Belarus: BMZ revenues up in January-October 2017

In January-October Belarus Iron and Steel Works received $969 million.

According to the company statement, innovative products account for some 25% of the volume, with the major part of it produced at bars shop No. 2.

In particular, the company is producing rods for world automobile manufacturers Daimler, Volkswagen, BMW, MAN, etc. (Ukrainian metal)

Russia: Tominskiy Processing Plant lays foundations of the production facilities

The Tominskiy Processing Plant (Chelyabinsk region) has launched the construction of the main building of a plant and other production and auxiliary facilities. When completed, the plant will comprise 17 permanent buildings and facilities. The Tominskiy Processing Plant has received all the necessary construction permits for the enrichment plant facilities and related infrastructure. Excavation work…

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Ukraine: Avellana Gold gets back earlier withdrawn license for polymetal mining

The Prosecutor General’s Office of Ukraine has returned to the U.S.-based Avellana Gold international mining company the previously withdrawn special permit for the development of Muzhievo polymetallic ore deposit in Zakarpattia, the west of Ukraine, as well as confidential geological information about the field, according to the company’s press service. “The General Prosecutor Office has…

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Russia: REMZ to be reanimated

At the meeting of the Shakhty City Council the Department of economy director Vladimir Gorshkov said, that soon the Rostovsky Electrometallurgical Works would be operating at full capacity. The industrial indexes of REMZ dropped to 87%. The city is taking measures to resume normal operation at the major works. A commission has been created to…

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