Russia: SUEK coal output up in Q1 2018

In January-March Siberian Coal Energy Company mined 28.6 million tons of coal, up by 1% YoY. Sales in Q1 grew by 10%, to 31.7 million tons, including non-coal goods. Exports reached 14.2 million tons, up by 10%. The main customers were China, South Korea, Japan, Taiwan, the Netherlands, Poland, Spain, Turkey and Germany. Growth of…

Details

Ukraine: Komsomolskoye Mine Group sees losses in 2017

In 2017 Komsomolskoye Mine Group, situated in Ukraine-uncontrolled territory, received 370.17 million UAH of net loss as opposed to 20.93 million of net profit in 2016.

The company net income fell 11.9-fold, to 30.356 million UAH.

Undistributed profit totaled 243.284 million UAH.

Last year the company produced 37.584 thousand tons of limestone. (Ukrainian metal)

Ukraine: accident at AMKR newly repaired blast furnace

While commissioning the newly repaired largest blast furnace No. 9 at ArcelorMittal Kriviy Rih, molten pig iron was spilled. The blast furnace has been in repairs since February. But while commissioning “an uncontrolled slopping of liquid pig iron occurred accompanied by a loud sound”. “The situation is under control. The blast furnace No. 9 has…

Details

Russia: Drazhnik wins gold site auction

Following the auction Drazhnik LLC has received the right to develop the alluvial gold site. The Koro-Samyr site was sold to the company for 62.634 million rubles. 2 more companies participated in the auction. Since 2001 the company has been prospecting at the site. Koro-Samyr C1 balance reserves amount to 353.4 kg of gold, while…

Details

Russia: Olkon finishes drying season

Olkon, a part of Severstal, has finished the drying season, which has lasted for half a year. The drying complex has been operating in a stable mode. In the 2017-2018 season the technological and qualitative indexes of the iron ore concentrate corresponded to the standards, including by moisture content. The average capacity of the drying…

Details

Russia: Amur region gold output down in Q1 2018

In January-March Amur region yielded 4.24 tons of gold, down by 9.3% YoY.

Petropavlovsk mines provided for the main part of the output – 1.4 tons at Pokrovsk, 1.12 tons at Albynsk, and 0.87 tons at Malomyr.

Gold mining in Amur region in 2017 grew by 15.6% YoY, to 25.77 tons. (Ukrainian metal)

Russia: Nakhodka coal terminal operation stopped

The operation of the Port Eastern Gates – Primorye Works in Nakhodka was suspended following the checks on April 28.

It was found out that the company was handling coal without the permission to pollute air.

The checks followed the complaints of Nakhodka citizens on coal dust originating from coal handling. (Ukrainian metal)