The state enterprise Yuzhniy Machine-Building Works named after Makarov has concluded an agreement with Alfa-Metal LLC (Russia) on the delivery of aluminum valued at 42.9 million UAH. This year the company has to supply rolled aluminum with the total weight of 88724 kg. Since 2017 Yuzhmash has concluded 4 agreements with Alfa-Metal on the purchase…Details
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In 2019 Zabaikalye railroad transported 209.1 thousand tons of TEU containers, up by 32.3% YoY. In particular, transportation of metal wares grew by 43.5%, to 28.3 thousand containers, ferrous metals – more than 2-fold, to 4 thousand containers, and non-ferrous metals – by 16.3%, to 2.4 thousand containers. At the same time transportation of ferrous…Details
In 2019 Sverdlovsk railroad transported 32.8 million tons of cargo in Nizhniy Tagil region, up by 2.9% YoY. In particular, transportation of ferrous metals grew by 4%, to 4.6 million tons, and coke – by 10.9%, to 0.6 million tons. At the same time transportation of iron ore dropped by 2.7%, to 11.7 million tons,…Details
In 2019 Cherepovets Iron and Steel Works considerably decreased the volume of energy resources purchases. Thus, the company was able to save 36.6 million kW-h of electricity, 350 thousand tons of fuel and 16 million cubic meters of oxygen. The decrease is due to reconstruction of some of CherMK capacities. Last year electricity consumption totaled…Details
In 2019 Petropavlovsk PLC produced 517.3 thousand ounces of gold, up by 42.2% YoY. The growth is due to the increase of gold content in ore at Albyn and Malomyr mines. This year the company intends to produce 620 to 720 thousand ounces of gold. Last year Petropavlovsk sold 514 thousand ounces of gold, up…Details
In 2019 Sakhalin increased coal output by 10.2% YoY, to 11.9 million tons. The annual target – 11.4 million tons – was exceeded by 4.2%. The Eastern Mining Company LLC provided the most coal volumes – 10 million tons. Sales outside the region totaled 11.5 million tons, including 126 thousand tons to the other Russian…Details
In January-November 2019 Russia produced 903.72 tons of silver, down by 12.7%, including 311.78 tons of by-product silver and 151.03 tons of secondary silver. The Far East accounts for 45% of all silver production – 415.58 tons, down by 3.6%. The Sibir Federal District yielded 13.39 tons, down by 18.5%, Ural – 10.19 tons, up…Details
In January-November 2019 Russia produced 337.26 tons of gold, up by 16.2% YoY. In particular, extracted gold accounted for 266.06 tons, up by 9.1%, secondary gold – 53.6 tons, up by 67.6%, and by-product gold – 17.6 tons, up by 22%. The Far Eastern Federal District accounted for some 50% of gold, having extracted 170.29…Details
In 2019 Magadan region yielded 46.356 tons of gold, up by 25.4% YoY, and 612.671 tons of silver, down by 5.19%. The gold target output was set at 42.7 tons. Ore gold manufacture grew by 47.18%, to 27.948 tons, and alluvial – by 2.39%, to 18.99 tons. (Ukrainian metal)Details
In 2019 Kuzbass extracted 250.1 million tons of coal, down by 2% YoY. Coking coal accounted for 75.6 million tons, up from 73.2 million tons. In particular, 27 million tons were extracted at pits (25 million tons in 2018), and 48.6 million tons at mines (48.2 million tons). (Ukrainian metal)Details
In November 2019 Russia exported 13.3 thousand tons of copper rolled wire, up by 6% MoM, but down by 9% YoY. Deliveries to Kuwait grew by 27%, to 6.8 thousand tons, and to Egypt – from 2.8 thousand tons to 2.9 thousand tons. At the same time sales to Belarus dropped from 1.2 thousand tons…Details
Atomredmetzoloto (ARMZ), a subsidiary of Russian state nuclear power corporation Rosatom, launched a gold mining venture in the republic of Yakutia in 2019, and plans to produce its first gold in 2020, ARMZ said in a statement on January 27 without disclosing the name of the field that was launched. “The gold production project in…Details
Last week, the price of one ounce of gold increased by over 13.3 manats ($7.8) or by 0.5%. The average price of one ounce of gold stood at 2,651 manats ($1,559). The price of one ounce of silver decreased by 0.1 manats ($0.06) or by 0.4%, to 30.3 manats ($17.8). The price of one ounce…Details