The Magadan region gold-extracting company Raiz LLC has become a winner of five auctions to develop alluvial sites in Chukotka Autonomous District. The combined price totaled 46.275 million rubles. The C1 reserves of a site on the Yuzhniy Brook are 106 kg of gold. The final price was 6.045 million rubles. The site on the…Details
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Ukrgazvydobuvannya has ordered Interpipe Niko Tube the delivery of pipes valued at 1.94 billion UAH. In 8 months the company has to supply casing pipes of its own manufacture. The cost of the agreement is 5% below the expected price (2.03 billion UAH). (Ukrainian metal)Details
In 2021, Ukraine produced 29.41 million tons of coal, up by 7% from the target. At the same time, state mines extracted 5.446 million tons, down by 19.1%. In December 2021, 2.795 million tons of coal was mined, up by 16%, with state mines providing 352 thousand tons, down by 33%. (Ukrainian metal)Details
Severniy Mining and Processing Works has invested over 190 million UAH in the purchase of 2 Cat D9R bulldozers. During a shift the bulldozers can lay 400 to 1200 meters of road depending on construction materials. Earlier, SevGOK repaired its excavator with a 10-cubic meter ladle for 90 million UAH. (Ukrainian metal)Details
In 2021, Zaporizhstal kept rolled metal output on the 2020 level – 3.204 million tons. At the same time, manufacture of steel dropped by 0.1%, to 3.778 million tons, while of pig iron grew by 0.1%, to 4.473 million tons. In December 2021, Zaporizhstal produced 400.4 thousand tons of pig iron, 340.1 thousand tons of…Details
Raiz LLC has won in the auction to develop the alluvial gold deposit on the Bolshoy Kaparveyem River in Chukotka. The auction was held on December 28, 2021. The initial price grew 6-fold, to 154.58 million rubles. The reserves are estimated at over 1 ton. (Ukrainian metal)Details
The government on January 5 transferred the rights of 15% of Zangezur Copper and Molybdenum Combine CJSC to the management of the Armenian National Interests Fund. Prime Minister Nikol Pashinyan said the state had a share in the Zangezur Combine and weighed in on criticism concerning possible corruption risks. “This deal seemed dubious to many,…Details
In 2021, Ukraine procured 4.136 million tons of scrap, up by 34.6% YoY. According to the UAVtormet Association, scrap deliveries to metal companies grew by 15%, to 3.323 million tons. Exports went up 17-fold, to 615.7 thousand tons, while import dropped by 12.8%, to 23 thousand tons. As of January 1, scrap reserves amounted to…Details
Azovstal has completed the replacement of the mixer No. 2 frame in the mixer department of the converter shop. Investments amounted to 254.4 million UAH. The new frame is made of a stronger steel grade. The project was launched in 2019. The new frame was delivered in mid-2020. Assembly lasted for 9 months. (Ukrainian metal)Details
Kyrgyzstan imposed a temporary ban on the export of scrap metal outside the countries of the Eurasian Economic Union. The corresponding decree of the Cabinet of Ministers was signed by its head Akylbek Japarov. The document stipulates that within six months it is forbidden to export scrap and waste of ferrous metals from Kyrgyzstan outside…Details
Dneprovskiy Iron and Steel Works has suspended its blast furnace, steel smelting and rolling manufacture for a month to carry out machinery repair. “DMZ suspends its operation every January to carry out current repairs in the main shops. The coke shop is operating though, as the 4 coke-oven batteries have been repaired there”, the DCH…Details
In 2021, Amur region produced 22 tons of gold, down by 7% YoY. The drop was mainly due to the reconstruction of a factory at the Pioner mine, an accident at the Berezitoviy mine, summer floods and thinning of raw materials base. This year, an increase in output is expected thanks to the reconstruction of…Details
Yuzhniy Mining and Processing Works expects to increase iron ore concentrate output by 5.5% YoY in 2021, to 13.5 million tons. This would be the highest result in the company operation in 30 years. Last year, UGOK completed the reconstruction of the Miners’ Glory Square, as well as repair of the Polytechnic college workshops. (Ukrainian…Details