The construction of the “7 November-new” mine started in Kemerovo region. The mine will be developing the Sychevskiy-Perspektivniy site deposits. The license for the site was purchased in 2015 to replace the mine named after November 7, which had depleted its resources. The miners have been transferred to the Magistralniy site of the mine named…Details
In January-October Chukotka Autonomous District mined 601.5 thousand tons of coal, up 1.5-fold YoY, and by 35% from the whole last year. The main coal output is provided by Beringpromugol LLC. Since late 2016 the company has been developing the Fandyushkinskoye field deposits. This year the company has mined 471 thousand tons of coal, up…Details
Izhstal has mastered the manufacture of a contact rail used to provide the subway wagons with current. Previously such rails have been imported. The billet for the manufacture of this rail is made of low-carbon steel, and then is rolled at the bar mill-450. The trial batch of rails with the volume of 50 tons…Details
In January-October Zaporizhstal increased payments to budgets of all levels by 29% YoY, to 3.2 billion UAH. According to the company statement, payments to local budgets grew from 505 million UAH to 574 million UAH. The increase in tax payments is due to the growth of salary at the company. Thus, as of October the…Details
The Ministry of Energy and Coal Industry has not taken any decision yet on the shut down of the Novovolynskaya mine No. 9. According to the deputy minister Anatoly Korzun, the mine is intended to yield 90 thousand tons of coal next year and commission two new long faces. “We see no need to shut…Details
Svyatogor has started using the overpass No. 6 to unload loose cargo. “This overpass is very important for the stable provision of the processing manufacture with raw materials and the production of raw copper. The reconstructed overpass replaced an old one, which had been in the operation since 1947”, the company said. The construction of…Details
Severstal Steel Ropes has registered two new trademarks – Alerion and Talpa.
They will be used for elevator steel ropes and steel ropes for mining industry.
The Alerion mark has been given to the elevator steel ropes, while the Talpa mark to mining, excavator and drilling rig ropes. (Ukrainian metal)
In October direct deliveries of ferrous metals to railroad machine-builders totaled 119 thousand tons.
According to the railroad statistics, this is up by 3.9% YoY.
In 10 months deliveries grew by 21.4% YoY, to 1.25 million tons. (Ukrainian metal)
In October direct railroad deliveries of metal to the major shipbuilding and ship-repair enterprises totaled 8.1 thousand tons.
According to the railroad statistics, this is down by 35% YoY.
In 10 months deliveries reached 93.6 thousand tons, down by 23.2% YoY. (Ukrainian metal)
Prices of precious metals decreased in Azerbaijan on November 13, according to the data published by the Central Bank. The price of gold dropped by 8.3725 manats, to 2,047.531 manats per ounce on November 13 compared to the price on November 12. The price of silver fell by 0.1734 manats, to 23.9471 manats per ounce.…Details
The Russian government’s commission has approved a bill that reduces the rate of mineral extraction tax (MET) for production of rare and rare earth metals to 4.8% from 8%, the government said in a statement. “The bill suggests reduction of the MET rate to 4.8% from 8% applicable to production of ores of rare metals…Details
In January-October Ukraine imported 17.425 million tons of coal valued at $2.461 billion. According to the State Fiscal Service, the share of coal in total imports was 5.3%. The largest coal suppliers were Russia ($1.525 billion, or 62% of the whole imports), USA ($739.278 million, or 30%) and Canada ($126.946 million, or 5.2%). Other countries…Details
The Vorkutinskaya mine of Vorkutaugol has started mining coal at the new breakage face of the Troynoy layer. The reserves of the long face No. 612 are some half a million tons of coking coal. It is intended to mine 90 thousand tons of coal per month there. The length of the face is 195…Details
In Q3 Kinross Gold produced 586.2 thousand ounces of gold equivalent, down by 10.5% YoY. In 9 months the output decreased by 8.8% YoY, to 1.842 million ounces. The Kupol deposits in Chukotka yielded 366.4 thousand ounces, down by 15.8% YoY due to the extraction of ore with lesser gold content. The company has also…Details
Polymetal International plc has sold its 100% share in the platinum project Svetlobor to a group of Russian independent buyers for $5.5 million. “The project does not meet our strategy. Still, we retain a considerable project in the platinum sphere – Viksha, a large deposit, which will in future be developed”, the group chief managing…Details
The Vostoc-1 miners team has won the right to develop two sites with alluvial gold in Khabarovsk region. The enterprise, extracting gold in Amur region, has participated in two auctions. The final payment for the alluvial deposits in the Satma Brook valley was 407 thousand rubles with the initial price of 370 thousand rubles. The…Details
Energomashspetsstal has shipped a batch of back-up rolls weighing 110 tons to ArcelorMittal Temirtau. The corresponding agreement was signed in February 2017. The batch included 4 bulk rolls for the cold- and hot-rolling mills. In January EMSS won the tender to produce 1457 tons of rolls for AMT. The contract signed presupposes the delivery of…Details
Tula-Steel is finishing commissioning machinery. At a trial manufacture rebars Nos. 25 and 28, as well as channel 12U have already been produced. All the railroad routes have been created. The newly founded trading house Tula-Steel will be responsible for selling metal. The capacity of the works is 1.5-1.7 million tons of steel and rolled…Details
Severstal has produced anniversary 100-thousandth tons of rolled metal at the third line of polymer coating and at the continuous hot dip-galvanizing machine No. 3 in the metal coating shop No. 3 of Cherepovets Iron and Steel Works. The third line was commissioned on December 29, 2017. The machine with the capacity of 200 thousand…Details
Dneprovsky Iron and Steel Combine will carry out capital repairs of its converter No. 1 The waste-heat boiler has almost been disassembled, and the subcontractors have started disassembling a coffer. At the same time a new waste-heat boiler is being assembled. All the technical documentation has been received. Some 200 employees work at the site…Details
Despite sanctions and limitation from both countries, Ukrainian companies continue active cooperation with their partners from Russia. The largest exporters to Russia are Azovstal (5.5-6 billion UAH in 2017), Pokrovskoye Mine Group (1.5-2 billion UAH) and ArcelorMittal Kriviy Rih (1-1.5 billion UAH). Zaporozhkoks is also on the list. At the same time AMKR supplies only…Details
As a result of explosion late on November 10, the largest metal enterprise of Kazakhstan – ArcelorMittal Temirtau – has almost completely shut down its manufacture. The blast furnace No. 3 is currently under repair, while the operation of the blast furnaces Nos. 2 and 4 is limited. The press service of the company declined…Details
In January-October the Belarus Iron and Steel Works (BMZ) exported 1.66 million tons of metal products worth over $1 billion, the company’s Press Secretary Alexander Olesik reported. In physical terms the export growth rate totaled 107.6% as against January-October 2017. In monetary terms the figure was 131.5%, with the sales profitability at 9%. In January-October…Details
In January-September DTEK decreased coal output by 4.9% YoY, to 19.987 million tons. At the same time the output of gas coal grew by 4.6%, to 17.711 million tons. Concentrate manufacture dropped by 14.6%, to 8.995 million tons. The Obukhovskoye Mine Group in Russia produced 2.276 million tons of coal and 1.421 million tons of…Details