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In January-September Khabarovsk krai obtained 17.588 tons of gold, up by 19.1% YoY. In particular, ore gold amounted to 13.891 tons, and alluvial gold – 3.696 tons. Silver output totaled 47.282 tons, up by 41.8%. Gold output increase was due to Svetloye LLC (Polymetal), Mnogovershinnoye (Rusdragmet LLC) and Amur Zoloto (Russian Platinum). Okhotskaya Mining and…
DetailsKirov Non-Ferrous Metals Processing Works has started assembling new machinery at its rolling and press shop. EZW43Q-90*1300 plate-leveling machine (China) is used to level sheets and plates with the thickness of 20-90 mm. Training of the personnel and the commissioning works will be completed in November. With the new machine KZOTsM will start manufacturing a…
DetailsTrubodetal has received 93.41 points out of 100 possible for its business reputation. This was the first time that the company evaluated its reputation. Thus the works has confirmed its correspondence to the InterGazCert certification. “Business reputation is the most important immaterial asset, which considerably increases the market cost of the company and gives it…
DetailsIn July-September steel output grew to 4.4 million tons, by 6% QoQ and by 8% YoY, due to increased output at NLMK’s Russian divisions driven by the seasonal uptick in demand on the Russian market. Group sales grew by 1% both QoQ and YoY, to 4.24 million tons. Key growth factors: seasonal growth in demand…
DetailsThe state enterprise Lvivugol has ordered A.S. Group LLC the delivery of miner’s lamps valued at 3.74 million UAH. The company will supply 2780 lamps at 1345.56 UAH apiece. 4 companies submitted offers to participate in the trade, but only two were allowed. A.S. Group LLC competitor was Forma Trade LLC. (Ukrainian metal)
DetailsMetinvest is evaluating the possibility of supplying hot-rolled metal to alternative markets because of the EU duty. “But even now we see that we will not be able to compensate for the whole volume of the European market. So a decrease in output is possible”, the company said. Metinvest also hopes that the EU will…
DetailsRussian Platinum has postponed the start of the Jerui deposits development for 2 years. According to the license, this year a gold-extracting factory should have started operation at the site. But Russian Platinum just starts preparation works. For the delay the company will be fined $100 thousand each month. Jerui was supposed to yield some…
DetailsOdina is completing its mining of gold at Shugnov deposits. The gold-bearing ore reserves on the site are running low, and the company hopes to obtain licenses to develop new deposits. In 2005 Odina, one of the few companies to operate solely on investments from Tajik business, received a license to develop Shugnov deposits with…
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