In January-June, Irkutsk region extracted 10448 kg of gold, up by 8% YoY. Ore gold accounted for 7865 kg (+15) and alluvial gold – 2583 kg (-11%). At present 22 enterprises are extracting gold in the region. This year it is expected to extract 24737 kg of gold, including 15278 kg of ore gold and…Details
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In April, Metinvest B.V. received $742 million of revenue, down by 13.2% MoM. EBITDA dropped by $45 million, to $126 million. In particular, the corrected metal division EBITDA totaled $64 million ($108 million in March) and mining division – $94 million ($100 million). Metal division revenue fell from $672 million to $580 million, while that…Details
In 2019, Ferrexpo paid over 2.8 billion UAH ($107.6 million) of taxes to budgets of all levels. In particular, 149.9 million UAH was paid to the local budget, over 403.2 million to the regional budget and 2228.3 billion UAH to the state budget. Payments in Ukraine accounted for 94.2% of all the group payments last…Details
The state enterprise Vostochniy Mining and Processing Works has ordered Brendstaf LLC the delivery of sulfur valued ay 24.9 million UAH. This year the company has to supply 8 thousand tons of granulated sulfur with the purity of not less than 99.95% manufactured by SNPS-Aktobemunaygaz (Kazakhstan) at 3113 UAH per ton ($116). In April, VostGOK…Details
In January-May, Khabarovsk region produced 8271.5 kg of gold, up by 5.6% YoY. In particular, ore gold accounted for 7515.7 kg, up by 4%. Since the start of the washing season (late April – early May) alluvial gold output has reached 755.8 kg, up by 25.2%. (Ukrainian metal)Details
In January-May, Ukraine decreased pipes output by 30% YoY, to 334.5 thousand tons. In particular, enterprises of the Ukrtruboprom association decreased output by 37.4%, to 225.1 thousand tons. Of them, Interpipe NTZ produced 63.1 thousand tons of pipes, down by 43.7%, Interpipe NMTZ – 28.7 thousand tons, down by 37.3%, and Interpipe Niko Tube –…Details
In the first half of the year, Ukrzaliznytsia put up 160.65 thousand tons of scrap for sale at the ProZorro auctions. Of them, 104.7 thousand tons valued at $433.2 million tons were sold. Of 11 auctions held on June 23, 4 have been successful. All the lots – 18 thousand tons of scrap valued at…Details
In January-May, Almalyk Mining and Processing Works exported 38 thousand tons of copper products with the expected target of 32.5 thousand tons, or up by 17%. In particular, the company exported 35660 tons of copper cathodes, up by 18.7% from the target (30050 tons). (Ukrainian metal)Details
The State Inspection of the Nuclear Regulation of Ukraine has prolonged the license to process uranium ores to the state enterprise Vostochniy Mining and Processing Works. The decision was taken on June 22 after a considerable delay. Now the enterprise can continue operating without any hindrances. (Ukrainian metal)Details
Pechersk District Court of Kyiv has again set limitations on 50.3% of Poltava Mining and Processing Works shares. “The shares belong to Ferrexpo AG Switzerland, the sole shareholder of Ferrexpo Poltava Mining. Ferrexpo AG will soon appeal this move”, Ferrexpo plc has announced. The new court decision is similar to the one dated January 31,…Details
As of June 1, Magadan region has extracted 13.03 tons of gold, up by 238 kg. In particular, the region extracted 11.623 tons of ore gold and 1.407 kg of alluvial gold. Tenkinskiy city district yielded the most gold – 8.58 tons, with the most alluvial gold (618 kg) was extracted in Yagodinsky district and…Details
In January-March, the pipe division of Interpipe registered losses, while railroad division was profitable. Interpipe increased EBITDA by 26%, to $86 million mostly due to positive results of the railroad division. Revenue decreased by 8%, to $251 million, while net debt grew to $88 million. Pipe sales dropped by 40%, to $112 million, with railroad…Details