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Azerbaijan: gold, silver and copper production up in January-May 2019

Some 1,395 kilograms of gold were extracted in Azerbaijan in January-May, up by 9.8% YoY, the Azerbaijani State Statistics Committee reported. Silver production in Azerbaijan increased by 18.1%. According to the statistics, the total volume of the extracted silver and concentrates reached 1,364 kilograms. Some 805 tons of copper ore and concentrates (+44.9%) were extracted…

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Kyrgyzstan: reclamation of uranium tailings in Mailuu-Suu to start in autumn

Reclamation of uranium tailings in Mailuu-Suu will begin in September-October, representative of the European Commission Pascal Daures reported. According to him, all the preparatory work within EU Programme “Environmental Remediation in Central Asia” has been completed. The European Bank for Reconstruction and Development will begin holding tenders and signing work contracts in September. As Pascal…

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Russia: MMK among Top 5 metals companies with highest investment returns globally

Magnitogorsk Iron and Steel Works (MMK) took fifth place in the global 2019 Value Creators rankings among metals companies with the highest return on investment, compiled by international consulting company Boston Consulting Group. The rankings’ methodology is based on total shareholder return (TSR) generated in the past five years. Five-year TSR for MMK shareholders from…

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