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Lithuania: Russian metals not to be transported via railroad

Lietuvos Geležinkeliai (Lithuanian Railways, LTG), Lithuania’s state-owned railway company, is halting the transportation of products sent to the port of Klaipeda by companies that are part of Russia’s mining and metallurgy group Metalloinvest. The decision was made in view of the continuing Russia’s invasion of Ukraine and the European Union’s (EU) new sanctions on Moscow,…

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Azerbaijan: new gold deposit discovered

British company Anglo-Asian Mining Plc, involved in gold, silver and copper mining in Azerbaijan, has discovered a new gold deposit. A new sub-vertical gold vein, “Hasan”, was discovered to the south of the main Gosha gold mine. Work continues on the new sub-vertical deposit discovered by surface drilling. Preliminary results from the fieldwork indicate that…

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Ukraine: Centravis suspends manufacture

Centravis, one of the largest manufacturers of stainless steel pipes in Europe, has suspended operation till March 9. “At the same time, our sales offices in Houston (USA), Essen (Germany), Milan (Italy), Krakow (Poland) and Dubai (UAE) will remain open,” the company reported. In 2021, Centravis produced 19.45 thousand tons of pipes and intended to…

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