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Chaarat Gold Holdings Ltd produced 26,960 ounces (more than 764 kg) of gold equivalent at its Kapan mine in during the first half of 2020, and expects to produce 55,000 ounces (more than 1559 kg) of gold for the year. The company said it also took several steps to help alleviate the impact of coronavirus…
DetailsEnergomashspetsstal has produced solid upper and lower parts of the turbine frame for the Slavyansk Heat and Power Plant. The weight of each half is over 50 tons. The size of the parts is 7300x4600x2100 mm. Previously the company produced such parts from smaller components and welded them. (Ukrainian metal)
DetailsOn August 1, the employees of Alchevsk Iron and Steel Works received 18% of their May wages. Such payments are made weekly. At the sane time, situation at mining companies is even worse. Employees of the ex-state enterprise Centerugol ask the General Prosecutor’s Office and courts, but the salaries are still not paid. The mining…
DetailsIn January-May, Russia increased gold output by 2.83% YoY, to 104.31 tons. In particular, extracted gold amounted to 86.38 tons, up by 6.66%, by-product gold – 6.79 tons, down by 7.62%, and secondary gold – 11.15 tons, up by 14.96%. Silver manufacture decreased by 7.39%, to 355.3 tons, including extracted silver – 175.39 tons, down…
DetailsIn January-July, Ukraine produced 11.87 million tons of steel, down by 6.7% YoY. Pig iron manufacture decreased by 1.1%, to 11.76 million tons, and rolled metal – by 3.2%, to 10.63 million tons. In 2019, Ukraine produced 20.82 million tons of steel, 20.05 million tons of pig iron and 18.16 million tons of rolled metal.…
DetailsDue to the drop of output, Nikopol Ferroalloy Plant will provide a part of its employees with unpaid time-off. Average monthly output decreased to 35 thousand tons. Thus, due to low loading of capacities, NZF is forced to send some of its employees home, who are not engaged in manufacture and sales. In H1, NZF…
DetailsItaly’s Genoa has finished constructing a bridge in place of the previous one, which collapsed on August 14, 2018. The reason of the accident was the destruction of a ferroconcrete rope. Under the project to restore the bridge, Metinvest has become the main steel supplier. Semi-finished products were manufactured at Azovstal, while high-quality rolled metal…
DetailsUntil September, Corum Group intends to finish delivering 40 trolleys to transport iron ore to Krivoy Rog Iron Ore Industrial Complex. So far the first batch of trolleys (20 units) has been produced by Corum Druzhkovka Works. The second batch is expected to be shipped until the end of August. The cost of the order…
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