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By 2020 it is expected to modernize all the metal-producing capacities at the Kirovsky Works and create an up-to-date highly technological enterprise to manufacture small batches of special steels and alloys for the defense, car, oil, power and engine machine-building, and space industries. The newly created subsidiary – the Laboratory of special steels and alloys…
DetailsIn April Ukraine was able to reach the 13th place in the World Steel Association rating. China traditionally tops the rating with 76.698 million tons of steel produced in April, up by 4.8%. Ukraine increased steel output by 6% YoY, to 1.721 million tons. World steel manufacture in April grew by 4.1%, to 148.322 million…
DetailsTajikistan plans to annually increase gold production by 6%. The authorities intend to put new capacities into operation in order to achieve this result. “An annual increase in gold production at 6% due to the commissioning of new industrial capacities and enterprises is envisaged for the period until 2030,” said the Strategy for the Development…
DetailsThe project of a gold processing plant in Toguz-Toro district will be drawn up after consultation with the public and carrying out explanatory work with the local residents. This was announced during a meeting of representatives of GL Makmal Developing with the head of the State Agency for Environment Protection and Forestry, Abdykalyk Rustamov. According…
DetailsVolnogorsk Mining and Processing Works has ordered 62.49 million UAH worth of goods and services at the private e-site Rialto. Imex Minerals LLC has received the most orders for spare parts and CAT machines repairs, valued at 41.08 million UAH. Other companies got smaller orders. In particular, Electrontechservice LLC will supply 11.14 million UAH worth…
DetailsThe Ministry of energy and coal industry reports that the state enterprise National Coal Company will begin full-scale operation in 2-3 months. According to the deputy minister Anatoly Korzun, the enterprise will optimize the structure of the coal industry management and considerably improve financial conditions of mines. The company will unite 19 state enterprises containing…
DetailsThe board of directors of Norilsk Nickel has set the date for the annual shareholder meeting – June 28. The board has recommended to set dividends for 2017 on the level of 607.98 rubles per ordinary share ($9.8). The total volume to be spent on paying dividends is 96.2 billion rubles ($1.562 billion). Taking into…
DetailsUralelectromed has demonstrated the highest quality of refined gold, having confirmed its international status of Good delivery. The status has to be confirmed by LBMA members every three years. Uralelectromed has been a member of LBMA since 2006. For three years UEM has been producing 10.5 tons of gold per year. (Ukrainian metal)
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