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Since the start of the year Korshunovsky Mining and Processing Works has invested 130 million rubles in the modernization of the manufacture. In particular, the enterprise has purchased a rod mill, two dredge pumps, and four magnetic separators. The new machines will improve ore processing and iron ore concentrate manufacture. In 2018 KGOK produced 1.972…
DetailsIn February industrial output in Donetsk region decreased by 8.6% MoM. In particular, in January-February coal mining grew by 18.4%, to 2.2 million tons. Coke output dropped by 5.8%, to 820.3 thousand tons, and in February – by 14.1% MoM. Pig iron manufacture fell by 10.6%, to 1.3 million tons, and steel – by 0.2%,…
DetailsAmur Zoloto LLC, developing gold sites in Khabarovsk region, in January-February produced 152.8 kg of gold. In particular, the Yubileyniy Mining and Processing Works at the Krasivoye deposit processed 16.4 thousand tons of ore and 1.3 thousand tons of concentrate. Gold output totaled 152.1 kg and silver – 141.1 kg. Another site – the Brekchievaya…
DetailsEnergomashspetsstal is finishing the work on the international order to produce and supply billets to be used in the manufacture of reactor machinery for the Akkuyu NPP in Turkey. A delegation of the Turkish Nuclear Energy Agency visited the company on March 20-22. The experts inspected the billets and discussed the manufacturing process. All in…
DetailsIn 2018 Dneprovsky By-product Coke Plant received 373.62 thousand UAH of net losses as opposed to 1.19 billion UAH of net profit in 2017. The undivided profit totaled 1.37 billion UAH as of the end of 2018. Accounts receivable grew by 4.8%, to 9.68 billion UAH, fixed liabilities – 2.7-fold, to 336.61 million UAH, and…
DetailsThe state enterprise Ukrpromvneshekspertisa forecasts that in April scrap deliveries to metal companies will grow by 7% MoM, to 245 thousand tons. In March deliveries will grow considerably on the basis of increasing purchasing prices and seasonal improvement of procurement. In April-May delivery level will be roughly on the same level. The forecast volumes of…
DetailsIn 2018 Raspadskaya increased net profit by 50.57% YoY, to 27.9 billion rubles. Revenue grew by 34%, to 68 billion rubles. Combined output went up by 11%, to 12.7 million tons. (Ukrainian metal)
DetailsThe state enterprise Lvivugol has ordered Corum Trading LLC the delivery of mining machinery valued at 107.42 million UAH. This year the Stepova Mine will receive a CLS450.00.00.000 cutter-loader for 62.48 million UAH and a drag conveyer with the length of 300 m valued at 44.94 million UAH. The price is 11% lower than the…
DetailsIn 2018 Ukrainian Mining and Metallurgical Company received 118.19 million UAH of net loss, as opposed to the net profit of 149.26 million UAH in 2017. The uncovered losses as of the end of last year amounted to 117.71 million UAH. UGMK was created in 1998. It is one of the largest metal and pipe…
DetailsIn 2018 the net profit of Yuzhuralnickel was 478 million rubles, up from the net losses of 1.52 billion rubles in 2017. Revenue amounted to 88 million rubles in 2018 and 102 million in 2017. In 2012 the company suspended operation for an indefinite period because of the world metal prices drop. (Ukrainian metal)
DetailsNergeoprom LLC has started excavating works in Zabaikalye region. Its quota for this year is 600 kg, but the company intends to extract some 650 kg of alluvial gold. Last year the company yielded 571 kg of gold with the target of 550 kg. In 2019 Nergeoprom will be operating at three sites: Urulga, Zharcha…
DetailsThis year Geologorazvedochnaya Ekspeditsia No. 324 LLC intends to extract 120 kg of alluvial gold, down by 20% YoY. “Last year we did not reach our output target. Because of the bad weather we extracted only 65 kg at two sites – Sazhenka and Shirokiy Brook – instead of 150 kg that we planned”, the…
DetailsIn Q1 Pobuzhye Ferronickel Plant completed the campaign to repair its main machinery, planned for the current year. “We have replaced lining at the tube-type rotary kiln No. 1 and the dome of the ore-thermal furnace No. 1. For the first time in 7 years. We hope it will operate for some 5-6 years more”,…
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