The State Committee for Industry, Energy and Subsoil Use of the Kyrgyz Republic put up the right for geological exploration of two deposits of alluvial gold for auction. Bash-Nura and Chetke-Archalu fields in Naryn district were put up for auction. It is noted that in the 1930s and 1940s, a part of them was developed…
DetailsIn 2017 Kazakhstan produced 85029 kg of gold, up by 13.8% YoY. According to the Ministry of the national economy, silver output dropped by 10.8%, to 1058605 kg. (Ukrainian metal)
DetailsMechel has concluded an agreement on borrowing 1.44 billion rubles from Chelyabinsk Iron and Steel Works. The agreement was signed on January 15 and is valid through October 1, 2022. The interest rate on the loan is not revealed. (Ukrainian metal)
DetailsIn 2017 Irkutsk region obtained 22903 kg of gold, including 12115 kg of ore gold and 10788 kg of alluvial gold. The total output increased by 1.3% YoY, with alluvial gold share down by 3.7%, and ore gold up by 6.2%. 26 enterprises were extracting gold in the region in 2017. 5 of them provided…
DetailsArcelorMittal Kriviy Rih has obtained a Kiwa certificate, which confirms the high quality of the company rebars. Now they can be marked with the KOMO sign. Earlier AMKR has already received the right to sell its products in Germany (according to DIN), Belgium (NBN) and France (NF). Now with the Kiwa certificate the company has…
DetailsIn 2017 Dneprometiz operation was stable, according to the company CEO Alexander Yakovlev. Last year the company produced and sold over 85 thousand tons of metal wares. EBITDA totaled $3 million. This year the company intends to increase output to 90 thousand tons. EBITDA is expected to grow to 90 million UAH. (Ukrainian metal)
DetailsLast year the Nevinnomyssk-based StavStal unexpectedly became insolvent. “StavStal was created in 2011. It was working perfectly, but it did not return its debts to Sberbank. The bank demanded payment, but the company did not have enough funds. At first we attracted an Indian investor. They invested $5 million, but did not get anything in…
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