The United Mining and Chemical Company has paid 321.848 million UAH of dividends for 2016 to the state budget. This is the largest payment of the type to the state budget in all the company history. This payment has been possible thanks to the increase of profit. If in 2015 UMCC received 630 million UAH…Details
Nornickel presented its Sulphur Project, the company’s largest environmental initiative that would help address the issue of sulphur dioxide emissions. The event was attended by Sergei Ivanov, Special Presidential Representative for Environmental Protection, Ecology and Transport, Sergei Donskoy, Minister of Natural Resources and Environment, Alexander Neradko, Head of the Federal Air Transport Agency, Elena Bezdenezhnykh,…Details
The minority shareholder of the Industrial Union of Donbass Corporation Sergey Taruta has denied the fact of holding negotiations with Metinvest as to the sale of Dneprovsky Iron and Steel Combine. “As far as I know, this is not true. There are talks with Metinvest as to the debt settlement. But this is not about…Details
Energomashspetsstal has produced and shipped supporting rolls to Mariupol Ilyich Iron and Steel Works. The total weight of the batch is 113.5 tons. In June Mariupol Ilyich specialists audited EMSS as to the possibility of producing heavyweight rolls. “We have successfully passed the audit. Our cooperation will increase Mariupol Ilyich product range and allow us…Details
Gaysky Mining and Processing Works will pay dividends for 2016 in the amount of 3237.83 rubles per ordinary share. According to the company statement, over 2 billion rubles will be spent to pay dividends: 1.514 billion rubles of net profit for 2016 and undistributed profit of other years. The list of shareholders entitled for dividends…Details
Bratsk Ferroalloys Works LLC, a part of Mechel, turns 30. “Our ferrosilicon is well known and praised not only locally, but abroad as well”, the company acting managing director Mikhail Mikhailov said. “BZF is one of the largest enterprises of the city of Bratsk. Its operation is aimed not only at increasing output, but also…Details
In 2016 pollution by enterprises increased by 7.7% YoY, mostly because of the switch from the natural gas to other fuel types. “In 2014 air pollution volumes totaled 3.35 million tons, in 2015 – 2.857 million tons, in 2016 – 3.078 million tons. We believe that the growth is the result of the increase in…Details
In January-May Ukraine sold 857.112 billion UAH worth of industrial products (goods and services), up by 29.7% YoY. According to the State Statistics Service, in May mining and processing industries increased sales by 22.2% (exports – by 26.2%), in particular in mining and quarrying – by 21% (31.7%) and in processing – by 22.4% (25.6%).…Details
European manufacturers of steel pipes have asked the European Commission to extend antidumping duties on seamless pipes from Ukraine and Russia. On July 4 the European Commission officially informed of the start of reviewing the antidumping duties because of their expiration. The duties were introduced in July 2012 in the amount of 12.3% for Ukraine…Details
Gold was illegally mined on Kapchygay-1 site, the State Committee of Industry, Energy and Subsoil Use of the Kyrgyz Republic reported. The committee earlier announced an auction for the sale of placer gold deposit, namely, Kapchygay-1 and Kapchygay-2 section, located in Aksy district of Jalal-Abad region. However, it was canceled because of illegal mining of…Details
Representatives of the Federal Center for Nuclear and Radiation Safety JSC (subsidiary of Rosatom State Nuclear Energy Corporation) took part in the technical meeting of the International Atomic Energy Agency (IAEA) Coordination Group in Almaty, where a strategic master plan for environmental rehabilitation of the facilities of the former uranium production was discussed. The strategic…Details
Karaganda hosted the ceremony of the opening of the new refractory works SevenRefractoriesAsia. Investments in the project totaled 1.9 billion tenge. This is the first works in Kazakhstan to produce high-quality refractory materials for Kazakhmys, ArcelorMittal Temirtau, KazZinc, etc. “The construction of the works began in 2015, and the works was put into operation in…Details
Pravourmiyskoye LLC, a part of Rusolovo, has reached the H1 tin concentrate output target ahead of time. “The first half-year plan was fulfilled on June 26”, Rusolovo CEO Evgeny Kolesov noted. So far the company has produced 201 tons of tin concentrate, up by 5% from the plan. At present the Khabarovsk Krai (region) is…Details
In January-June Russian coal exports climbed by 10% YoY, to 90.353 million tons, the Ministry of Energy statistics said.
In June, Russia exported 15.916 million tons of coal.
Coal production in January-June totaled 197.204 million tons including 174.182 million tons supplied. (Portnews/Ukrainian metal)
Volnogorsk Mining and Processing Works has ordered the Imex Minerals LLC the delivery of used dump trucks valued at 39.6 million UAH. This year the company will receive 8 used BelAZ-7547 produced not early than 2007 at the price of 4.95 million UAH apiece. The price of the deal was 1% lower than the expected…Details
“Zoloto Kamchatki” has bored the first meters at the Kumroch deposits, one of the most promising sites in Kamchatka. This year the company intends to bore 80 thousand meters of rock and produce 20 tons of gold. The total volume of investments in the project amounts to 1 billion rubles. At the Kumroch deposits an…Details
Aleksandrinskaya Mining and Ore Company, a part of Russian Copper Company, has started a major modernization process at its processing factory. In particular, the ceramic vacuum filter will be replaced by the hydraulic filter-press. The new filter produced in Spain will decrease moisture contents in copper and zinc concentrate from 12% to 8%. “The copper…Details
The 2350 mill of MMK was produced in 1935 by Uralmash and sent to Zaporozhye. When in1941 the issue arose of producing armor steel, the equipment together with the workers and their families was evacuated from Mariupol to MMK. On July 1, 1942 the mill was put into operation. “Until the end of the war…Details
According to the department of the fuel-energy complex and energy saving, the total salary of Lvivugol miners for May 2017 is 84.4 million UAH. On July 3 the company received 40 million UAH from coal sales, and miners were paid 47.4% of their May salary. So far the salary of May has been paid in…Details
On July 3 the Dokuchaevsk Flux-Dolomite Complex, in the occupied city of Dokuchaevsk, was on fire. According to the so-called ministry of emergencies of the Donetsk People’s Republic, a terrorist organization created and supported by Russia, the fire has destroyed 50 square meters of bitumen roofing and 35 meters of cable at the one-storied building…Details
In January-June Russian Railroads transported 620.7 million tons of cargo, up by 3.6% YoY. In particular, the company transported 177.3 million tons of coal, up by 9.4% YoY, 5.6 million tons of coke, down by 0.6%, 10.2 million tons of non-ferrous ores, down by 1.9%, 54.6 million tons of ferrous and manganese ore, down by…Details
The mine named after Yalevsky was the first of SUEK-Kuzbass enterprises to exceed the 5-million tons of coal output this year. At present the mine is one of the most productive and efficient enterprises in Russia. Its power-generating coal reserves are estimated at 380 million tons. The mine is capable of yielding 10 million tons…Details
The gold-mining company Vysochaishiy plans to produce 6.3-6.5 tons of gold this year (195-210 thousand ounces), up by 28% YoY. The increase will be achieved thanks to the putting in operation of the Ugakhan Mining and Processing Works in Irkutsk region and the first stage of Tarynsky GOK in Yakutia. As of 2016 the Vysochaishiy…Details
Severstal-Metiz has supplied a large batch of rebar threads for the construction of port Alyat in Baku (Azerbaijan) and the bridge over the Ural River in Kazakhstan.
The combined weight of the two batches is 2 thousand tons.
The 7-wire threads are used as rebars in ferroconcrete structures. (Ukrainian metal)
In June the largest VAT receiver among mining and metal companies was Azovstal Iron and Steel Works with 604.2 million UAH. According to the State Treasury Service, Mariupol Ilyich Iron and Steel Works received 505.9 million UAH, and Zaporizhstal – 272.1 million UAH. Then follows Poltava GOK (141.4 million UAH), Evraz DMZ (127.3 million UAH),…Details
Kyrgyzstan should not bear losses from gold processing enterprise Altyn-Ken, the member of the Association of Mining Industry Duishenbek Kamchybekov said at a round table. According to him, the share of Kyrgyzstan from gold processing at this enterprise is 40%, and 60% is the share of the Chinese company. The enterprise was built to process…Details