In 2018 Vysochaishiy mined the record volume of gold – 304.3 thousand ounces, up by 36% YoY. New objects, commissioned last year, improved the output results, in particular, Taryn in the Republic of Sakha and Ugakhan in Irkutsk region. They yielded 55 thousand ounces and 56.9 thousand ounces respectively. Another gold-mining record was set at…Details
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Last year copper ore mining reached 103.2 million tons, up by 8.2% YoY. Copper concentrate output grew by 15.7%, to 12.9 million tons, and copper in copper concentrate – by 15.5%, to 580.6 thousand tons. At the same time copper-zinc ores mining dropped by 4.2%, to 4.8 million tons. (Ukrainian metal)Details
In January-November 2018 Russia produced 290.3 tons of gold, up by 2% YoY. Mined gold output grew by 4%, to 243.89 tons. The manufacture of secondary and associated gold fell by 10%, to 14.43 tons and by 4%, to 31.98 tons respectively. Silver output grew by 8%, to 1 thousand tons. (Ukrainian metal)Details
In Q4 2018 Nornickel nickel output was 62 thousand tons, up by 16% QoQ. In 2018 nickel manufacture grew by 1%, to 219 thousand tons. Of the company own raw materials the output was 217 thousand tons, up by 3%. Copper manufacture in Q4 2018 grew by 3%, to 124 thousand tons. In 2018 the…Details
In order to improve competitiveness Azovstal is mastering the manufacture of new products. Among them are 300 mm thick slabs adapted to the requirements of customers from Europe and Asia. To produce them, one continuous casting machine in the converter shop has been modernized. So far the company has already shipped 10 thousand tons of…Details
The subsidiary of Uralelectromed (Manufacture of polymetals) has received a new TGM6H-UGMK locomotive. This is the first locomotive in the new series. It has an 811-hp diesel engine. Unlike the previous versions of the locomotive (TGM-4B and TGM-6D) computer is monitoring its operation. From February the locomotive will be running at the Kalata station. (Ukrainian…Details
In January Zagorsky Pipe Works has commissioned modern crane machinery. The company has spent 21 million rubles on modernizing its cranes. In particular, crane trolleys have been modernized. New extension arms have also been assembled. Due to modernization the new machinery can now get hold of a pipe in 40 to 70 seconds compared to…Details
Centerra Gold Inc., at the request of the Government of the Kyrgyz Republic, agreed to extend the First Longstop Date under the Strategic Agreement for Environmental Protection and Investment Promotion previously entered into with the Government of the Kyrgyz Republic on September 11, 2017, Centerra Gold Inc. reported. It is noted that the company and…Details
Lydian Armenia CJSC (“Lydian Armenia”) has received formal notification from the Investigative Committee of the Republic of Armenia that pursuant to the criminal investigation into alleged withholding of information by employees of the Ministry of Environmental Protection, an international consultancy group, Earth Link, and Advanced Resources Development (“ELARD”) has been selected to review all subject…Details
In 2018 Ferrexpo exported 10.287 million tons of pellets. In particular, Poltava GOK exported 7.61 million tons and Yeristovo GOK – 2.677 million tons. Pellets exports by Metinvest totaled 5.374 million tons (SevGOK – 3.136 million tons and CGOK – 2.238 million tons). Karelsky Okatysh (Russia) exported 5.293 million tons, Metalloinvest – 4.204 million tons…Details
Pokrov Mining and Processing Works is carrying out a large-scale reconstruction of its mining machinery – the rotor excavator of the rotor complex No. 9 at the Chkalovsky quarry No. 2. The work started last autumn, after an accident that occurred in early 2018. The repair is carried out all the day long. The metal…Details
Technoaliance Invest, which will be developing the Zashikhinskoye rare earth metals deposit in Irkutsk region, intends to construct a chemical and metallurgical plant in the region by 2027. The project will be carried out in 4 stages. The plant will produce tantalum, niobium, ferroniobium oxides and zirconium concentrate. The capacity of the plant will be…Details
In 2018 the largest gold extractor of Kamchatka region – Ametistovoye – produced 3105 kg of gold and 11.4 tons of silver, down by 29% and by 20% YoY respectively. The decrease in the output is not explained. This year the company intends to start constructing a mine at the Ametistovoye gold deposit. The license…Details
At the end of 2018, ArcelorMittal Kriviy Rih was one of the plants with the lowest frequency rate (0.38) among all ArcelorMittal’s assets in 14 countries (the third place). Benchmarking was done among the companies with the highest number of man-hours worked – over 16 million. Moreover, ArcelorMittal Kriviy Rih has the lowest frequency rate…Details
ArcelorMittal Kriviy Rih introduced three investment projects at public hearings, which are construction of a new LFCC-2 and 3 and coke oven gas pipeline, as well as the reconstruction of the LSM 250-4. Particularly, reports on environment impact assessment as a result of project implementation as well as further operation of new and reconstructed facilities…Details
Precious metal prices varied in Azerbaijan. The price of gold increased by 16.5325 manats, to 2,233.4705 manats per ounce on January 30 compared to the price on January 29. The price of silver dropped by 0.3547 manats, to 27.1283 manats per ounce. The price of platinum fell by 4.3945 manats, to 1,389.92 manats. And the…Details
The Prime Minister of Kyrgyzstan Mukhammedkaly Abylgaziev proposes to create a state-owned mining company. According to the head of government, the state-owned company can be opened on the basis of Kyrgyzaltyn OJSC. “Kyrgyzaltyn hardly works. The company, owning many fields, gave its share to others and as a result remained with Makmal alone. If there…Details