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Gold production is set to commence in the third quarter of 2018 at the Amulsar gold mine in south-central Armenia, said Lydian International Ltd, the Canadian mining group. Lydian’s management expects mining within the Amulsar project to produce 225,000 gold ounces annually over ten years and reports that it is currently completing construction of the…
DetailsThe state enterprise Vostochniy Mining and Processing Works has ordered Svit Stali LLC the delivery of pig iron and steel valued at 20.97 million UAH. This year the company will supply iron shots at 223450 UAH per ton from Netrika LLC and steel milling balls with the diameter of 60, 80 and 120 mm according…
DetailsAt the meeting on March 29 shareholders of Donetskkoks decided to liquidate the company. In 2017 Donetskkoks decreased losses 11-fold YoY, to 2.5 million UAH. Metinvest reported on the threat of losing control over operation of its enterprises in the Russia-seized lands of Donbass, including over Donetskkoks, on March 15, 2017. (Ukrainian metal)
DetailsKosaya Gora Iron and Steel Works has concluded a 3-year contract for the delivery of high-carbon ferromanganese to NLMK. The companies have been cooperating for a long while. Being the strategic supplier, KMZ provides NLMK with 80-90% of its ferromanganese needs. The volume of delivery, stipulated by the contract, exceeds 50% of the company output.…
DetailsMine constructors of Gaysky GOK have started another stage of the shaft reconstruction at the Ekspluatatsionnaya mine – reinforcing. In a way, this is a construction of a vertical railroad for the skips and cages. The reinforcing is carried out at the depth of 910-1420 meters. At present the mining is carried out at the…
DetailsSeverstal – Bar Works Balakovo has successfully certified the A500SN rebar sections with the diameter of 8-40 mm. The need to obtain the new certificate has to do with the coming into effect of the new GOST 34028-2016 “Rebars for ferroconcrete structures” on January 1, 2019. At present the works supplies its products mostly to…
DetailsSeverstal has carried out the scheduled capital repairs of the mill-5000 in Kolpino. It took some 140 specialists just 7 days to complete the overhaul. “We carry out capital repairs of machinery every year. They are an integral part of the efficient operation. The spring repair of the mill-5000 was the first in the series…
DetailsIn January Metinvest EBITDA decreased by 9.2% MoM, to $228 million, while revenue grew by 10.3%, to $1009 million. As of January 31, the group consolidated debt amounted to $3.095 billion. The company produced 553 thousand tons of semi-finished products valued at $240 million: 289 thousand tons of pig iron at $106 million, 104 thousand…
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