In 2019 Magadan region yielded 46.356 tons of gold, up by 25.4% YoY, and 612.671 tons of silver, down by 5.19%. The gold target output was set at 42.7 tons. Ore gold manufacture grew by 47.18%, to 27.948 tons, and alluvial – by 2.39%, to 18.99 tons. (Ukrainian metal)Details
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In 2019 Kuzbass extracted 250.1 million tons of coal, down by 2% YoY. Coking coal accounted for 75.6 million tons, up from 73.2 million tons. In particular, 27 million tons were extracted at pits (25 million tons in 2018), and 48.6 million tons at mines (48.2 million tons). (Ukrainian metal)Details
In November 2019 Russia exported 13.3 thousand tons of copper rolled wire, up by 6% MoM, but down by 9% YoY. Deliveries to Kuwait grew by 27%, to 6.8 thousand tons, and to Egypt – from 2.8 thousand tons to 2.9 thousand tons. At the same time sales to Belarus dropped from 1.2 thousand tons…Details
Atomredmetzoloto (ARMZ), a subsidiary of Russian state nuclear power corporation Rosatom, launched a gold mining venture in the republic of Yakutia in 2019, and plans to produce its first gold in 2020, ARMZ said in a statement on January 27 without disclosing the name of the field that was launched. “The gold production project in…Details
Last week, the price of one ounce of gold increased by over 13.3 manats ($7.8) or by 0.5%. The average price of one ounce of gold stood at 2,651 manats ($1,559). The price of one ounce of silver decreased by 0.1 manats ($0.06) or by 0.4%, to 30.3 manats ($17.8). The price of one ounce…Details
The Belarusian steel mill BMZ sold about 740,000 tons of innovative products to customers in 2019 or virtually one third of all the deliveries. The sum of the shipments exceeded Br770 million. The share of innovative products in the total shipments amounted to 27.3%. In 2019 BMZ manufactured 265 kinds of innovative products, including 12…Details
In 2019 Tigers Realm Coal Ltd (TIG) developing the Fandyushinskoye coal deposit in Chukotka extracted 650 thousand tons, up by 30.2% YoY. The growth is explained with the commission of new mining machinery. Out of the total volume 581 thousand tons of coal were exported, up by 47.7%. Early in 2019 the company intended to…Details
In 2019 Russian Railroads transported over 5 million TEU containers, up by 12.6% YoY. In particular, RZD transported 287.8 thousand containers with metal wares, up by 8.3%, 140.7 thousand containers with ferrous metals, up by 14.4%, and 114.6 thousand containers with non-ferrous metals, up by 6.3%. (Ukrainian metal)Details
In 2019 Ukrainian metal companies decreased gas consumption by 2% YoY, to 1.8 billion cubic meters. Electricity consumption dropped by 5%, to 11.2 billion kW-h. (Ukrainian metal)Details
In 2019 Ukraine imported 1.209 million tons of manganese ore and concentrate valued at $210.6 million, up by 28.8% and by 15.2% YoY respectively. According to the State Tax Service, Ghana supplied 75.94% of the ore. Deliveries from Russia accounted for 19.12% and Georgia – 2.7%. Last year Ukraine exported 33.2 thousand tons of manganese…Details
In 2019 TMK decreased pipe sales by 5% YoY, mostly due to the drop in sales of the American division. At the same time Russian division increased sales by 5%, including OCTG seamless pipes by 4% and large-diameter pipes by 56%. Overall OTCG sales dropped by 11%, with Russian division selling 3% more pipes. (Ukrainian…Details
In 2019 Vyksa Iron and Steel Works hired a record number of employees. In particular, 1720 have been hired, including 337 by ways of internal rotation. This is the highest result in five years. Previously it did not exceed 1200 people per year. (Ukrainian metal)Details