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GV Gold (Vysochaishiy) is negotiating the purchase of Zoloto Kamchatki from Renova. GV Gold intends to have an IPO in 2018, and for its success the company total output should be increased to 10-15 tons of gold per year (in 2016 Vysochaishiy produced 5.1 tons). GV Gold also showed interest in the Irkutsk region asset…
DetailsBerezitovy Mine LLC, a part of Nordgold, is celebrating 10 years since it has started developing the Berezitovoye deposits in Amur region. So far the company has mined 19.8 million tons of ore, producing over 28.5 tons of gold and 33.2 tons of silver. Gold reserves at the site are estimated at 33 tons with…
DetailsThe 23-ton hammer has resumed operation at the shop No. 3 of VSMPO-Avisma after capital repairs. In a month the main elements of the structure – steel pillars – have been replaced. On September 21 the commissioning of the hammer began. In a day, after all the minor malfunctions have been corrected, the hammer was…
DetailsThe State Subsoil Service has sold 3 licenses to prospect and develop alluvial gold sites in Khabarovsk Krai. Granitny, Poni Bolshiye-Tudur and Ayan sites have been auctioned. All the licenses have been purchased by local companies. The license to develop the Granitny site with the gold reserves of 87.3 kg for 3.575 million rubles has…
DetailsOver 3 thousand tons of flanged beams, produced by Evraz NTMK, have been supplied to the construction of the Salaryevo depot, which will be servicing the Sokolnichya line of the Moscow subway. The company supplies 70B1 S 255 beams. Evraz NTMK beams are used in the major urban infrastructure development projects in Moscow and Russia.…
DetailsBrok-Invest-Service believes that metal prices in October will be high. The beginning of the month has already seen the rise in all ferrous metal prices. The hot-rolled metal has reached its highest prices, so no new increases are expected, except for plates. Demand in the pipe segment is stable, and the price is steadily growing.…
DetailsFollowing a recent earthquake, a pit with the diameter of 300 meters and the depth of 50 meters appeared at a mine in Lviv region. The mine is situated in the zone developed by Polymineral Mining and Chemical Enterprise. A basin with mineral water could appear there in time. (Ukrainian metal)
DetailsDonetskstal resumes operation. According to the leader of the so-called Donetsk People’s Republic, the Russia-created and supported terrorist organization, Alexander Zakharchenko, the smelting shop of the enterprise has been put into operation. “In October we will get the first metal as planned”, he said. Earlier DPR reported on the renaming of Donetskstal into Yuzovka Iron…
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