Latvia: Liepājas metalurgs to resume production in February 2018

Liepājas metalurgs may resume production in February 2018, said potentially insolvent KVV Liepājas metalurgs’ investor, Israel-based businessman Igor Shamis. “In the next two, three months, we could do all we need to restart the steel melting furnace,” said Shamis. His partner in the deal is the experienced Swiss steel trader Trasteel Trading Holding. The company’s…

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Russia: Dauria obtains 768 kg of gold

During the washing season of 2017 Dauria has obtained 768.2 kg of gold, up by 6.9% YoY.

Next year the company has to obtain 550 kg of gold.

Dauria is developing alluvial gold sites on the territory of Zabaykalye region. (Ukrainian metal)

Ukraine: Russian oligarch eyes purchase of AMZ in occupied Donbas

Russian oligarch Alisher Usmanov is interested in Alchevsk Iron and Steel Works, a Ukrainian enterprise earlier seized by Russia-backed militants in the occupied Donbas, according to a Ukrainian MP, coordinator of Information Resistance analytical group Dmytro Tymchuk. Leaders of the self-proclaimed Donetsk People’s Republic (“DPR”) are failing to revive operations of most of the “nationalized”…

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