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On August 1, the employees of Alchevsk Iron and Steel Works received 18% of their May wages. Such payments are made weekly. At the sane time, situation at mining companies is even worse. Employees of the ex-state enterprise Centerugol ask the General Prosecutor’s Office and courts, but the salaries are still not paid. The mining…
DetailsIn January-May, Russia increased gold output by 2.83% YoY, to 104.31 tons. In particular, extracted gold amounted to 86.38 tons, up by 6.66%, by-product gold – 6.79 tons, down by 7.62%, and secondary gold – 11.15 tons, up by 14.96%. Silver manufacture decreased by 7.39%, to 355.3 tons, including extracted silver – 175.39 tons, down…
DetailsIn January-July, Ukraine produced 11.87 million tons of steel, down by 6.7% YoY. Pig iron manufacture decreased by 1.1%, to 11.76 million tons, and rolled metal – by 3.2%, to 10.63 million tons. In 2019, Ukraine produced 20.82 million tons of steel, 20.05 million tons of pig iron and 18.16 million tons of rolled metal.…
DetailsDue to the drop of output, Nikopol Ferroalloy Plant will provide a part of its employees with unpaid time-off. Average monthly output decreased to 35 thousand tons. Thus, due to low loading of capacities, NZF is forced to send some of its employees home, who are not engaged in manufacture and sales. In H1, NZF…
DetailsItaly’s Genoa has finished constructing a bridge in place of the previous one, which collapsed on August 14, 2018. The reason of the accident was the destruction of a ferroconcrete rope. Under the project to restore the bridge, Metinvest has become the main steel supplier. Semi-finished products were manufactured at Azovstal, while high-quality rolled metal…
DetailsUntil September, Corum Group intends to finish delivering 40 trolleys to transport iron ore to Krivoy Rog Iron Ore Industrial Complex. So far the first batch of trolleys (20 units) has been produced by Corum Druzhkovka Works. The second batch is expected to be shipped until the end of August. The cost of the order…
DetailsIn January-June, Polymetal produced 9.7 tons of gold in Khabarovsk region as opposed to 8.3 tons in H1 2019. In particular, Amur Hydrometallurgical Works (AGMK) increased output by 27%, to 8.1 tons. The works processed 115 thousand tons of concentrate, up by 4%. Raw materials from the Albazinskoye deposit accounted for 79 thousand tons yielding…
DetailsDuring 6 years of existence of the so-called Lugansk People’s Republic, a terrorist organization created and supported by Russia, around 35 thousand jobs in the coal sector were liquidated. Some 22 coal mines have been shut down in the region. Many settlements have lost their major enterprises. (Ukrainian metal)
DetailsIn June, Ukrainian metal and mining companies decreased salaries by 1.4-9% MoM. At the same time, pipe enterprises increased wages by 1.3%, to 13.2 thousand UAH. At mining companies average wages decreased by 1.4%, to 17.4 thousand UAH, in ferrous metallurgy – by 2.2%, to 17.2 thousand UAH, in non-ferrous metallurgy – by 3.5%, to…
DetailsIn January-June, KAZ Minerals produced 153.8 thousand tons of copper, up by 4% YoY. Gold output grew by 25%, to 109.7 thousand ounces, silver – by 18%, to 1.5 million ounces, and zinc in concentrate – by 29%, to 18.4 thousand tons. Aktogay GOK produced 67.6 thousand tons of copper (-9%), Bozshakol GOK – 60.4…
DetailsMariupol Ilyich Iron and Steel Works is finishing one of the largest ecological projects in the history of the independent Ukraine – the reconstruction of the sintering factory. Investments in the project exceeded $150 million. In order to install software as well as test dust-exhaust system Italian specialists have arrived at the enterprise. The software…
DetailsEnergomashspetsstal has produced and commissioned a solid cast mold for ingots with the weight of 290 tons. The weight of the mold itself is 144 tons. “Previously we cast such ingots into a mold consisting of two parts”, the company reported. Another novelty this year is the development and implementation of an innovative structure of…
DetailsA ceremony to launch the work on elimination of consequences of a Soviet-era uranium mining took place in Shekaftar, the European Bank for Reconstruction and Development reported. The organization noted that, despite the global turmoil caused by the coronavirus pandemic, preparations for the project had continued in recent months to ensure the timely start of…
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