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In January-September Buryatzoloto received 437 million rubles of losses as opposed to 870 million rubles of net profit in January-September 2016. In Q3 revenue dropped by 2.5 billion rubles, or by 38.6% YoY, to 4.04 billion rubles. Buryatzoloto is the largest gold manufacturer in the Republic of Buryatia. Last year it produced 98 thousand ounces…
DetailsMikheyevsky Mining and Processing Works has finished the scheduled repairs of its autogenous grinding mill (AG mill). One of the processing lines was shut down for repairs, thus the output dropped by 50%. At the same time, the repair was carried out in 64 hours instead of 84. Mikheyevsky GOK is situated at the Mikheyevskoye…
DetailsIn January-October Evraz Sukhaya Balka produced 2.08 million tons of iron ore, up by 7% YoY. In October the works yielded 233 thousand tons of ore. On November 7 Sukhaya Balka license to mine iron ore was prolonged for 20 years. In 2016 the company produced 2.564 million tons of ore, down by 8.8% YoY.…
DetailsZaporozhogneupor, the largest manufacturer of refractories in Ukraine, has successfully passed a re-certification audit of its main manufacturing shops, departments and services for the compliance with ISO 9001:2015 requirements. TÜV Thüringen e.V. (Germany) carried out the audit on November 7-10 and confirmed the correspondence of the quality management system of the works to the standard.…
DetailsThe insolvent KVV Liepajas metalurgs could be sold in parts in case a new investor is not found. According to the minister of economy Arvil Asheradens, one potential investor has been selected who wants to test the arc furnace. The tests are planned to be complete on December 19, after that the investor will decide…
DetailsNLMK Group, an international steel company with operations in Russia, the USA and the European Union, has supplied transformer steel to the Siemens Transformers plant based in the city of Voronezh, Central Russia. The steel product will be used to make a transformer for Burnoye Solar-2 solar power park, which is currently under construction in…
DetailsPJSC ArcelorMittal Kriviy Rih will allocate 15 million UAH in social projects for Shirokovskiy district, Dnepropetrovsk region, a place where company’s mining facilities are located. The Agreement on social co-operation for social & economic development between the state administration of Shirokovskiy district, Shirokovskiy district council and PJSC ArcelorMittal Kriviy Rih has been signed by Chief…
DetailsPJSC ArcelorMittal Kriviy Rih has become the first full-scale mining and metallurgical enterprise in the world – the owner of two certificates of approval for the Sustainability Management System and the Responsible Sourcing System according to BES 6001 standard. These two certificates will become additional advantage for PJSC ArcelorMittal Kriviy Rih towards competitors in the…
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