Ukraine: state mines to be checked

Prime Minister Vladimir Groysman intends to initiate inspection of state coalmines. According to him, state mines are now subsidized from the budget because of the difference in price of coal mining and its sales. This year the budget envisions 900 million UAH for state mines, but these funds have already been spent. “We understand that…

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Russia: AGMK to process gold at the territory of rapid development

Far East Development Corporation and Amur Hydrometallurgical Works LLC have signed an agreement to process gold at the Komsomolsk territory of rapid development. The company intends to create the first in Russia hydrometallurgical complex to process refractory (rebellious) and twice-refractory gold and silver-containing concentrates, using the technique of the pressure oxidation. The project is estimated…

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Russia: ChTPZ to supply LDP for Gazprom strategic projects

Gazprom chairman Alexei Miller and Chelyabinsk Pipe Works chairman Andrei Komarov discussed cooperation.

In particular, they spoke of the large diameter pipe supplies.

They also discussed development of pipes for sea deposits and new types of joints.

The companies have a program of cooperation in 2015-2020. (Ukrainian metal)

Russia: SUMZ repairs Vanyukov furnace

Sredneuralsky Copper Smelting Works has put into operation the Vanyukov furnace No. 1 after capital repairs.

The project envisioned the repair of the metallic frame of the furnace, loading tract, matte and slag mixers, refractory lining, etc.

SUMZ repairs furnaces every two years.

Thus, each year one of the SUMZ furnaces is repaired. (Ukrainian metal)

Ukraine: coal imports up in January-May 2018

Imported coal deliveries to thermal and combined heat and thermal power plants in January-May grew 2.8-fold YoY, to 2.781 million tons. According to the Ministry of energy and coal industry, in particular Russia supplied 2.013 million tons of coal, or 72.4%, USA – 623.2 thousand tons (22.4%) and South African Republic – 144.8 thousand tons…

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Russia: RCC to mine gold and copper in Khabarovsk region

Russian Copper Company intends to buy a project to develop the Malmyzhskoye gold-copper-porphyry deposits in Khabarovsk region.

The second party of the deal will be IG Copper LLC.

The cost of the deal is estimated at $200 million.

The deal is expected to be finalized in Q3. (Ukrainian metal)