silver this year. The estimated cost of the deal is 4.8 billon rubles. In January-November 2018 the company extracted 3826.9 kg of gold at its deposits. Its JORC reserves in Irkutsk region and the Republic of Sakha…
DetailsIn 2018 the East Mining Company extracted 7.5 million tons of coal, up by 3.3 million tons YoY. Sales also totaled 7.5 million tons, up 1.5-fold. In 2019 the company plans to sell some 10 million tons of coal. (Ukrainian metal)
DetailsThe Federal Antimonopoly Service will check the reasoning behind the increase of the drilling pipe prices. In particular, FAS will investigate the increase of the price of pipe and metal purchased by oil companies. Russian metal and pipe prices follow world trends with a slight delay. In January-July the market witnessed a rise of hot-rolled…
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