Tajikistan: gold output to increase annually

Tajikistan 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…

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Kyrgyzstan: new factory to be built at Makmal

The 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…

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Ukraine: Volnogorsk Works orders 62.49 million UAH worth of goods and services

Volnogorsk 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…

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Ukraine: NCC to start operating in 2-3 months

The 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…

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Russia: UEM confirms Ural gold quality

Uralelectromed 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)

Russia: ferrous scrap imports from Kazakhstan up in Q1 2018

In March Russia imported 26.7 thousand tons of ferrous scrap from Kazakhstan, up by 20.2% MoM, but down by 19.6% YoY.

In February the results were -3.1% and +40.6%, while in January –62.6% and –40.3% respectively.

In January-March imports totaled 72 thousand tons, down by 34.1% YoY. (Ukrainian metal)

Russia: aluminum consumption growing

Even though aluminum consumption per capita is lower in Russia, than in EU, in 2017 Russia claimed the first place in aluminum consumption growth (by 10%) as a whole and primary aluminum (by 11%) in particular. The main drivers of consumption growth are construction, car manufacture, and machine-building. Combined they will soon account for 80%…

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Russia: ChTPZ and SAP to cooperate

During the St. Petersburg International Economic Forum, ChtPZ Group and SAP CIS have concluded a memorandum of cooperation in digital transformation. According to the document, in 2018-2025 ChTPZ plans to unify and increase efficiency of its business processes with the help of a unified system on the basis of SAP S/4HANA. “Digital transformation is a…

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