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Zaporizhstal is negotiating a $1.3 billion loan for construction of the converter shop. “We are actively discussing this with banks and financial institutions. But it’s difficult to get investments under current circumstances in Ukraine, although the situation has normalized compared with last year”, the company CEO Rostislav Shurma said. According to him, the negotiations are…
DetailsIn January-October Donetsk region increased industrial output. In particular in metal and metal wares manufacture the increase reached 6.6% YoY, in mining – 7.1%, in coke and by-product coke manufacture – 18.7%. In October coke production dropped by 5.9% YoY, mining – by 5.2%. Metal and metal wares manufacture went up in October by 1.6%…
DetailsMonth Russian market, $/t, EXW, without VAT, $1/RUR62.9* Ukrainian market, $/t, without VAT, EXW, $1/UAH25.496* min max min max September 376 458 341 386 October 424 455 348 402 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 31.10.16 according to the National Bank of Ukraine and the Central Bank of the…
DetailsGoldBridges Global Resources intends to increase gold output in 3 years and pay dividends after it switches to mining at its Sekisovskoye gold and silver mine in Eastern Kazakhstan. In October the mine processed 20.19 thousand tons of ore and plans to reach 25 thousand tons in December, with 42 thousand tons in 2017. The…
DetailsAnglo Asian Mining has decreased its forecast for gold output in 2016 after the gold quality at Gadir mine dropped. This year the gold output target has been decreased to 67-69 thousand ounces from 69-71 thousand ounces. The company also reported that the Gedabek project had been connected to the National power system of Azerbaijan,…
DetailsMonth Ukrainian market, $/t, without VAT, EXW, $1/UAH25.496* Export, Ukraine, $/t, FOB Black sea ports Export, Russia, $/t, FOB Black sea ports min max min max min max September 250 426 315 325 315 345 October 332 448 330 352 330 350 * – Ukrainian Hrivna and Russian Ruble exchange rates are as of 31.10.16…
DetailsMednogorsk Copper-Sulfur Works, a part of UGMK, has put a new oxygen station into operation with the capacity of 5.366 thousand cubic meters per hour. The current shop of technological oxygen was constructed in 1986. The new station will allow the company to increase copper output. The construction of the first stage will determine further…
DetailsKazatomprom chairman Askar Zhumagaliev has visited China and negotiated with the management of CGNPC and CNNC. The parties discussed the nuclear energy industry development, uranium mining and transit through China, as well as delivery of the high-quality uranium to China. Askar Zhumagaliev invited his Chinese colleagues to take part in the Astana EXPO-2017 and show…
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