Uzbekistan: 4 investors to prospect gold deposits

The State committee on geology and mineral resources has this year attracted 4 foreign investors to prospect 10 gold deposits. The agreements have been signed with B2Gold (Canada), NordGold (UK), TUMAD (Turkey) and Shindong Resources (South Korea). Gold reserves on these deposits are not revealed, but investments in prospecting could total $8 million. The agreements…

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Ukraine: ferrous metals exports revenue up in January-November 2017

In January-November Ukraine received $7.848 billion from the exports of ferrous metals, up by 18.5% YoY. According to the State Fiscal Service, ferrous metals accounted for 19.88% of the total export revenue against 20.24% in January-November 2016. In November ferrous metals exports earned Ukraine $932.47 million, up from $744.43 million in October. Imports increased by…

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Russia: KMEZ to assemble new gas-purifying equipment

Kyshtym Electrolytic Copper Plant will assemble a new complex on MAERZ furnace gas purifying valued at 200 million rubles.

Purification will reach 99%, and the total square of filtration will be 4.5 thousand square meters.

The new gas-purifying equipment will be commissioned in H2 2018. (Ukrainian metal)