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The coal production of Russian metals and mining group Mechel fell by 8% YoY, to 14.472 million tons in January-September, the company said in a statement on November 27. Steel output shrank by 7% YoY, to 2.976 million tons in the period, and cast iron production went down by 8%, to 2.817 million tons. Sales…
DetailsPrecious metal prices mostly decreased in Azerbaijan on November 27, according to the data published by the Central Bank. The price of gold dropped by 5.4825 manats, to 2,077.349 manats per ounce on November 27 compared to the price on November 26. The price of silver fell by 0.1821 manats, to 24.2114 manats per ounce.…
DetailsDzhumadilde uulu Muradil has been elected a member of the board – Deputy Chairman of the Board of Kyrgyzaltyn OJSC for Economics, Finance and Investments, press service of the company reported. The decision was made by the Board of Directors on the basis of a recommendation from the State Committee on Industry, Energy and Subsoil…
DetailsKyrgyzkomur state-owned enterprise explained accumulation of vehicles at Kara-Keche field by high demand for coal, press service of the enterprise reported. It is noted that only Kyrgyzkomur has a sorting room at the field. “People want to take selected coal. Other enterprises have lower capacity; their fuel is dusty. We work around the clock. Four…
DetailsThis season Sakhalin has extracted 63 kg of alluvial gold. The only team operating at the sites is Vostoc-2. This year the goal was 70 kg of gold. Because of the low gold content in the sand the team failed to reach the goal. Last year Vostoc-2 yielded 64 kg of gold. Next year the…
DetailsKhiagda has received new KamAZ shift automobiles. They will be used to transport employees from the settlement to the industrial objects and deposits. To carry out repair works at pipelines, assemble and disassemble pumps and for loading and unloading the company has bought an Ivanovets truck crane. Next year Khiagda will continue replacing its old…
DetailsSeverstal has purchased 100% of Yakovlevsky Mining and Processing Works shares for 7.89 billion rubles. Their major part was received as part of the debt payment from Metal-group LLC. In July 2017 Severstal bought out the LLC debt to Gazprom. In 2018 Metal-group was declared bankrupt. Severstal will continue developing Yakovlevsky GOK. This year ore…
DetailsEvraz has purchased a vertical boring machine with the well diameter of 2.4 meters. This is the first time when such machinery will be used in Russia. The machine will be operating at Raspadskaya mines. Trial boring will be carried out at the Yerunakovskaya-VIII mine. First, a pilot well with the diameter of 279 mm…
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