In January-June Armenia exported 16.8 thousand tons of aluminum foil, up by 0.8% YoY, valued at $49.8 million, down by 9.1%. According to the Customs Service, the foil was exported to the US (33.1%), Germany (25.5%), the Netherlands (11.4%), Poland (9.5%), France (7%), Italy (5.8%), Austria (3.4%), Denmark (1.5%), the UK (1.2%), the Czech Republic…
DetailsThe Kumtor deposit still possesses over 104 tons of gold. Since 1997 some 384.3 tons of gold have been extracted at the deposit. “Now the total volume of gold reserves is 104.345 tons”, declared the chairman of the State Committee on Industry, Energy and Subsoil Use Emil Osmonbetov. According to Kyrgyzaltyn chairman Almaz Alimbekov, the…
DetailsIn January-August Amur region extracted 16.36 tons of gold, up by 7.6% YoY. In particular, ore gold accounted for 11.254 tons and alluvial gold – 5.109 tons. Ore gold output grew by 16%. The growth was mostly due to two Petropavlovsk mines – Albyn and Malomyr. The former produced 3.447 tons of gold, up by…
DetailsIn January-August Ukraine mined 20.293 million tons of coal, down by 8% YoY. In particular, extraction of coking coal dropped by 3.2%, to 3.939 million tons, and power-generating coal – by 9.1%, to 16.353 million tons. In August coal output decreased by 17.2%, to 2.422 million tons. Enterprises subordinate to the Ministry of Energy and…
DetailsIn January-August metal prices in Ukraine decreased by 5.4%, including local prices by 4.7% and export prices by 6.1%. According to the State Statistics Service, industrial prices at the same time grew by 7.6%, 9% and 1.5% respectively. Prices in metallic ore mining increased by 17.9%, 7.3% and 28%. This dynamics completely reflects global market…
DetailsSeverstal intends to borrow $800 million by issuing bonds with a maturity of 5 years. The interest rate will be 3.15%. The demand for the bonds with the maturity in September 2024 exceeded $2.2 billion. The company held a road show in London, Frankfurt and New York on September 5-6. Citi, KP Morgan, Societe Generale,…
DetailsThe supervisory board of the public joint stock company ArcelorMittal Kriviy Rih took a decision to hold an extraordinary meeting of its shareholders in Kriviy Rih on October 10. Agenda includes payment of dividends. Shareholders are proposed to spend 10,845 billion UAH for this that is equivalent to 2.81 UAH per ordinary share. If the…
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