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NLMK Group, a global steel company, has appointed Dmitriy Kolomytsyn Director, IR & Capital Markets. Kolomytsyn previously held the position of Head of Corporate Development. Sergey Takhiev, who previously headed NLMK Group’s Investor Relations, has decided to continue his professional growth in another company. Dmitriy Kolomytsyn joined NLMK Group in 2016. As Head of Corporate…
DetailsThe prices of main precious metals varied in Azerbaijan on May 14, according to the data published by the Central Bank. The cost of gold decreased by 0.306 manats, to 2242.9715 manats per troy ounce to the price on May 11. The cost of silver decreased by 0.0016 manats, to 28.3969 manats per ounce. The…
DetailsAzerGold State Company is completing the procedure of buying out the share of foreign contractors in some mines and deposits in Azerbaijan, said Zakir Ibrahimov, Chairman of the Management Board of the Company. “Works on handover and acceptance with the founding companies of the operating company AIMROC are at the final stage,” Ibrahimov said. In…
DetailsLast week the price of one ounce of gold in Azerbaijan increased by 5.746 manats or by 0.2568%. Accordingly, the average price of one ounce of gold stood at 2,236.57525 manats. The price of one ounce of silver increased by 0.2795 manats or by 0.994%, to 28.1539 manats. The price of one ounce of platinum…
DetailsThe Belozerskaya mine site No. 2 of the DTEK Dobropolyeugol Mine Group mined 93 thousand tons of coal in April, up by 20 thousand tons MoM. On April 29 they set a record of coal mining, having obtained 5410 tons. Average daily output at the site is 3208 tons of coal. The combined coal output…
DetailsThe Lugansk state military-civilian administration has presented to the Ministry of energy and coal industry the projects to open new long faces. In particular, these are the long face 13th Western at the Carbonite mine and the 4th Northern long face at the Gornaya mine of the state enterprise Pervomayskugol. The estimated coal reserves of…
DetailsIn April direct deliveries of ferrous metals (pig iron, rolled metal, pipes and semi-finished products) to the major domestic automobile holdings (AvtoVAZ, KamAZ, GAS, Zil, Sollers, etc.) via railroad totaled 95.6 thousand tons, up by 4.5% MoM, but down by 1.3% YoY. In March the results were +17.4% and +6.9%, while in February –9.9% and…
DetailsIn January-April Amur region obtained 5485.6 kg of gold, including 5433 kg of ore gold and 51.6 kg of alluvial gold, down by 11% YoY. In April the output totaled 1243.8 kg, down by 17% YoY. The drop in output has to do with the halt of operations at the Pokrovskoye deposits and the scheduled…
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