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AzerGold company stated that its production operations were not disrupted by the COVID-19 crisis recently and that it had exported 6,769.37 ounces of gold and 15,758.29 ounces of silver worth a total of $12.2 million (AZN 20.7 million). CJSC AzerGold has used alternative transportation for export, taking into account the sharp rise in prices for…
DetailsDneprovsky Iron and Steel Works is not operating and is carrying out reconstruction. In particular, the company has announced a purchase of services on the disassembly of out-of-work objects (metal structures, machinery, pipelines, etc). The work has to be carried out in 2020. (Ukrainian metal)
DetailsUnder the project to modernize machinery at the pelletizing site, Central Mining and Processing Works has installed a Haver Scarabaeus bowl granulator. Investments totaled EUR 941 thousand. The capacity of the new granulator is 20-25% higher than of the old one. (Ukrainian metal)
DetailsArcelorMittal Kriviy Rih intends to continue mining iron ore at the horizon 1135 m of the mine named after Artem for 18 years. 466.1 thousand cubic meters of rock will be excavated each year, including 428.6 thousand cubic meters of iron ore. Reserves of the mine amount to 82.179 million tons of ore with the…
DetailsIn January-April, Zaporozhye Iron Ore Complex increased iron ore output by 0.1% YoY, to 1.507 million tons with iron content of 60.86%. In 4 months the enterprise sold 1.467 million tons of iron ore raw materials. In April, ZZhRK mined 372.6 thousand tons of ore with iron content of 60.86% and sold 396 thousand tons…
DetailsArcelorMittal Kriviy Rih continues to carry out major modernization of Sinter Plant No. 2. This is one of the key investment projects of the company that will significantly reduce industrial emission load on the region and city. Currently, there are some works in progress to install new gas cleaning plant within reconstruction of one more…
DetailsIn early May, Energomashspetsstal passed an inspection of the reactor body shell for the Tianwan nuclear power plant (China). The inspection has been passed successfully, which confirms the high quality of the shell. The shell was made of an ingot with the weight of 415 tons. Its height is 4.7 m, diameter – 3.9 m…
DetailsIn January-March, Vysochaishiy received 917.7 million rubles of net loss as opposed to a net profit of 610.2 million rubles in Q1 2019. Revenue grew by 64.9%, to 4.7 billion rubles, and sales profit – 4-fold, to 1.4 billion rubles. The company debt totaled 3.5 billion rubles. In January-March, Vysochaishiy produced 1010.7 kg of gold,…
DetailsThe authorities of the Russia-controlled Lugansk People’s Republic, a terrorist organization created by Russia, intend to “reorganize” coal industry, by shutting down a number of mines. In late April, dozens of Nikanor-Novaya miners refused to return to the surface. The main reasons of the strike were the multi-million salary debts and the decision of the…
DetailsIn April, Kazakhstan produced 236.914 thousand tons of steel, down by 39.2% YoY. In 4 months, steel output dropped by 20.4%, to 1.206 million tons. According to the Ministry of the National Economy, flat rolled metal output in April increased by 0.7%, to 212,524 tons, and in January-April – by 22.8%, to 739,127 tons. Ferroalloy…
DetailsIn January-April, Khabarovsk region extracted 5.9 thousand kg of gold, up by 11.8% YoY. Large companies were able to minimize the negative effect of the pandemics by adjusting their operation. At present 25 companies are operating in the region: 6 of them are mining for ore gold, will 16 are operating at alluvial sites. In…
DetailsPoltava Mining and Processing Works will invest $34 million in the construction of a covered warehouse for iron ore concentrate. The company has already finished earth and foundation works and has almost completed the assembly of metal structures and equipment. The construction presupposes the use of 7.5 thousand tons of metal structures. The warehouse will…
DetailsEarly on May 13, because of the high wind a hanging stage broke off in the converter shop of Azovstal. One employee died as a result of the fall, while another damaged his legs. The perished employee was born in 1974 and lived in Mariupol. (Ukrainian metal)
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