In January-August Kazakhstan’s production of raw gold and semi-processed gold, or in powder form, increased by 11.6% YoY, to 62,251 kg, the Statistics Committee of the Kazakh Ministry of National Economy reported. In the accounting period, the production of raw silver and semi-processed silver, or in powder form, reached 638,640 kg, down by 11%. (Kazinform/Ukrainian…Details
The Tsentralnaya gold mine in Chelyabinsk Region operated by gold producer UGC, also known as Uzhuralzoloto, collapsed on September 19, killing one person, a spokesperson for the Emergency Ministry’s local branch reported.
The mine collapsed at the depth of 820 meters, when two people were working there.
Reasons are currently being investigated. (Prime/Ukrainian metal)
East Mining Company and the Coal Seaport Shakhtersk are carrying out a joint investment project to increase coal output and export to 20 million tons per year. Since the start of the year Solntsevsky Coal Mine has extracted 5 million tons of coal in Sakhalin region. This year annual goal is 8 million tons, while…Details
Ural Boeing Manufacturing, a joint venture of VSMPO-Avisma and Boeing, has commissioned a plant to produce titanium parts for American planes on the territory of the special economical zone Titanium Valley in Sverdlovsk region. The new plant carries out machining of titanium stampings for Boeing planes, including new models (737 MAX, 777 and 787). The…Details
Yekaterinburg Non-Ferrous Metals Processing Works is expanding the range of its exports. This time the company shipped its product to Thailand, which became another step of the strategic project to develop South-Eastern Asia markets. In Thailand EZOTsM has started cooperating with a large company supplying gold, silver and platinum group metals to the local market.…Details
Abinsk Electrometallurgical Works will put into operation new machinery with the design capacity of 50 thousand tons per year at the metal wares shop No. 1. The shop will produce wire with the diameter of 0.8 to 8 mm, welding wire (2-6 mm), rolled metal of 5-8 mm diameter and wire of 2-5 mm diameter…Details
Russian metal wares manufacturers are currently operating with much underloaded capacities. MMK-Metiz has also been affected. The weak points of Russian companies are narrow product range in terms of sizes and the outdate machinery. The MMK-Metiz modernization program for 2017-2020 is intended to solve these problems. In particular, the company plans to create a highly…Details
PJSC ArcelorMittal Kriviy Rih has constructed a new blast-furnace gas pipeline with a length of more than one kilometer valued at UAH 134 million. Now pre-commissioning and adjustment works are at the final stage, as well as ownership transfer, after that the gas pipeline will be commissioned. New gas pipeline was laid from Blast Furnace…Details
Interpipe decided to construct a new line for railroad wheels machining valued at $15 million. The project will result in export increase. The line will contain machinery for the treatment of wheels, a finishing center, a control center, etc. The wheel output will increase by 13 thousand tons, or by 40 thousand pieces per year.…Details
The police have uncovered a criminal scheme at the Novosibirsk Railway Switch Plant. From September 2017 till August 2018, a group of 5 employees was stealing ferromanganese from the plant. During the period the criminals have stolen some 6.5 tons of ferromanganese, having damaged the enterprise for the total amount of 1 million rubles. During…Details
In July Russia imported 42.5 thousand tons of flat galvanized rolled metal with polymer coating, down by 44% YoY. In 7 months imports dropped by 35.9%, to 222.4 thousand tons. China supplied the most metal (86.9 thousand tons, down by 58.3%). The average price on the Russian border was $886.7 per ton without VAT. It…Details
In January-July Kazakhstan exported 293.4 thousand tons of ferrous scrap to Russia valued at $76 million. According to the customs statistics, this is down by 12.6%, but up by 4.8% YoY respectively. In July exports grew by 39.7% YoY, to 71.8 thousand tons. The average price on the border with Russia was $275.7 per ton…Details
In January-July Kazakhstan exported 99.6 thousand tons of steel pipes to Russia, up by 102.2% YoY.
This is also just 9% below the whole last year result.
According to the customs statistics, deliveries from Kazakhstan account for 31.4% of all the Russian steel pipe imports. (Ukrainian metal)
In January-August Rusolovo, extracting tin in Khabarovsk region, produced 734.7 tons of tin concentrate, up by 45% YoY. The target was 721 tons. This year the company intends to produce 1600 tons of tin concentrate as opposed to 1010 tons in 2017. After 2022 tin output will increase to 4000-4500 tons due to the commissioning…Details
Zagorsky Pipe Works has successfully supplied pipes in polyurethane insulation to MOEK (power-grid company). The pipes with the diameter of 1220 mm and the wall thickness of 12 mm have been delivered in just 14 days. The total volume of the batch was 500 meters of pipes. The batch included 185 tons of pipes in…Details
Prices for precious metals increased in Azerbaijan on September 19, according to the data published by the Central Bank. The price of gold grew by 6.392 manats, to 2,043.519 manats per ounce on September 19 compared to the price on September 18. The price of silver went up by 0.1118 manats, to 24.1462 manats per…Details
Coal Mining Company “Kolmar” is going to export up to 40 million tons of coal per year via the terminal being built in the Muchke Bay (Vanino, Khabarovsk region), Yury Tyamushkin, General Director of VaninoTransUgol (a company building the terminal), has reported. “At the Eastern Economic Forum, Kolmar management said they were going to export…Details
Production of gold at Makmal field in Jalal-Abad region has been suspended, the First Deputy Prime Minister of Kyrgyzstan Kubatbek Boronov declared. The press service of Kyrgyzaltyn OJSC confirmed the information. The gold recovery plant has suspended its work since September 1. The mineral resource base of the mine is completely depleted, so further work…Details
The metal of Rusal Armenal might return to the market of the United States. The Office of Foreign Access Control said that US citizens and their partners could make new contracts with Rusal, the owner of Armenal, and other companies of Oleg Deripaska from the sanctions list. But this applies only to companies that have…Details
The system of electronic trade OpenMarket has listed one of the oldest mines of the Central Donbass. The Yuzhnaya mine is a part of the state enterprise Toretskugol. It was founded in 1877. The mine is situated in the village of Yuzhnoye near the borders of the Toretsk city in Donetsk region. In 2014 because…Details
In January-August Kazakhstan mined 28.21 million tons of iron ore, up by 9.7% YoY.
According to the Statistics committee of the Ministry of National Economy, copper ore output totaled 68.16 million tons, up by 4.6%, gold-bearing ore – 13.789 million tons, up by 6.8%, and chromium concentrate – 3.24 million tons (+6.2%). (Ukrainian metal)
Armenal, an Armenia-based foil-rolling plant of Russian aluminum giant UC RUSAL, has started reducing production and transferring staff to part-time employment, sources familiar with the situation reported The reason is declining demand for the facility’s products in light of the sanctions imposed by the U.S. in April against Russian businessman Oleg Desipaska and his companies…Details
Ukrgazodobycha has concluded a contract with the Heavy Weight Drilling Pipes and Kellies Works on the purchase of pipes valued at 117.15 million UAH. Until April 2019 the company has to supply 1226 heavy weight drilling pipes and kellies of its own production according to TU 26-12-775-90. The price was 3% below the expected cost…Details
Prices of precious metals increased in Azerbaijan on September 18, according to the data published by the Central Bank. The price of gold grew by 5.7205 manats, to 2,037.127 manats per ounce on September 18 compared to the price on September 17. The price of silver went up by 0.082 manats, to 24.0344 manats per…Details