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Ukraine: PFK to lack raw materials with the ban of nickel ore export from Indonesia

Solway Investment Group, owner of Pobuzhye Ferronickel Plant, is closely watching the situation with the ban of nickel ore exports from Indonesia. “So far the information from Indonesia has been controversial. We are closely watching the situation with the temporary halt of nickel ore exports and taking steps to increase purchases from other countries. For…


Russia: jewelry industry’s gold and silver consumption down in January-September 2019

Gold consumption by Russia’s jewelry industry fell by 0.24% YoY, to 25.002 tons, or 803,800 ounces, in January-September, a representative for the Assay Chamber of Russia reported. The industry’s silver consumption decreased by 2.61%, to 80.374 toes, or 2.584 million ounces, in the period. Russia’s gold jewelry production fell to 22.39 million items with a…