In January-June Ksenievsky Priisk, operating in Zabaikalye region, received 321.895 million rubles of net profit, up 6-fold YoY. Revenue grew by 145.5%, to 1.362 billion rubles, and sales profit – 4.3-fold, to 447.538 million rubles. As of June 30, the company has increased gold output by 45.1% YoY, to 469.27 kg. This year it plans…
DetailsRussian steelmaker Severstal sold more than 3,000 polymer-coated rolled metals under the Steel Silk and Steel Velvet brands to the E.U. clients in January-July, the company said in a statement on August 15. The company did not sell these brands of rolled metals to the E.U. last year, and it had to ensure compliance with…
DetailsPrime Minister of Kyrgyzstan Mukhammedkaly Abylgaziev during his working trip to Jalal-Abad region took part in the ceremony of opening Kichi-Chaarat concentration plant in Chatkal district, the Information Support Department of the Government’s Office of the Kyrgyz Republic reported. Kichi-Chaarat CJSC, established in 2008, is located in the rural district Kanysh-Kiya of Chatkal district. Upon…
DetailsLydian International Limited announced that the company was “relieved” and “heartened” after the release of a report on the environmental audit conducted by “Earth Link & Advanced Resources Development” on the Amulsar Project. Edward Sellers, Interim President & CEO of Lydian, commented: “We are relieved that the Audit Report has been made public, as the…
DetailsIn July Ukraine increased iron ore and concentrate exports by 75.7% MoM, to $391.8 million. According to the customs statistics, export volumes grew by 16.2%, to 3.5 million tons. In January-July exports totaled 23.3 million tons at $2.09 billion. The share of iron ore raw materials in the total export was 7.28%. China (27.07%), Poland…
DetailsIndustrial output in January-July in Kazakhstan grew by 2.7% YoY. Non-ferrous ores mining increased by 17.2% and iron ore by 1.5%. Coal exports went up by 1.9%, to 15.8 million tons. Non-ferrous metallurgy saw an 8.1% growth in output and ferrous metallurgy – 94%. (Ukrainian metal)
DetailsMechel-Service has filed bankruptcy suits to Ak Bars and its subsidiary Ak Bars Metal. The amount of suit to each company is less than 6.2 million rubles. The Ak Bars assets cost amounts to 5 billion rubles, and the net profit in 2018 was 5 million rubles. Ak Bars Metal net profit last year was…
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