In 2019 Cherepovets Iron and Steel Works considerably decreased the volume of energy resources purchases. Thus, the company was able to save 36.6 million kW-h of electricity, 350 thousand tons of fuel and 16 million cubic meters of oxygen. The decrease is due to reconstruction of some of CherMK capacities. Last year electricity consumption totaled…Details
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In 2019 Petropavlovsk PLC produced 517.3 thousand ounces of gold, up by 42.2% YoY. The growth is due to the increase of gold content in ore at Albyn and Malomyr mines. This year the company intends to produce 620 to 720 thousand ounces of gold. Last year Petropavlovsk sold 514 thousand ounces of gold, up…Details
In 2019 Sakhalin increased coal output by 10.2% YoY, to 11.9 million tons. The annual target – 11.4 million tons – was exceeded by 4.2%. The Eastern Mining Company LLC provided the most coal volumes – 10 million tons. Sales outside the region totaled 11.5 million tons, including 126 thousand tons to the other Russian…Details
In January-November 2019 Russia produced 903.72 tons of silver, down by 12.7%, including 311.78 tons of by-product silver and 151.03 tons of secondary silver. The Far East accounts for 45% of all silver production – 415.58 tons, down by 3.6%. The Sibir Federal District yielded 13.39 tons, down by 18.5%, Ural – 10.19 tons, up…Details
In January-November 2019 Russia produced 337.26 tons of gold, up by 16.2% YoY. In particular, extracted gold accounted for 266.06 tons, up by 9.1%, secondary gold – 53.6 tons, up by 67.6%, and by-product gold – 17.6 tons, up by 22%. The Far Eastern Federal District accounted for some 50% of gold, having extracted 170.29…Details
In 2019 Magadan region yielded 46.356 tons of gold, up by 25.4% YoY, and 612.671 tons of silver, down by 5.19%. The gold target output was set at 42.7 tons. Ore gold manufacture grew by 47.18%, to 27.948 tons, and alluvial – by 2.39%, to 18.99 tons. (Ukrainian metal)Details
In 2019 Kuzbass extracted 250.1 million tons of coal, down by 2% YoY. Coking coal accounted for 75.6 million tons, up from 73.2 million tons. In particular, 27 million tons were extracted at pits (25 million tons in 2018), and 48.6 million tons at mines (48.2 million tons). (Ukrainian metal)Details
In November 2019 Russia exported 13.3 thousand tons of copper rolled wire, up by 6% MoM, but down by 9% YoY. Deliveries to Kuwait grew by 27%, to 6.8 thousand tons, and to Egypt – from 2.8 thousand tons to 2.9 thousand tons. At the same time sales to Belarus dropped from 1.2 thousand tons…Details
Atomredmetzoloto (ARMZ), a subsidiary of Russian state nuclear power corporation Rosatom, launched a gold mining venture in the republic of Yakutia in 2019, and plans to produce its first gold in 2020, ARMZ said in a statement on January 27 without disclosing the name of the field that was launched. “The gold production project in…Details
Last week, the price of one ounce of gold increased by over 13.3 manats ($7.8) or by 0.5%. The average price of one ounce of gold stood at 2,651 manats ($1,559). The price of one ounce of silver decreased by 0.1 manats ($0.06) or by 0.4%, to 30.3 manats ($17.8). The price of one ounce…Details
The Belarusian steel mill BMZ sold about 740,000 tons of innovative products to customers in 2019 or virtually one third of all the deliveries. The sum of the shipments exceeded Br770 million. The share of innovative products in the total shipments amounted to 27.3%. In 2019 BMZ manufactured 265 kinds of innovative products, including 12…Details
In 2019 Tigers Realm Coal Ltd (TIG) developing the Fandyushinskoye coal deposit in Chukotka extracted 650 thousand tons, up by 30.2% YoY. The growth is explained with the commission of new mining machinery. Out of the total volume 581 thousand tons of coal were exported, up by 47.7%. Early in 2019 the company intended to…Details
In 2019 Russian Railroads transported over 5 million TEU containers, up by 12.6% YoY. In particular, RZD transported 287.8 thousand containers with metal wares, up by 8.3%, 140.7 thousand containers with ferrous metals, up by 14.4%, and 114.6 thousand containers with non-ferrous metals, up by 6.3%. (Ukrainian metal)Details