The design time of the tailing dump and the gold processing plant at Jerooy will be extended until August, the chairman of the State Committee for Industry, Energy and Subsoil Use Duyshenbek Zilaliev said at the meeting with the residents of Talas region. Talas town hosted a discussion on the development of Jerooy deposit located…Details
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The state enterprise Vostochniy Mining and Processing Works has ordered the Trading House Eco-Service LLC the delivery of petroleum valued at 11.760 million UAH. By the end of the year the company will have supplied 417 tons of A-92 Euro petroleum at 28.2 thousand UAH per ton. The current wholesale price of A-95 petroleum is…Details
In 2016 Kharkiv Coke Works received 1.511 million UAH of net profits, down 5.1-fold YoY. According to the company statement, its undistributed profits totaled 30.128 million UAH. In 2016 KhKZ increased current liabilities by 36.3%, to 472.47 million UAH, fixed liabilities – by 13.3%, to 470.385 million UAH. The company assets increased by 20%, to…Details
On March 28, the mine group Pervomaiskoye mined the first million tons of coal this year – the second among DTEK enterprises. This year the result was achieved one month earlier than last year and two weeks ahead of schedule. The high result was achieved thanks to the timely putting of long faces into operation.…Details
On March 28, the state enterprise Lvivugol received 11.8 million UAH of state financial support. All the money was spent to pay salary to the miners. According to the Lviv regional state administration department of fuel-energy complex and energy saving, thanks to this support, the February salary was paid in full. (Ukrainian metal)Details
According to the National Statistics Office, in January-February the trade volume with Turkey, the country’s main trade partner, reached $198.39 million, including $35.04 million of exports (up by 17.3% YoY) and $163.35 million of imports (down by 3.5%). Non-alloyed steel and pig iron semi-finished products exports occupied the third position in the total Georgian exports…Details
In March Kimkano-Sutarsky GOK produced 120 thousand tons of iron ore concentrate. By summer output is expected to increase to 250 thousand tons. At present the company employs 1.2 thousand people. Before it reaches target capacity it will need some 300 specialists more. This year the company plans to pay 300 million rubles of taxes…Details
In 2016 VSMPO-Avisma received 26.633 billion rubles of net profits, up 1.9-fold YoY. In 2015 the corporation profits totaled 14.4 billion rubles against 4 billion rubles in 2014. VSMPO-Avisma revenues in 2016 increased by 5%, to 76.2 billion rubles. Sales profits increased by 3%, to 30.3 billion rubles. (Ukrainian metal)Details
The European Commission has decided not to impose temporary duties on hot-rolled metal from Ukraine, Brazil, Iran, Serbia and Russia, as it is still investigating whether the countries violated the rules of fair competitiveness. Thus the preliminary antidumping duties are not imposed from April 7. But the commission will have to decide by October 7,…Details
The state enterprise Ukrpromvneshexpertisa forecasts that scrap deliveries to Ukrainian companies will increase in March by 23.5% MoM, or by 39 thousand tons, to 205 thousand tons. The increase in deliveries has to do with the high price of 6150 UAH per ton, as well as the expectations of the scrap procurers and traders that…Details
The Specialized Anti-Corruption Prosecutor’s Office (SAPO) has claimed resistance of head of Zaporozhye Titanium and Magnesium Works LLC and its investor to returning the company to state ownership. SAPO said on its Facebook page that despite the attempts to hinder the return of the company to management of the state, this process is taking shape:…Details
Dneprovsky Iron and Steel Works has shut down its last blast furnace. “Because of the blockade the works shut down its last blast furnace. DMK used to get coke from Alchevsk Coke and Chemical Plant. Now the deliveries are impossible”, the people’s deputy from the opposition Alexander Vilkul wrote on his Facebook page. He also…Details
In 2016 Buryatzoloto, a part of Nordgold, decreased all its financial indexes. In particular, net profits dropped 6.9-fold YoY, to 651.32 million rubles. EBITDA also decreased 6.9-fold, to 818.761 million rubles, sales profits totaled 2.614 billion rubles, down by 22% YoY. The company revenues dropped by 10.3%, to 8.044 billion rubles. In 2016 at its…Details