In 2019 Pavlik gold-extracting company yielded 6.69 tons of gold, up by 2% YoY. In early 2020, the factory produced the 25th ton of gold since the start of the operation. In 2015 Pavlik produced 1.08 tons of gold, in 2016 – 3.83 tons and in 2017 – 6.54 tons. The company processing capacity is…
DetailsIn 2019 Severstal bought 25.6 billion rubles worth of goods and services from Volgograd region companies, up by 5.6 billion rubles YoY. The share of Volgograd companies in Severstal purchases amounted to 13%. Transport services accounted for 9.3 billion rubles, up 5-fold. Severstal is constructing the third blast furnace and the coke-oven battery No. 11…
DetailsIn 2019 gold exports grew 8-fold, to $5.7 billion, with almost everything shipped to the UK. In particular, the United Kingdom purchased $5.33 billion worth of gold, up 12-fold. UK accounted for 93% of all gold exports in 2019. Other 12 countries, including Kazakhstan and Switzerland, purchased $409 million worth of gold. (Ukrainian metal)
DetailsIn December 2019 Russia exported 27 thousand tons of ferrosilicon, down by 8% MoM, but up by 17% YoY. Deliveries to Turkey decreased by 43%, to 1.7 thousand tons, to Japan – by 24%, to 7.9 thousand tons, and to South Korea – by 71%, to 1.3 thousand tons. Exports to the Netherlands grew by…
DetailsIn February, Ukraine produced over 2.55 million tons of coal, down by 0.2% from the target. The Coal Miners Union of Ukraine reported this with a reference to the data provided by the Energy and Coal Industry Ministry. Since the start of the year, coalmining enterprises of all forms of ownership have produced 5,204,410 tons…
DetailsRussian steelmaker Novolipetsk Steel (NLMK) caught fire on March 2, an official of the emergency services of the region reported. “A reversing mill was burning on the territory of the metallurgical plant,” the official said, adding that the fire was of the third type of difficulty. As of now, the fire has been extinguished. There…
DetailsThe Ministry of Natural Resources and Ecology of Magadan region expects gold output this year to amount to 46 tons. Last year 46.355 tons were extracted. Polyus Magadana yielded the most gold – 12.888 tons, or 27.8% of the total output. Polymetal extracted 6.985 tons of gold, and Pavlik deposit yielded 6.698 tons. Silver extraction…
DetailsAccording to contracts concluded, Krasniy Octyabr will produce rolled metal for the chemical industry of Uzbekistan, as well as several batches of shapes and sheet for extracting companies. The metal for chemical industry was ordered by the specialized state enterprise. The iron-nickel-based metal will be used in the repair of manufacturing lines constructed in Soviet…
DetailsThe Rosatom experts have visited Krasniy Octyabr Iron and Steel Works. They have inspected the manufacturing process, documents and shop operation. The visit lasted for 4 days. Following the inspection the auditors have submitted a positive report. Now the company could become a supplier of stainless steel sheet for the manufacture of tanks for the…
DetailsAnton Zakharov, economy director at Metalloinvest, has been appointed the managing director of Mikhailovsky Mining and Processing Works. Until a new economy director is appointed, Zakharov will perform the duties as well. In 2010-2016 Zakharov was working in the economy directorate of Metalloinvest. In 2016-2019 he was project director at USM Management LLC. In February-November…
DetailsChelyabinsk Pipe-Rolling Plant had the first meeting of its new board of directors on February 28. Andrei Komarov has been re-elected to the office of the chairman of the board and the chairman of the corporative management committee. The new board also includes the Pervouralsky Novotrubniy Plant chairman of the board Alexander Fedorov, ChTPZ CEO…
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