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In January-October, the Vitim Miners Team, developing alluvial gold sites in Irkutsk region, extracted 2175 kg of gold, down by 11% YoY. The decrease was due to the postponement of the alluvial season to May 1 because of pandemic limitations. This year, the enterprise intends to produced 2500 kg of gold. Last year, the output…
DetailsMariupol Ilyich Iron and Steel Works constantly designs and manufactures new types of metal products taking into account inquiries from customers, which helps it retain strong positions on the global metal market. The sheet-rolling shop 1700 has presented the most new products this year – 8 new types of rolled metal. In particular, the mill-1700…
DetailsIn October, Dneprospetsstal decreased rolled metal output by 18.8% YoY, to 11.37 thousand tons. Steel manufacture dropped by 13%, to 16.53 thousand tons. In January-October, DSS increased steel output by 1.1% YoY, to 186.5 thousand tons, and rolled metal – by 4%, to 132.4 thousand tons. (Ukrainian metal)
DetailsKazakhmys begins operation at the Khadjikongan deposit. Copper ore reserves are estimated at 6 million tons with the copper content of 1.52%, including 1 million tons of oxidized ore and 5 million tons of sulphide ore with the copper content of 1.58%. The initial prospecting of the deposit was carried out in late 1960s. In…
DetailsIn January-September, Metinvest enterprises paid 1.023 billion UAH to the city budget of Mariupol. Azovstal, Mariupol Ilyich Iron and Steel Works, Metinvest Promservice LLC and Mariupol Repair-Mechanical Works accounted for 77.5% of payments, or 793.5 million UAH, with the rest paying 229.7 million UAH, or 22.5%. In 15 years of operation the group has paid…
DetailsIn October, Ukraine exported 202.5 thousand tons of pig iron, down by 27.6% YoY. Revenue grew by 15.5%, to $100.9 million. In January-October, exports totaled 2.64 million tons valued at $1.37 billion, up by 2.7% and by 83.9% YoY respectively. The main customer was the USA with the share of 55%. It is followed by…
DetailsIn September, Russia exported 25.3 tons of gold, down 2-fold YoY and by 22% MoM. The revenue amounted to $1.4 billion. The main customer was the United Kingdom with 19.1 tons at $1.1 billion. 1.7 tons of gold was exported to Switzerland, 1.6 tons – to India, 1.2 tons – to Germany, 1 ton –…
DetailsWithin an investment project Severniy Mining and Processing Works has finished capital repairs of an excavator with the ladle volume of 10 cubic meters in Annovskiy quarry. Investments exceeded 90 million UAH. The repair lasted for 3 months. This year, Metinvest has spent over 220 million UAH on the repair of mining and transport machinery…
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