In May gold extraction will start at the Polyanka deposit in Khabarovsk region. So far the Resurs LLC has already prepared the crushing complex of the processing factory with the capacity of 600 tons of ore per hour. In the first year of operation it is expected to produce 1.5 tons of gold. The gold…
DetailsThe Vostoc-2 miners team intends to extract 67 kg of alluvial gold this season. In particular, the team will finish developing the Moiga site, though the license is valid until March 2022. The team will also be developing the site at the Kuzkin Brook. Last year the team extracted 64 kg of gold. (Ukrainian metal)
DetailsAccording to the current development strategy of Kyrgyzaltyn OJSC, work will be aimed at transforming the company from a production enterprise into a management company with a holding structure, Chairman of the Board of Kyrgyzaltyn, Almaz Alimbekov, declared. According to him, in the future, the main areas of activity of the holding company should be…
DetailsThe second rolling shop of the Belarusian steel mill BMZ has made 2 million tons of products. The milestone batch of products was shipped to the Netherlands. The second rolling shop is designed to make a broad range of rolled products, section iron, reinforcing bars, and other kinds of merchandise. It was commissioned in 2015.…
DetailsEnergomashspetsstal has shipped another batch of rolls to ArcelorMittal Temirtau. In particular, the company has shipped 8 bulk supporting rolls for cold- and hot-rolling mills. The total weight of the batch is 268 tons. The companies have been cooperating since 2010. In January the companies signed a contract according to which EMSS had to produce…
DetailsIn February Yuzhniy Mining and Processing Works produced 985.5 thousand tons of concentrate, up by 7.6% YoY. At the same time sinter manufacture dropped by 33.6%, to 105.9 thousand tons. In January-February UGOK produced 2087.2 thousand tons of concentrate, up by 6% YoY. Sinter manufacture fell by 27.3%, to 211.6 thousand tons. (Ukrainian metal)
DetailsThe Russian Industry and Trade Ministry may ban exports of ores and concentrates of non-ferrous metals as well as scrap and waste of precious metals from May 1 through October 31. The draft ruling’s note said that the capacities of the Russian precious metals refineries were loaded by less than 30% in 2018, while revenue…
DetailsRussian aluminum giant UC RUSAL expects global aluminum demand to rise by 3.7% YoY, to 68 million tons in 2019, as the market recovers from the trade wars and after supply crises of July-December 2018, the company said. In 2018, global demand for aluminum grew by 3.6%, to 65.6 million tons, and demand in China…
DetailsIn 2018 Russia exported 5.74 million tons of scrap valued at $1660 million, up by 6.9% and by 24.9% YoY respectively. Turkey accounted for some 43% of the purchases, up by 4.9%. In December 2018 the average prices was $256 per ton, up by 2%. The share of Belarus is 24.2%, up by 4.8%, and…
DetailsThe Ministry of Industry and New Technologies is calling on the Tajik-Iranian gold-extracting company Pakrut to increase output and processing. Since 2014 Pakrut has been fully owned by China Nonferrous Metal International Mining Co., Ltd. The first gold ingots were produced in early 2017. The same year the Pakrut mine was damaged by snow avalanches.…
DetailsIn January Armenia decreased metal output by 5% YoY. In particular, ferromolybdenum manufacture grew by 40.9% YoY, to 486 tons, as opposed to a drop of 41.4% last year. Molybdenum concentrate output decreased by 14.1%, to 822 tons, copper concentrate – by 14.9%, to 24 thousand tons, and zinc concentrate – by 5.7%, to 729…
DetailsWhile discussing the coal industry development, the President of Uzbekistan ordered the Ministry of Finances and Energy to optimize coal prices in order to improve the industry profitability and cover investment expenses. Even with the high potential of the coal deposits, the plans to mine coal have not been met lately. The technical and technological…
DetailsThe ChTPZ group has carried out an investment project to modernize the manufacturing complex of the cold-deformed pipes, New Prestar machinery to treat stainless pipes has been assembled at the Pervouralsky Pipe Works. Investments exceeded 15 million rubles. The new machine provides for faster and more precise cutting of pipes with diameter of 83 to…
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