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AzerGold CJSC exported 60,552 ounces of gold and 86,806 ounces of silver in April-December, the company said in a message on December 27. The export of precious metals brought an income of 121 million manats to Azerbaijan’s economy. Having successfully passed the procedures of KYC (Know Your Customer) and due diligence required by international refining…
DetailsSeven companies of Russia’s Arkhangelsk region, engaged in mining, are interested in cooperation with their colleagues from Azerbaijan. The list of these Russian companies has been published by the Azerbaijan Export and Investment Promotion Foundation (AZPROMO). These are PJSC Severalmaz, JSC Arkhangelskgeoldobycha (diamond mining), LLC Onega Nerud (mining), JSC Severo-Onega bauxite mine (bauxite, clay, basalt…
DetailsCompanies controlled by tycoon Viktor Vekselberg have sold a combined stake of 22.3% in U.K.-registered Petropavlovsk Plc, which mines gold in Russia. Bahamas-based Renova Assets sold its entire 14.7496% stake in the gold mining company, while Metkombank, controlled by Vekselberg, sold its stake of 4.4211%, and Lamesa group, a subsidiary of Vekselberg’s multi-industry holding Renova…
DetailsSBI Carioca bulk carrier has delivered 60,000 tons of coking coal from the United States to the port of Chornomorsk in Odessa region, according to the port’s dispatcher service. The bulk carrier was moored to berth No. 1 of the first terminal on December 26. “It has delivered coking coal of Rocklick and Premium Eagle…
DetailsIn January-September Seligdar received 950.26 million rubles of net profits, up by 14% YoY. According to the company statement, its EBITDA decreased by 5.1%, to 3.111 billion rubles, while profits before taxation grew by 13.8%, to 1.193 billion rubles. Revenue increased by 6.1% YoY, to 8.333 billion rubles, with gold sales revenue down by 1.5%,…
DetailsIn November average daily output of iron ore raw materials increased from 132.1 thousand tons to 150.1 thousand tons. According to the state enterprise Ukrpromvneshexpertisa, in November Ukraine produced 6234 thousand tons of iron ore raw materials, up by 303.7 thousand tons MoM. Since the start of the year output has decreased by 1.46 million…
DetailsIn November Ukraine exported 2721 thousand tons of iron ore raw materials, down by 8.3% YoY, or by 247 thousand tons. According to the state enterprise Ukrpromvneshexpertisa, since the beginning of the year Ukraine has exported 34.4 million tons of iron ore raw materials, down by 1.5 million tons YoY. Deliveries to Slovakia increased the…
DetailsIn October Russia exported 34.3 thousand tons of steel pipes to Finland, down by 49% MoM and by 41% YoY. In January-October steel pipe exports grew 7-fold YoY, to 555.8 thousand tons. Vyksa Iron and Steel Works accounts for 56% of exports, and ChTPZ – 38%. Large diameter pipes account for around 97% of all…
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