The State geology and earth service had to cancel the suspension of the license to mine gold-polymetallic ores at Beregovskoye deposits, following the ruling of the court. In 2012 the Karpatskaya Rudnaya Companiya received the license to work at the deposits. In March 2014 the state department of the geological control checked the company and…Details
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In 2017 state mines, managed by the Ministry of energy and coal industry, are expected to increase coal output 1.6 times YoY, or by 3.336 million tons, to 9.125 million tons. “None should question our goal of mining 25 thousand tons of coal per day”, the minister Igor Nasalik said. In 2016 the ministry-run mines…Details
Zaporizhstal is finally going to replace its open-hearth shop with the new oxygen-converter shop. The city of Zaporozhye has been waiting for 20 years for the project to be implemented. Now the manufacturing process will be cleaner and safer. The construction of the new shop will decrease pollution 2-fold. (Ukrainian metal)Details
In January-October 2016 Russia produced 244.55 thousand tons of gold, up by 0.26% YoY. Silver output dropped by 9.9% YoY, to 897.65 tons. The first time when the Ministry of Finance provided precious metals output statistics was in 2014, when gold output reached 287.978 tons. (Ukrainian metal)Details
The Volyn region governor Vladimir Gunchik says there are no salary debts to state miners as of January 1. “As of January 1, the issue of debt to miners as to their salary has been settled”, he said. As of December 1, 2016 the salary debts to Volyn region miners totaled 8.792 million UAH. (Ukrainian…Details
Mines of the state enterprise Selidovugol have concluded contracts for the delivery of meat and water at really high prices. In late December 2016 “Rossia” mine bought 50 kg of meat valued at almost 200 thousand UAH, or 4 thousand UAH per 1 kg. Korner-Pak was the supplier of meat. “Rossia” bought 900 half-liter bottles…Details
Rusal intends to construct a terminal in the free port of Vanino with the alumina throughput capacity of 1.5 million tons. The capacity could be increased to 3 million tons per year. The investments total 5.4 billion rubles, with 2 billion planned on behalf of the state. (Ukrainian metal)Details
In 2016 Bratsk Ferroalloys Works, a part of Mechel, produced 31 thousand tons of FS-75 ferrosilicon, up by 27% YoY. The output growth has to do with the price and demand increase on world markets. Most of the products are exported to Japan, USA and Canada to be used in metal manufacture. In 2016 BZF…Details
Prices of the metal raw materials could decrease by 10-15% YoY in 2017, according to Severstal chairman Alexei Mordashov. “World steel consumption resumed its growth, but China is slowing down its steel production. I believe we can expect prices to start falling, though they are unlikely to drop below early 2016 level”, he said. (Ukrainian…Details
In January StalTrans plans to keep its metal wares shipments on the level of 2.7 thousand tons. According to the company statement, in December 2016 metal wares deliveries increased by 16% MoM, to 2.7 thousand tons. The growth was seen in wire (by 12%, to 1.5 thousand tons) and nails (by 37%, to 1.1 thousand…Details
The Krasnoyarsk Aluminum Smelter (KrAZ, part of Rusal) is to implement the construction of a new foundry complex for the production of cylinder ingots of 230 mm to 457 mm diameter. The capacity of the new production complex will comprise 120,000 tons per year. The foundry equipment installation is near completion. The complex is to…Details
According to the minister of energy and coal industry Igor Nasalik, 11 new long faces have been selected that can be put into operation in the near future and increase coal output. The ministry intends to mine some 25 thousand tons of coal per day. Nasalik also noted the mine debts for electricity, which reached…Details
In 2016 Ukraine produced 1.028 million tons of ferroalloys, up by 16% YoY. According to the Association of Ukrainian Ferroalloy Producers, silicomanganese output went up by 16.7% YoY, to 814.97 thousand tons, ferromanganese – by 19%, to 104.47 thousand tons, and ferrosilicon – 101.42 thousand tons, to 12.5%. At the same time production of metallic…Details