PJSC MMC Norilsk Nickel, the largest refined nickel and palladium producer in the world, announces preliminary consolidated production results for the second quarter and the first half of 2017. First Vice-President – Chief Operating Officer, Sergey Dyachenko commented on the production results: “In Q2 our platinum group metals (PGMs) production increased substantially owing to the…
DetailsUkraine’s production of coal decreased by 558,400 tons, or by 2.9%, in January-June, compared to the same period in 2016. This has been stated in an information note on the main indicators of the Ukrainian fuel and energy industry development over the first six months of 2017. “In January-June coal-mining enterprises of Ukraine produced 558.4…
DetailsIn January-June Vysochaishy (GV Gold) mined 2.2 tons (71 thousand ounces) of gold, down by 15% YoY. “The drop in output has to do with the scheduled decrease of ore mining (by 13%) and processing of lower gold-containing ore (by 16%)”, the company explains. Gold sales in H1 totaled $84.1 million, down by 14% YoY.…
DetailsDneprovsky Iron and Steel Combine has resumed the manufacture of square billets at its continuous casting machine No. 1 in the converter shop. The square billets will be used to produce metal structures at the 400/200 mill of the rolling shop. It should be noted that DMK is gradually resuming operation after a long idle…
DetailsIn June Russia transported 9.4 million tons of ore, up by 2.2% YoY, and the highest result for the past 10 years. In January-June ore transportation decreased by 0.5% YoY, to 54.6 million tons. Local transportation grew by 4%, while exports dropped by 6% YoY. The main drop was seen in the exports to Ukraine…
DetailsThe ArcelorMittal Kriviy Rih union has agreed with the company administration on paying for additional vacations. According to the first deputy chairman of the union Natalia Marinyuk, the text of the order has been approved. It should be noted, that, according to the current labor legislation, paying for additional vacations to its employees is the…
DetailsIn January-June Kamensk-Uralsk Non-Ferrous Metals Processing Works increased earnings by 25% YoY, to 3.9 billion rubles. Net profit went up by 54%, to 18.4 million rubles. The company has also increased its exports, as it has entered the markets of the Netherlands, Poland and UK. “In the Netherlands we will be cooperating at full scale…
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