In January-November Krivoy Rog Iron Ore Industrial Complex decreased iron ore output by 5.8% YoY, to 4 million tons. In November the output totaled 380 thousand tons. Last year KZhRK produced 4.6 million tons of iron ore, down by 9.7% YoY. (Ukrainian metal)Details
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In November ArcelorMittal Kriviy Rih decreased rolled metal output by 18% MoM, to 390 thousand tons. Steel manufacture dropped by 28.5%, to 350 thousand tons, and pig iron – by 20%, to 375 thousand tons. In 11 months AMKR produced 4.2 million tons of rolled metal, 4.94 million tons of steel and 4.9 million tons…Details
Interpipe has finished a project to create a system to manage products at warehouses using digital technologies at its Interpipe Niko Tube. The warehouse management system has been developed to reduce time of loading products and shipping them to customers. The project started in June, and investments totaled $178 thousand. As a result, the truck…Details
Electricity has been switched off at the state enterprise Lvivugol mines because of the payment debts. All the 6 mines were left without electricity. On Monday morning electricity supplies were resumed. The debt for electricity amounts to 22 million UAH. But the mines are unable to pay, as they are themselves not paid for the…Details
Russia’s gold output rose by 19.5% YoY, to 232.16 tons in January-August, the Finance Ministry said citing the data on supplies to the refining plants. Mined gold output rose by 10.1%, to 178.71 tons, and by-product gold output increased by 23.3%, to 12.7 tons, while gold scrap production jumped by 88.2%, to 40.75 tons. Russia’s…Details
Panyutino Railroad Car Repairing Works, a subsidiary of the Ukrainian Railways (Ukrzaliznytsia), has concluded 8 agreements with Interpipe Ukraine LLC on the purchase of wheels valued at 28.78 million UAH. Until mid-2020 the company has to supply 800 solid wheels with ultra sound control and diameter of 957 mm made by Interpipe NTZ not earlier…Details
In January-November the Fund of the Social Insurance paid 4.52 billion UAH to miners, who suffered as a result of accidents, and their families. The payments grew by 10% YoY. Monthly insurance payments reached 4.4 billion UAH. They are paid to 88.6 thousand miners and their families. An average amount of an insurance payment is…Details
Rudnik Karalveyem has become the winner of the auction to sell the Dymny Brook alluvial gold site in Chukotka Autonomous District. The auction was held on December 17. The final price was 10.08 million rubles. The same day another site was auctioned – at the Braslet Brook. The site was purchased by Altai LLC for…Details
Olkon has commissioned its second EKG-15 excavator. The first machine has been operating at the Komsomolsky quarry since late June. The second will be operating at the Kirovogorsky quarry. It took the company 2 months to assemble the excavator. In early 2020 Olkon will put another EKG-12 excavator into operation at the Central quarry. (Ukrainian…Details
In January-November Boshnyakovsky Coal Pit LLC (Sakhalin) extracted 919.2 thousand tons of coal, up by 12.7% YoY. This year the enterprise intends to extract 1 million tons of coal. Thus, the output plan has been 91.92% fulfilled. The pit uses 3 excavators with the ladle volume of 12 and 15 cubic meters, as well as…Details
Kedrovsky Coal Pit has become the first Kuzbassrazrezugol enterprise to fulfill its annual output plan. So far the pit has extracted 4.9 million tons of coal. Until the end of the year 60 thousand tons more will be extracted. In December the pit turns 65 years old. (Ukrainian metal)Details
Backstar Holdings Limited (Cyprus) has decreased its share in Seligdar from 8.45% to 3.75%. The company has sold 46.7 million (4.7%) of voting shares. The amount of the deal was not disclosed. As of December 19, the company owned 37.2 million Seligdar shares. Backstar Holdings bought 75.9 million shares in November, having increased its share…Details
Almalyk Mining and Processing Works intends to modernize its copper-processing factory. In particular, the company will replace two outdated GIST-72 screens before medium crushing with 3 new SHR-24-10.5×2.3 screens, as well as 9 GIST-71 screens before fine screening with the same number of upgraded SMR-25-12.4×2.9 screens. Moreover, two new highly efficient fine crushers will be…Details