The Stepnaya mine in Pershotravensk, Dnieporpetrovsk region, has put into operation a new long face with reserves of over 800 thousand tons of coal. According to DTEK, the owner of the mine, investment in the development reached 70 million UAH. The new long face is expected to yield some 3 thousand tons of gas coal…Details
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Komsomolskoye Mine Group, nationalized by the terrorist organization Donetsk People’s Republic, created and supported by Russia, has been transferred to the ownership of Vneshtorgservice. “I have an interesting document. This is the certificate of the registration in the so-called DPR of a new owner of one of the Metinvest assets – Komsomolskoye Mine Group. The…Details
Beloretsk Iron and Steel Works has provided its mother company Mechel with a 5-year loan of 1.35 billion rubles. The companies do not disclose the conditions of the deal. The goal of the loan is to carry out financial and commercial activity by Mechel. (Ukrainian metal)Details
In January-April gold miners of Khabarovsk Krai yielded 4418.5 kg of gold, up by 0.5 tons of the target. All the gold was obtained from ore deposits. The region has also exceeded silver output – 18180.1 kg instead of 14240 kg planned. According to the local environment ministry, the increase is the result of the…Details
Ukrainian miners, as usual, do not receive salary for several months. But the Cabinet of Ministers claims that it has already provided money to clear debts, and salary will rise. The price of 1 ton of coal will increase from 1730 UAH to 2 thousand UAH. According to the minister of energy and coal industry…Details
Aktyubinsk Copper Company, a part of Russian Copper Company, has set development plans. The Vesenne-Aralchinskoye deposits, situated near the border with Russia, will be operated on both sides of the border. For this AMK will construct a plant with the capacity of 500 thousand tons of ore per year. The mine will be operating for…Details
Karabashmed, a part of the Russia Copper Company, has started assembling the new automated copper-pouring line and three new converters with the volume of 150 tons each. The modernization of the machinery will increase the company capacity to 150 thousand tons of copper per year. Karabashmed will also reconstruct its power shop and the oxygen…Details
Norilsk Nickel has received a 521-million rubles loan from Sberbank for the construction of the magnetite concentrate drying shop of the Bystrinsky Mining and Processing Works. Bystrinskoye deposit is among the largest in the world as to copper, gold, silver and iron reserves. The GOK is planned to start operating in 2017 and will reach…Details
On May 29 Zagorsky Pipe Works produced the first pipe for Gazprom. The first batch of pipes with 1020 and 1420 mm diameter and outer three-layer insulation will be supplied to the customer in June. The agreement on the delivery was reached in April. Under the contract ZTZ will produce over 121 thousand tons of…Details
Isaevskiy Machine-Building Plant intends to invest 450 million rubles into development. According to the authorities of Rostov region, the company has already purchased the electric-welded pipe mill. It will be put into operation in 2018-2019. The mill will expand the product range and increase the output by 80%. The company planned to put the new…Details
Rosterminalugol JSC, the largest dedicated coal port in the Baltic region, a part of Russia’s largest coal port holding Port Management Company LLC, has exported 9 million tons of coal this year (as of May 29). According to the company, the terminal’s throughput surged by 41% YoY. The milestone ton was loaded onto Post-Panamax lainpalais,…Details
In Kerch on the territory of Kerch Iron and Steel Works 200 employees held a meeting demanding their salary debts to be cleared and the operation of the company resumed. The event was attended by the Russian State Duma deputy Konstantin Bakharev, who was then taken away by the ambulance, as well as the “city…Details
DTEK intends to import up to 100 thousand tons of coal from its mines in Russia each month. “In the first place the coal will be supplied to Lugansk Thermal Power Plant, but also to Kriviy Rih TPP”, the company CEO Maxim Timchenko said. At the same time DTEK does not plan to import coal…Details