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In January-March Buryatia obtained 0.86 tons of gold, up by 21.5% YoY, Zapadnaya artel LLC (Zapadnaya Mining) operated at the Kedrovoe deposits, and Buryatzoloto (a part of Nordgold) at the Irokinda and Kholbinsky mines. This year Buryatzoloto intends to invest 607 million rubles in drilling at its mines. Balance reserves of the deposits are estimated…
DetailsBystrinsky Mining and Processing Works has shipped the first batch of products – 1.5 thousand tons of copper concentrate – to China. By the end of the month 3 thousand tons more will be shipped. Bystrinsky GOK was constructed by Nornickel in 2017 in the hard-to-reach part of Zabaykalye region, and is now being commissioned.…
DetailsKola Iron and Steel Company has started constructing a gallery to transport coal from the site of its processing directly to the pelletizing department. At present the company transports this coal with the help of automobiles, which incurs some risks and demands considerable expenses. The length of the conveyer will be 150 meters. The project…
DetailsBeloretsk Iron and Steel Works has successfully tested a new type of excavator steel rope with polymer coating. The tests have been carried out under the project to produce multi-strand steel ropes (8-12 strands) with the diameter of up to 90 mm, including with polymer coating. These ropes will replace imported analogues in mining, oil…
DetailsZaporizhstal has used innovation techniques during the capital repairs of its blast furnace No. 3. According to the company CEO Rostislav Shurma, Mammoet (the Netherlands) has greatly helped in the process. The Dutch delegation visited Zaporizhstal on April 20 to get to know the environment modernization of the plant. In particular, the semi-knock down assembly…
DetailsDutch metal processing company Focus Fabrication Group plans to build a 3,800 square meter metal processing plant in the port of Klaipeda by the middle of 2019. The plant would produce various pipe constructions by processing 10,400 kilograms of metal a day. Exports would mainly go to Western European oil and gas companies. (BNN/Ukrainian metal)
DetailsAfter the meeting that took place at the end of August 2017, British Steel, which had previously voiced an interest in KVV Liepājas metalurgs, refused to purchase the bankrupt company, says Liepaja City Council chairman’s advisor for public relations matters Andrejs Rjabcevs. Last week Liepaja City Council chairman Uldis Sesks refrained from commenting the matter…
DetailsLast week, the price of one ounce of gold in Azerbaijan decreased by 6.2985 manats or by 0.28%, to 2.287.6696 manats. The price of one ounce of silver increased by 0.9188 manats or by 3.25%, to 28.73116 manats. The price of one ounce of platinum increased by 12.223 manats or by 0.77%, to 1592.6722 manats…
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