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Yanolovo is negotiating the financing of the Tirekhtyakh Brook alluvial tin deposits development with a Chinese company. The start of the development is planned for 2019. B+C1 balance reserves of the deposit amount to 68.4 thousand tons of tin, enough for 26 years of development. The size of the deposits is 15.61 square kilometers. The…
DetailsUral Aluminum Works has produced the 50-millioth ton of alumina. Of this amount some 25 million tons of aluminum were produced, enough to construct 60 million bodies of Range Rover or 225 million engines for Lada Vesta. The UAZ alumina shop was commissioned in August 1939. “Following the large-scale modernization of 2015-2017, the works can…
DetailsThe terrorist organizations of the Lugansk and Donetsk People’s Republics, created and supported by Russia, intend to start producing large diameter pipes within the cooperation program of Alchevsk Iron and Steel Works and Khartsyzsk Pipe Works. Both companies are controlled by Vneshtorgservice of the fugitive oligarch Sergey Kurchenko. The electricity line will be repaired soon,…
DetailsA bus, transporting employees of the Ingulskaya mine of the state enterprise Vostochniy Mining and Processing Works got into a road accident in Kirovograd region. According to the Independent Miners’ Union of Ukraine chairman Mikhail Volynets, some miners were injured. “The bus was driving to the mine when it hit and overturned the truck refrigerator…
DetailsIn 2017 Metinvest occupied the 42nd place in the world largest steel manufacturers list, having produced 9.59 million tons. In 2016 the group occupied the 37th place with 10.34 million tons, while in 2015 – the 40th with 9.65 million tons and the 33rd in 2014 (11.18 million tons). The largest steel manufacturer last year…
DetailsOn May 23 a new long face No. 132 at the Stepnaya mine of the state enterprise Lvivugol was put into operation. The reserves of the low-ash coal reach 163.9 thousand tons, the length of the face is 150 meters with the possibility to increase to 220 m. The miners will be developing the face…
DetailsThe prices of precious metals, except for palladium, decreased on May 29, according to the data published by the Central Bank. The cost of gold decreased by 7.7095 manats, to 2206.583 manats per troy ounce, compared to the price on May 25. The cost of silver decreased by 0.26 manats, to 27.9821 manats per ounce.…
DetailsAs part of the implementation of its Big Data strategic initiative, Magnitogorsk Iron & Steel Works is planning to complete five projects in 2018 that will result in savings of over 40 million rubles a year. At the end of 2015 MMK adopted a new development strategy for the period through 2025 that included, among…
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