Kazatomprom and CGN Mining have announced the sale by the former of 49% in the Ortalyk Mining Enterprise. Ortalyk controls the development of the Mynkuduk and Zhalpak uranium deposits. The capacity of Mynkuduk is 2 thousand tons of uranium per year and the enterprise has already reached its design capacity. The capacity of Zhalpak is…
DetailsMaxiprom Group LLC has constructed a factory at Marganets Mining and Processing Works. The factory will process up to 5 million tons of manganese ore slag into 1 million tons of concentrate per year. The construction lasted for 2 years. (Ukrainian metal)
DetailsOn December 28, a cave-in occurred at the Zolotoye mine (Pervomayskugol) in Lugansk region. The accident happened at the depth of 687 meters. 2 miners were trapped. One was saved at once, while the other was later found dead. (Ukrainian metal)
DetailsDaksib LLC, developing the alluvial gold sites in Irkutsk region, has extracted 109.5 kg of gold, up by 46% YoY. The annual target has been exceeded 2-fold. Last year, the company extracted 75 kg of gold. (Ukrainian metal)
DetailsIn January-November, ferroalloys manufacture in Ukraine decreased by 29.5% YoY, to 694.1 thousand tons. According to the Ukrainian Association of Ferroalloys Producers, Zaporozhye and Nikopol Ferroalloys Plants (ZZF and NZF) decreased silicomanganese output by 31.2%, to 522.01 thousand tons. Ferromanganese and other ferroalloys manufacture at ZZF, NZF and Kramatorsk Ferroalloys Plant (KFZ) fell by 18.5%,…
DetailsIn January-September, galvanized rolled metal consumption decreased by 11%, to 227 thousand tons. Imports fell by 16.8%, to 79 thousand tons, while consumption of domestic products (minus exports) dropped by 6.9%, to 149 thousand tons. In Q3, consumption decreased by 10%, to 96 thousand tons, and imports – by 3%, to 35 thousand tons, while…
DetailsA group of people tried to seize Solton-Sary gold mine in Kyrgyzstan, press service of the Internal Affairs Department of Naryn reported. About 20 people gathered at the field. “They demanded to launch the enterprise and organize a meeting with representatives of the local authorities. After arrival of the law enforcement agencies, the people dispersed.…
DetailsThe state enterprise VostGOK has received full payment for uranium concentrate from Energoatom in the amount of 2.85 billion UAH, but has not supplied products valued at 700 million UAH. “We have paid for 800 tons. Recently we have transferred 50 million UAH. The debt in concentrate supply amounts to 700 million UAH. And we…
DetailsOn December 15, the representatives of Sinosteel company, a partner of ArcelorMitta Kryvyi Rih in implementation of a large investment project, visited the production site, prepared for construction of a new pellet plant. Site Manager Zhu Qingnian and Civil Engineer Mo Wenbin assessed the level of readiness of the construction site, discussed the General Layout…
DetailsIn January-November, Ukraine remained at the 9th place among the global pig iron manufacturers and on the 13th among steel producers. According to Worldsteel, 1.26 billion tons of pig iron was produced in 11 months, down by 1.5% YoY. Ukraine was placed ninth among 40 producers with the output of 18.59 million tons, up by…
DetailsThe State Service of Geology and Subsoil has for the first time announced an electronic auction to sell a license to develop a site with gold reserves. The site is situated on the Zheltovodskaya filed in Dniepropetrovsk region. The size of the site is over 1 thousand ha. The initial price of the license to…
DetailsIn November, Ukraine produced 1.7 million tons of steel, up by 30.8% YoY. This was the largest growth among other steel-producing countries. Global steel output increased by 6.6%, to 158.3 million tons. At the same time, in 11 months it decreased by 1.3%, to 1.67 billion tons. (Ukrainian metal)
DetailsIn January-November, the volume of the inner market amounted to 4298 thousand tons of rolled metal, of which 1130 thousand tons, or 26.3% were imported. In the corresponding period of the previous year, the volume was 4120.7 thousand tons, including 1327.7 thousand tons, or 32.2% imported. Thus, the volume has increased by 4.3%, while the…
DetailsRG Gold LLC has started constructing a mining complex in Akmola region. The company intends to invest over 160 billion tenge in the project. The capacity of a new gold-extracting factory will be 5 million tons of ore per year. The construction will be completed until Q4 2022. (Ukrainian metal)
DetailsInterpipe has concluded an agreement with Ukrgazbank to borrow 37 million euros. The loan will amount to 30 million euros for 5 years, while the renewable loan of 7 million will be provided for 3 years. “Intrepipe has attracted the first loan after the restructure of its debt in October 2019. The loan is intended…
DetailsIn January-October, Zaporozhkoks saved over 12 million UAH due to the implementation of energy saving measures. At the same time, blast furnace coke output remained unchanged at 712 thousand tons. In particular, the modernization of coke-oven batteries allowed saving 415 thousand cubic meters of gas, or 2.6 million UAH. Last year, coke output grew by…
DetailsAs of December 1, Magadan region has yielded 46.6 tons of gold and 532.7 tons of silver. Gold output grew by 2.9 tons YoY, while silver dropped by 79.9 tons. Ore gold accounted for 28.1 tons and alluvial – 18.5 tons. (Ukrainian metal)
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