A fire at the Yerunakovskaya-8 mine of coal producer Raspadskaya in Kemerovo region has been liquidated, there have been no injuries, a source in the region’s emergency services reported on June 18. The source said earlier that all 114 miners were evacuated. Under preliminary data, the fire was caused by a short circuit in the…Details
PJSC Magnitogorsk Iron and Steel Works Extraordinary General Meeting of shareholders was held on June 13 with absentee voting. Shareholders approved by majority vote a dividend on MMK’s issued ordinary registered shares of 0.801 rubles (including tax) per share for the first quarter of 2018. The dividend will be paid in cash by bank transfer…Details
Poliarm LLC intends to continue geological exploration at the Lichkvaz-Tey gold and copper deposits. Poliarm bought 100% of the Armenian company, owner of the license to develop the deposits, in 2015. JORC resources of the deposits are estimated at 600 thousand ounces (18.7 tons) of gold equivalent. The Lichkvaz contains 4.3 million tons of ore…Details
As of June 1, Priisk Solovievskiy has mined 656 kg of gold on the territory of Amur region. According to deputy CEO on economic issues Victor Sizhuk, the goal was 113.9% fulfilled. Solovievskiy mine provided the main volume of output. The mine operates all the year round. Alluvial sites are developed from May to October.…Details
Izhstal has capitally repairs a finishing line of the Xetran bar mill.
The line is used to turn, polish and burnish hot-rolled metal.
All the process is automated.
Izhstal operates two more finishing lines made by Kieserling. The combined output of the lines is 35 thousand tons per year. (Ukrainian metal)
Uralmashzavod has successfully finished the main tests of one the largest winder machines on the world market, which can lift 50 tons of ore from the depth of 1300 meters. Gaysky Mining and Processing Works will be the first buyer. The construction of the machine began last year. Uralmashzavod is the only producer of winders…Details
In January-May Ukraine mined 13.9 million tons of coal, up by 0.2% YoY.
According to the Ministry of energy and coal industry, state mines provided for 1.85 million tons of coal, up by 7.6% YoY.
Power-generating coal output last year dropped by 14.6% YoY, to 34.916 million tons. (Ukrainian metal)
In January-May Ukrainian metal companies increased electricity consumption by 10% YoY, to 4.93 billion kW-h.
In May natural gas consumption remained on the April level – 140 million cubic meters.
In January-May 790 million cubic meters of gas were consumed. (Ukrainian metal)
In January-May Ukraine produced 25.22 million tons of iron ore concentrate, down by 1% YoY. In particular, sinter output increased by 22%, to 13.69 million tons, and pellets – by 12%, to 8.81 million tons. In May deliveries of iron ore raw materials to Ukrainian companies grew by 1% MoM, to 2.56 million tons. Iron…Details
In May 368 thousand tons of scrap were procured in Ukraine, up by 14% MoM. Of this 333 thousand tons were imported, up by 35% MoM. Scrap exports dropped to the 46% of the April volume, to 35 thousand tons. In January-May scrap procurement grew by 10%, to 1.561 million tons, with 1.31 million tons…Details
Metalloinvest will pay 18.999 billion rubles of dividends for 2017. The corresponding decision has been taken at the general meeting of the shareholders taking into account the net debt/EBITDA ratio of 1.9x Last year Metalloinvest net profit increased by 21.9% YoY, to $1.406 billion, with revenue up by 46.2%, to $6.231 billion and EBITDA by…Details
In July Ukraine intends to produce 1.8 million tons of steel and pig iron each, as well as 1.6 million tons of rolled metal. According to Ukrmetallurgprom, as of June 12, 20 of the 21 blast furnaces, 8 out of 9 open-hearth furnaces, 13 out of 16 converters, 7 out of 15 electric arc furnaces…Details
The citizens of Donetsk, occupied by pro-Russia terrorist forces, report a massive fire at the Kuibyshevskaya mine.
They also publish photos and videos of the fire in social networks.
The mine has been officially closed since 2009, while its administration building burned down this April. (Ukrainian metal)
VIZ-Stal has commissioned new crane machinery in the cold-rolling shops. The project valued at over 30 million rubles will improve industrial safety and manufacturing efficiency. The lifting capacity of the new bridge crane is 22 ton, up by 2 tons from the previous model, which will increase transportation volumes by 10%. Energy saving equipment used…Details
Yuzhniy Kuzbass is attracting a subcontractor to work at the Bereovsky-1 site of the Olzheransky Pit. The Region-42 LLC will be using 2 Komatsu excavators, a drilling rig, a Caterpillar bulldozer, a grader and 7 quarry dump trucks with the lifting capacity of 130 and 160 tons. June coal output is expected at 25 thousand…Details
In January-May Magadan region obtained 8.363 tons of gold and 297.8 tons of silver, up by 794.2 kg and by 1.3 tons YoY respectively. The Tenkinsky city district was the leader in ore gold mining having provided 4.5 tons of gold. Alluvial gold output totaled 1106.3 kg, with Susuman city district providing the most –…Details
Since the start of the year Gaysky Mining and Processing Works has received 15 units of mining machines. In particular the company received two Boomer S1 D drilling machines and two Charmec 1610 Be Chasis machines. The company has also acquired two Hencon TransVers Mixer machines to transport concrete mixture. This year Gaysky GOK will…Details
Rusal has appointed Elena Bezdenezhnykh the vice president on regional policy and cooperation with authorities. She will be managing the subdivisions responsible for cooperation with regional and federal authorities. Elena Bezdenezhnykh has been previously working with Norilsk Nickel as the vice president, state secretary since 2015. She started working in the metal industry in 1995.…Details
Trubodetal Works has passed the combined audit of the quality, environment and labor safety management systems. The audit has been carried out by the representatives of TUV Nord Cert. They have visited the manufacturing shops of the company and checked the compliance of the systems to world standards. Following the inspection the commission recommended TUV…Details
The Central Scientific Institute of Ferrous Metallurgy named after Bardin has successfully carried out an import-substituting project. For the nuclear industry, machine-building, aerospace and chemical industries it has created a unique material – chromium-nickel alloy. It can be used where the improved corrosion resistance is needed. The samples were tested for over 2 thousand hours…Details
The specialists of Raspadskaya Coal Company have developed a virtual mine named “My Mine”. The program is used to teach mining students and improve experience of miners. With the virtual reality helmets the users can construct an underground infrastructure of the mine, give tasks to virtual employees and control their work. Several users can be…Details
A blooming master lost a part of his leg while the metal was cut at ArcelorMittal Kriviy Rih. The accident happened on June 14. The master was transported to the city hospital. At the same time the State Labor Service reports of no accident at AMKR on June 14. But since it has reported a…Details
The Russian government has approved an agreement with the Chinese government on joint development of the Klyuchevsky gold ore deposit in the Zabaikalsky region. The project will be carried out by Zapadnaya-Klyuchi, a subsidiary of Indian investment group CAH Gold, in two years. The project will attract $500 million direct investment from China and can…Details
Russian aluminum producer RUSAL asked Prime Minister Dmitry Medvedev in early June to reduce the tariff on railway transportation of raw materials and goods to help it amid the U.S. sanctions. On April 6 the U.S. imposed sanctions against 38 Russian tycoons, government officials and companies, including Oleg Deripaska and his assets RUSAL and En+…Details
The prices for exported goods in Kazakhstan in April increased by 0.6% compared to December 2017, and for imported goods – by 1.1%, according to the Statistics Committee of the Kazakh National Economy Ministry. In the reporting period the increase in prices of export supplies was registered for copper – by 7.9%, non-ferrous and ferrous…Details
The prices of precious metals varied in Azerbaijan on June 14, according to the data published by the Central Bank. The cost of gold increased by 7.6415 manats, to 2,209.082 manats per ounce compared to the price on June 13. The cost of silver increased by 0.3063 manats, to 28.9073 manats per ounce. The cost…Details