Ukraine: UMCC to invest 36 million UAH in pipeline repair at VGMK

The United Mining and Chemical Company will invest 36 million UAH in its Volnogorsk Iron and Steel Works. According to the company statement, in October VGMK completed the replacement of 2 km of slurry pipeline valued at 5.2 million UAH. The company intends to go on with the project. Investments have been estimated on the…

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Russia: BMK HAV-metal wares sales up in January-October 2017

In January-October Beloretsk Iron and Steel Works increased sales of metal wares with high-added value. In particular, sales of stainless products for aviation, oil and gas, machine-building and automobile industries increased 2-fold. Sales of steel high-strength wire for ferroconcrete structures manufacture increased by 14% YoY, rebars threads for the construction of bridges and high-rise buildings…

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Ukraine: AMKR appoints 3 CEO deputies

In early November ArcelorMittal Kirviy Rih appointed 3 new deputy general managers. Thus, Vladimir Tesluyk has been appointed the deputy CEO on mining department manufacture. He will be responsible for the open-pit and underground mining operation, mining department technical service and CAPEX realization. Igor Romanyuk has been appointed the acting deputy CEO on metallurgical and…

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Ukraine: Lugansk terrorists to mine gold

In 2018 the so-called Lugansk People’s Republic, a terrorist organization created and supported by Russia, intends to start developing gold deposits. According to the head of the LPR Igor Plotnitsky, this will be an important step to improve the republic’s economy. “We’ll try mining our own gold. The enterprise will not be too profitable, but…

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