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Azerbaijan: Anglo Asian Mining announces precious metal reserves at Zafar deposit

Anglo Asian Mining PLC, the AIM-listed (Alternative Investment Market) gold, copper and silver producer, has announced the preliminary amount of precious metals for the new Zafar field in Azerbaijan’s Gadabay district. The mentioned underground mine contains 28,000 tons of copper, 73,000 ounces of gold and 36,000 tons of zinc. “The design is developed on ore…


Ukraine: foundry output down in 2022

As all other industries, foundry suffered greatly from the Russian invasion. At least 50% of enterprises felt the impact of the war, sometimes even with partial destruction of manufacture. Large foundry enterprises are usually located in the southeastern regions that have suffered from the war the most. Output fall is estimated at 70%. According to…


Ukraine: Metinvest supports government decision to import electricity

Metinvest positively sees the decision of the Cabinet of Ministers of Ukraine to allow companies to import electricity during its shortage on domestic market. “Metinvest decided to use this opportunity to organize purchases of electricity for its own needs, which allowed increasing quotas for electricity supply,” the company said. The decision has already positively affected…