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Russia: BrZF sales up in H1 2019

Bratsk Ferroalloys WorksBy admin31.07.2019Leave a comment

In January-June Bratsk Ferroalloys Works increased FS-75 ferrosilicon sales 2-fold YoY. The growth is due to the changes in sales structure: the demand for the 75% silicon content alloy on the foreign markets has significantly increased. 83% of the exports went to the countries of the Asian-Pacific region. (Ukrainian metal)

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Ukraine: ATB owner invests $2 million in uranium development

uraniumBy admin31.07.2019Leave a comment

Nuclear Power Systems of Ukraine, a part of which belongs to the owner of the ATB retail network, has made considerable investments in the development of a uranium deposit. In 2017 the company received licenses from the State service of geology and subsoil of Ukraine to develop uranium ore deposits in Dniepropetrovsk and Nikolayev regions…

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Ukraine: VostGOK uranium concentrate output down in H1 2019

VostGOKBy admin31.07.2019Leave a comment

In January-June Vostochniy Mining and Processing Works decreased uranium oxide concentrate by 24.2% YoY, to 455.7 tons. In January the company produced 72.6 tons of concentrate, in February – 93.7 tons, in March – 84.3 tons, in April – 72.9 tons, in May – 52.2 tons and in June – 80 tons. In 2018 uranium…

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Russia: ZEMZ to commission new press-forge machine

Zlatoust Electrometallurgical WorksBy admin31.07.2019Leave a comment

Zlatoust Electrometallurgical Works intends to commission a new press-forge machine. This will be the second step in the modernization program, in the past two years. Previously ZEMZ has commissioned a site of the thermal roasting, having assembled 5 Bosio kilns there. The press-forge machine has arrived from Danieli, Italy. The machine is expected to be…

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Russia: first gold to be extracted from Petukh in 2021

goldBy admin31.07.2019Leave a comment

New Ore Company LLC, owning 15 licenses for the development of sites in the Far East, intends in 2021 to commission the Petukh ore occurrence in Magadan region, and in 2020 to start developing the Morozkinskoye deposit in the Republic of Sakha (Yakutia). Petukh reserves are estimated at 52 tons of gold with the possible…

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Russia: MMSK gets new local railroad crane

Mednogorsk Copper and Sulfur Works, Mednogorsk Copper-Sulfur WorksBy admin31.07.2019Leave a comment

Mednogorsk Copper-Sulfur Works has received a new railroad crane manufactured by the Kirov Machine-Building Works named after May 1. The cost of the machine is some 22 million rubles. The lifting capacity of the crane is 25 tons. Now the company has 4 units of lifting machinery. (Ukrainian metal)

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Ukraine: Interpipe NTZ profit up in H1 2019

InterpipeBy admin31.07.2019Leave a comment

In January-June Interpipe Nizhnedneprovsk Pipe-Rolling Plant increased net profit 2.1-fold YoY, to 1.918 billion UAH. Net income grew by 8.3%, to 7.639 billion UAH. Undistributed profit as of the end of the first half-year totaled 2.179 billion UAH. (Ukrainian metal)

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Armenia: Rusal Armenal assets up in 2018

Rusal ArmenalBy admin30.07.2019Leave a comment

In 2018 Rusal Armenal assets grew by 4% YoY, to 48.4 billion drams ($100.1 million), as opposed to the growth of 2.6% in 2017. The growth was mostly driven by the increase of the current assets – by 12.3%, to 20.1 billion drams ($41.6 million). Accounts receivable dropped by 90.6%, to 402.4 million drams ($0.832…

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Russia: St. Petersburg Port ferrous metals throughput down in H1 2019

Metal marketBy admin30.07.2019Leave a comment

In January-June the sea trade port St. Petersburg transshipped 3.5 million tons of cargo, down by 7% YoY. Ferrous metals throughput dropped by 26%, to 1.5 million tons. The decrease is due to the drop of exports. At the same time non-ferrous metals throughput increased by 20%, to 0.705 million tons. Throughput of scrap remained…

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Russia: Elgaugol mine stripping up in Q2 2019

ElgaugolBy admin30.07.2019Leave a comment

In April-June Elga Coal Complex improved its records. In particular, 1.2 million tons of coal were mined, up by 40% QoQ. The company has also improved mine stripping to 1.9 million cubic meters, up by 32%. (Ukrainian metal)

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Russia: Severstal Distribution sales up in H1 2019

Severstal DistributionBy admin30.07.2019Leave a comment

In January-June Severstal Distribution increased metal sales by 13% YoY, to 1.3 million tons. 22% more rolled metal of Severstal Russian Steel has been sold via the distribution network. Sales to Russian customers increased by 25%, to 550 thousand tons. SIA Severstal Distribution sales to Northern, Central and Eastern Europe increased by 9%, to 650…

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Russia: 4 gold zones found in Zabaikalye region

goldBy admin30.07.2019Leave a comment

Chitageologorazvedka, a part of the state complex Rosgeologia, is finalizing prospecting work at the Darasun ore-alluvial district at the Zharcha-Talatuy site. The object with the size of 13.3 square km is situated in Zabaikalye region. During its operation the enterprise has found 4 mineralized zones with the expected reserves of R1 gold of at least…

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Russia: UGMK-OTsM share of non-ferrous rolled metal market up in H1 2019

UGMKBy admin30.07.2019Leave a comment

The share of UGMK-OTsM on the Russian market of non-ferrous metal has increased from 35% to 44%. This is the result of the first half-year. In particular, Kirov Non-Ferrous Metals Processing Works increased brass rods and sheet, as well as copper belt manufacture by 18%, while Revda Non-Ferrous-Metals Processing Works output of copper, brass and…

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Russia: HGM to start developing Blagodatnoye in 2024

Highland Gold MiningBy admin30.07.2019Leave a comment

Highland Gold Mining Limited intends to commission the Blagodatnoye deposit in Khabarovsk region in 2024. The deposit resources are estimated at 777 thousand ounces of gold. At present the company is developing the Belay Gora deposit with the reserves of 601 thousand ounces of gold. Both deposits could be developed until 2032. Ore will be…

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