The tailings of the Mayskoye gold ore deposit in Chukotka will be reconstructed. The height of the dam will increase. Moreover, the road leading to the tailings will be reconstructed, and new road sites will be created. The reconstruction will be carried out at the expense of the investor – the Mayskoye gold ore company.…Details
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Amur Minerals intends to prepare a feasibility study for the Kun-Manye project until December 1, 2020. It will be based on the pre-feasibility study made in February. The Kun-Manye deposit was divided into three sites: Maliy Kurumka/Flangovy, Vodorazdelniy and Ikenskoye/Sobolevskoye/Kubuk. The company intends to extract ore from 4 quarries and 1 mine. At present the…Details
Six people were poisoned by carbon monoxide and died in mines in Kyzyl-Kiya and Sulyukta cities of Batken region, Ministry of Emergency Satiations of Kyrgyzstan reported. Three men mined coal at Abduhakar-Ken mine in Sulyukta on October 5. Six rescuers left for the place, they delivered the injured to the hospital, but they died. “The…Details
Cargo of the mining and metallurgical industries of Russia will be transported on the Baku-Tbilisi-Kars railway, ADY Express LLC reported. This was announced during the tenth international conference “Railway Transportation of Mining and Metallurgical Cargo” held in Moscow (Russia). At the event, representatives of ADY Express LLC presented their options for transporting these types of…Details
Last week the price of one ounce of gold increased by 24.429 manats or by 1%. Accordingly, the average price of one ounce of gold stood at 2,530.4755 manats. The price of one ounce of silver grew by 0.2803 manats or by 0.9%, to 29.5056 manats. The price of one ounce of platinum decreased by…Details
The Ministry of Energy of the Russian Federation is set to have doubled coal exports by 2035, Deputy Minister of Energy Anatoly Yanovsky, said at the Russian Energy Week International Forum. According to the speaker, the growth of coal prices and demand attributes to the relevance of the Strategy and Program for Russia’s Coal Industry…Details
Since the start of the season and as of October, Kseniyevsky Priisk has extracted 1334 kg of alluvial gold, up by 23 kg YoY. The annual output plan has been exceeded by 32%. This year the company is operating at 9 license sites. Kseniyevsky Priisk is the oldest gold-extracting company of the Zabaikalye region. In…Details
BMZ has participated in the Second Forum of Regions of Belarus and Ukraine in Zhitomir. The company has signed a contract on cooperation with Rosava. BMZ will supply the Ukrainian company with metal cord valued at 3.6 million euros. BMZ and Rosava, the only tire manufacturer in Ukraine, have been cooperating for over 20 years.…Details
Representatives of Kyshtym Electrolytic Copper Plant – the chief engineer Alexander Sidorenko and his deputy Anton Shabalin – have participated in the Copper 2019 conference in Canada. Since the company intends to construct a new electrolysis shop, the engineers were interested for the most part in the pure copper cathode manufacture. In particular, the modern…Details
Metalloinvest has won the SAP Value Award in the “People – the most valuable capital” nomination. The company project to automate personnel management was considered the best. The project has been carried out under the company program of digital transformation together with KSA Group. To transform the personnel management function the company has used the…Details
An accident happened at the Yenakievo Iron and Steel Works, situated on the Russia-occupied territory of Donetsk region. Locals have experienced failures in electricity supplies. Some spoke of an explosion at the works, others of a gas outburst. There is still no official confirmation of the accident. Metinvest lost control over EMZ on March 15,…Details
Interpipe will issue new foreign corporate bonds valued at $309 million under its debts restructuring of $200 million with maturity in 2017. Moreover the company will also issue 192.058 thousand and 3.086 thousand value-restoring tools (units). All the parties concerned have as of September 27 carried out all the issues stipulated in the restructure agreement.…Details
Dneprovsky Iron and Steel Works, a part of DCH Steel, in January-September decreased rolled metal output by 23.9% YoY, to 418 thousand tons. Steel manufacture dropped by 24.4%, to 504 thousand tons, and pig iron – by 24.5%, to 485 thousand tons. In September the company produced 37 thousand tons of rolled metal, 47 thousand…Details