Early on October 6 a fire broke out at the Tsentralnaya mine of the state enterprise Toretskugol. The fire started at the depth of 1026 meters. The rescuers were able to bring 212 miners to the surface. There were no casualties or injured as a result of the fire. The operation of the mine has…Details
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The start of the metal exports via sales at an exchange, scheduled for January 1, 2020, could be postponed. The corresponding draft decree has been sent to the government. In particular, the Ministry of Industry and Trade wants the exchange sales not to start in 2020, but wants some kind of a transition period. The…Details
In January-September the East-Siberian Railroad transported 47.4 million tons of cargo, down by 0.5% YoY. In particular, 4.4 million tons of iron ore were transported, up by 14.8%, and 418 thousand tons of ferrous scrap, up by 11.5%. At the same time transportation of coal dropped by 2.1%, to 21 million tons. (Ukrainian metal)Details
In January-September RZD transported over 3.65 million tons of TEU containers, up by 12.7% YoY. Domestic transportation reached 1.52 million TEU, up by 8.6%, transit – 409.4 thousand TEU, up by 7.4%, export – 935.7 thousand TEU, up by 12.4%, and import – some 788 thousand TEU, up by 25.6%. Ferrous metals accounted for 102.3…Details
The tailings of the Mayskoye gold ore deposit in Chukotka will be reconstructed. The height of the dam will increase. Moreover, the road leading to the tailings will be reconstructed, and new road sites will be created. The reconstruction will be carried out at the expense of the investor – the Mayskoye gold ore company.…Details
Amur Minerals intends to prepare a feasibility study for the Kun-Manye project until December 1, 2020. It will be based on the pre-feasibility study made in February. The Kun-Manye deposit was divided into three sites: Maliy Kurumka/Flangovy, Vodorazdelniy and Ikenskoye/Sobolevskoye/Kubuk. The company intends to extract ore from 4 quarries and 1 mine. At present the…Details
Six people were poisoned by carbon monoxide and died in mines in Kyzyl-Kiya and Sulyukta cities of Batken region, Ministry of Emergency Satiations of Kyrgyzstan reported. Three men mined coal at Abduhakar-Ken mine in Sulyukta on October 5. Six rescuers left for the place, they delivered the injured to the hospital, but they died. “The…Details
Cargo of the mining and metallurgical industries of Russia will be transported on the Baku-Tbilisi-Kars railway, ADY Express LLC reported. This was announced during the tenth international conference “Railway Transportation of Mining and Metallurgical Cargo” held in Moscow (Russia). At the event, representatives of ADY Express LLC presented their options for transporting these types of…Details
Last week the price of one ounce of gold increased by 24.429 manats or by 1%. Accordingly, the average price of one ounce of gold stood at 2,530.4755 manats. The price of one ounce of silver grew by 0.2803 manats or by 0.9%, to 29.5056 manats. The price of one ounce of platinum decreased by…Details
The Ministry of Energy of the Russian Federation is set to have doubled coal exports by 2035, Deputy Minister of Energy Anatoly Yanovsky, said at the Russian Energy Week International Forum. According to the speaker, the growth of coal prices and demand attributes to the relevance of the Strategy and Program for Russia’s Coal Industry…Details
Since the start of the season and as of October, Kseniyevsky Priisk has extracted 1334 kg of alluvial gold, up by 23 kg YoY. The annual output plan has been exceeded by 32%. This year the company is operating at 9 license sites. Kseniyevsky Priisk is the oldest gold-extracting company of the Zabaikalye region. In…Details
BMZ has participated in the Second Forum of Regions of Belarus and Ukraine in Zhitomir. The company has signed a contract on cooperation with Rosava. BMZ will supply the Ukrainian company with metal cord valued at 3.6 million euros. BMZ and Rosava, the only tire manufacturer in Ukraine, have been cooperating for over 20 years.…Details
Representatives of Kyshtym Electrolytic Copper Plant – the chief engineer Alexander Sidorenko and his deputy Anton Shabalin – have participated in the Copper 2019 conference in Canada. Since the company intends to construct a new electrolysis shop, the engineers were interested for the most part in the pure copper cathode manufacture. In particular, the modern…Details