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Karelsky Okatysh has commissioned a new warehouse. Its capacity is some 70 thousand tons of pellets. The main peculiarity of the new site is its machinery, which allows simultaneously storing pellets of various kinds. These are two conveyers, one of which brings products to the warehouse, while another returns them for loading. Their total length…
DetailsBeloretsk Iron and Steel Works has certified the surfacing wire of high-alloyed steel grades at the National Agency of Welding Control. The first batch of the certified wire will be sent to Blagoveschensk Rebars Works in January 2018. The tests have confirmed that the wire allows obtaining a qualitative and strong surface of machinery parts.…
DetailsThe Federal Antimonopoly Service found out that in 2013-2015 Evraz set the profitability of 1058 mm wheel manufacture 4 times higher as that on the market. According to FAS, Evraz occupies the “dominating position on the Russian railroad wheels market” and has violated the law on competitiveness protection. In the past 5 years Evraz share…
DetailsAs of December 4, Irkutsk region yielded 21.4 tons of gold, including 10.8 tons of alluvial gold and 10.6 tons of ore gold. 4 companies provided for the main yield – 17.3 tons, including Polyus Verninskoye (5.9 tons), Lenzoloto (4.5 tons), Vysochaishiy (3.9 tons) and Vitim (2.9 tons). Druza obtained over 900 kg of gold…
DetailsThree gold deposits were put up for auction, the State Committee of Industry, Energy and Subsoil Use reported. Kumbel gold deposit was discovered in 1936. Its reserves estimate has never been approved. The starting price is $9,120. The auction will be held on January 24, 2018. In addition, Issyk-Ata area with a starting price of…
DetailsAvdiivka Coke and Chemical Works is repairing furnaces. In May after 3 years of forced idleness the eighth battery resumed coke manufacture. But because of frequent halts and the temperature falls refractory lining at some furnaces has been destroyed. According to the company CEO Musa Magomedov, because of the military activities, the works had to…
DetailsThe State committee on geology and mineral resources has this year attracted 4 foreign investors to prospect 10 gold deposits. The agreements have been signed with B2Gold (Canada), NordGold (UK), TUMAD (Turkey) and Shindong Resources (South Korea). Gold reserves on these deposits are not revealed, but investments in prospecting could total $8 million. The agreements…
DetailsIn January-November Amursky Ugol mined 3.1 million tons of coal. Out of the total volume the Severo-Vostochny pit yielded 1.2 million tons, up by 12% YoY. Yerkovetsky pit miners obtained 1.9 million tons of coal. This year the company has supplied over 1 million tons of coal to utility and housing enterprises of the Amur…
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