TZRK, a part of Vysochaishiy (GV Gold), has won an auction to develop and mine ore gold at the Ergelyakh field. The size of the site is 69.1 square km. The R1 resources are estimated at 0.12 tons, R2 – 0.6 tons and R3 – 9.3 tons. Last year TZRK mined 93 thousand ounces of…
DetailsIn February Beloretsk Iron and Steel Works increased metal wares sales by 11% YoY, to 38 thousand tons. The company has increased sales to the aviation, machine-building, construction and bearing industry enterprises. Rods with specially treated surface for the manufacture of springs and fasteners, as well as the cold-deformed rebars for the manufacture of various…
DetailsA new player has appeared on the gold-extraction market of Sverdlovsk region. Severouralskaya Mining Company LLC has received a license to prospect and mine gold at the Vilyuiskaya field. The C1 reserves are estimated at 206 kg, and C2 – 377 kg of ore gold. The company has paid 118 million rubles for the right…
DetailsIn 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.…
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