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Karelsky Okatysh has shut down its factories for 72 hours as scheduled to carry out machinery repairs. More than 200 repairmen participated in the work. “For the first time in the company history the specialists had to restore the lining of the wall between medium and small crushing bunkers”, the company manufacturing and pellets director…
DetailsThe prices of main precious metals varied in Azerbaijan on June 22, according to the data published by the Central Bank. The cost of gold increased by 2.8645 manats, to 2,154.6225 manats per ounce compared to the price on June 21. The cost of silver increased by 0.1318 manats, to 27.7474 manats per ounce. The…
DetailsKorshunovsky Mining and Processing Works has started the program to renovate the fleet of its 130-ton BelAZ dump trucks. According to the company press service, the renovation will help increase output. So far KGOK has already purchased two Cummins engines, and the company specialists have repaired three more engines. At present the working fleet at…
DetailsEvraz NTMK completes preparations for launching the fifth railway wheel machining line. The line has already been assembled, and four new automated machines have been installed at the wheel shop. Currently the wheel-block robotic transport and handling equipment, chip breaker and disposal systems, a cutting-fluid management station are being mounted. Cable networks and fences that…
DetailsRussian state geological exploration company Rosgeo has won a contract to explore ore gold on the Spokoininskoye deposit in the republic of Yakutia with a bid of 160 million rubles. The works must be completed before 2021. The resource estimate is 40 tons of ore gold under the P2 category under the Russian industrial standards.…
DetailsPavlik Gold estimates the cost of scaling up production of an ore enrichment plant at the Pavlik deposit at 15.5 billion rubles. “A significant increase of the reserves will allow us to raise capacity of the ore enrichment plant to more than 10 million tons of ore and more than 12 tons of gold per…
DetailsRussian Copper Company intends to buy the rights to develop the Malmyzhskoye copper-porphyry deposits in Khabarovsk region. IG Copper LLC will be the seller. The company owns 51% in the project. The estimated price of the deal is $200 million. The deal is to be finalized in Q3. The license for the Malmyzhskoye project is…
DetailsThe decrease of cargo trains throughput in the direction of Mariupol has affected the Mariupol Ilyich Iron and Steel Works output. In particular, the company pig iron manufacture in June is decreased by 25 thousand tons. Raw materials stocks are enough for 1-2 days, while the losses of non-received currency revenue and non-fulfillment of obligations…
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