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Kyrgyzstan: law on biosphere zone not violated during uranium mining

uraniumBy admin03.05.2019Leave a comment

Law on biosphere zone of Issyk-Kul lake is not violated because of uranium exploration at Tash-Bulak deposit, Head of the State Agency for Environmental Protection and Forestry, Abdykalyk Rustamov, said at a meeting of the Parliament. According to him, Kyzyl-Ompol group of uranium deposits is located in the rehabilitation zone of Issyk-Kul biosphere territory. The…

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Ukraine: metal output up in April 2019

Ukrainian pig iron output, Ukrainian rolled metal output, Ukrainian steel outputBy admin03.05.2019Leave a comment

In April, Ukraine produced 1.98 million tons of steel, up by 0.8% MoM. Pig iron manufacture grew by 2.1%, to 1.87 million tons, while that of rolled metal dropped by 1.7%, to 1.67 million tons. In January-April, Ukraine produced 7.08 million tons of pig iron, 7.49 million tons of steel and 6.43 million tons of…

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Kyrgyzstan: rally against uranium mining held in Karakol city

uraniumBy admin03.05.2019Leave a comment

A rally against uranium mining took place in Karakol city, a human rights activist Kamil Ruziev reported. According to him, the protest was held at the city stadium. “About 100 people participated in it. Our main demand is to stop mining and development of uranium. We indicated our demand in the resolution,” said Kamil Ruziev.…

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Ukraine: CGOK profit down in 2018

Central Mining and Processing WorksBy admin03.05.2019Leave a comment

In 2018 the Central Mining and Processing Works received 2.254 billion UAH of net profit, down by 16.8% YoY. Net income grew by 5.7%, to 11.338 billion UAH. Undistributed profit as of late 2018 totaled 5.788 billion UAH. EBITDA decreased by 22.3%, to 2.568 billion UAH. (Ukrainian metal)

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Ukraine: Panteleymonovka Refractory Works still idle in 2018

Panteleymonovka Refractory WorksBy admin02.05.2019Leave a comment

In 2018 Panteleymonovka Refractory Works was idle, as in 2016-2017 due to being situated in the military operations zone on the Ukraine-uncontrolled territory. Last year the company received 1.801 million UAH of net profit as opposed to 1.813 million UAH of net losses in 2017. The average number of employees last year was 55 people,…

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Kyrgyzstan: YurAsia has no permits to develop uranium deposit

uraniumBy admin02.05.2019Leave a comment

“YurAsia company obtained a license for prospecting only, and now the company does not have permits for development,” the First Deputy Prime Minister of Kyrgyzstan Kubatbek Boronov said at a meeting of the Parliament. Members of the Parliament heard the information of the government on measures to ensure radiation safety of the population of Kyrgyzstan.…

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Ukraine: 3 Metinvest GOKs get 15.8 billion UAH of net profit in 2018

Metinvest Group of CompaniesBy admin02.05.2019Leave a comment

In 2018 three mining and processing works of the Metinvest Group received the consolidated net profit of 15.8 billion UAH. In particular, Ingulets Mining and Processing Works received 5.3 billion UAH of net profit, down by 11.9% YoY. Its net income grew by 19.1%, to 18.7 billion UAH. Severny GOK increased net profit by 5.4%,…

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Ukraine: Ceramet profits in 2018

CerametBy admin02.05.2019Leave a comment

In 2018 Ceramet received 2.167 million UAH of net profit as opposed to the net loss of 48.265 million UAH in 2017. The company net income grew by 13.7%, to 1.092 billion UAH. This year Ceramet intends to increase scrap sales to 1 million tons, and shavings briquettes – to 50 thousand tons. Last year…

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Ukraine: Metinvest steel output up in Q1 2019

Metinvest Group of CompaniesBy admin02.05.2019Leave a comment

In January-March, Metinvest produced 1.941 million tons of steel, up by 6% YoY. In particular, Mariupol Ilyich Iron and Steel Works produced 154 thousand tons and Azovstal – 62 thousand tons. The increase is due to the absence of capital repairs of converters and the commissioning of the continuous casting machine. Pig iron output dropped…

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Azerbaijan: precious metal prices down on May 2, 2019

precious metalsBy admin02.05.2019Leave a comment

Prices of precious metals decreased in Azerbaijan on May 2 compared to the prices of May 1. The price of gold dropped by 9.3585 manats, to 2,167.0155 manats per ounce. The price of silver fell by 0.3861 manats, to 24.9784 manats per ounce. The price of platinum went down by 34.6715 manats, to 1,471.7580 manats…

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