Kazakhstan: NKR to ramp up gold production

Akim of North-Kazakhstan region Kumar Aksakalov paid a working visit to the Yesil district. During the visit, Kumar Aksakalov familiarized himself with the work of Aulie Gold Mining LLP. The Russian company has been mining gold-bearing ore since 2015. And it plans to increase production from 130 thousand to 600 thousand tons by 2018. The…

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Russia: Amur region mines 2.4 million tons of coal

In January-September Amur region yielded 2.4 million tons of coal.

Amursky Ugol carries on its program to modernize mining and transport machinery. Thus, new bulldozers appeared at Yerkovetksy and Severo-Vostochniy pits.

In 2018 the program will continue.

Yerkovetsky pit was put into operation in 1991, Severo-Vostochniy pit – in 1932. (Ukrainian metal)

Ukraine: EBRD approves granting 350 million euro to AMRK

The European Bank for Reconstruction and Development will provide ArcelorMittal Group with a loan of 350 million euro to finance capital expenditures at ArcelorMittal Kriviy Rih. The corresponding project was approved on October 4, and it would be signed within a month. The project aims to support the AMKR investment program valued at $1.1 billion.…

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Russia: Olkon assembling crushing and sorting complex

The Olenegorsky Mining and Processing Works has started assembling machinery of the crushing and sorting complex to produce crushed stone. Commissioning is planned for October. The specialists will have to assemble 3 crushers and 16 conveyors of 15-18 meters depending on the crushing fraction. There will also be a laboratory. “The Metso crushing and sorting…

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