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The state enterprise Volynugol has lost 12.6 million UAH by buying 60% of a hotel in the town of Truskavets in 2007. Since then, the hotel has never been used by miners. In December 2007 Volynugol paid 12.6 million UAH to Firma Galbud LLC for 100% in Renesans LLC. Thus the enterprise has purchased 60%…
DetailsZakhistprom Trade LLC has concluded 4 agreements on the delivery of mining rescue equipment valued at 50.34 million UAH. In particular, the company received orders for 22.61 million UAH from the state enterprise Pervomayskugol, 19.09 million UAH from Lisichanskugol, 5.22 million UAH from the Yuzhnodonbasskoye No. 1 Mine Group and 3.42 million UAH from Toretskugol.…
DetailsIn January-March, Ukraine decreased nickel ore and concentrate imports by 13.8% YoY, to 266.653 thousand tons valued at $12.696 million, down by 13.7%. According to the State Fiscal Service, Guatemala accounted for 60.62% of supplies and Indonesia – for 39.38%. In 3 months Ukraine neither exported nor re-exported nickel ore and concentrate. (Ukrainian metal)
DetailsPrecious metal prices decreased in Azerbaijan on April 12. In particular, the price of gold dropped by 24.463 manats, to 2,197.9555 manats per ounce compared to the price on April 11. The price of silver went down by 0.4093 manats, to 25.4731 manats per ounce. The price of platinum decreased by 20.604 manats, to 1,519.97…
DetailsIn January-March, Ukrainian metal companies decreased natural gas consumption by 10% YoY, to 460 million cubic meters. In March consumption grew by 3% MoM, to 150 million cubic meters. Electricity consumption in Q1 totaled some 2.920 billion kW-h, down by 4% YoY. In March, Ukrainian metal companies consumed 1 billion kW-h, up by 10% MoM.…
DetailsIn 2018 Stalkanat-Silur received 160.18 million UAH of net profit, up by 7.6% YoY. EBITDA grew by 17.5%, to 174.96 million UAH. Net income increased by 29.2%, to 2.44 billion UAH. Uncovered losses amounted to 413.66 million UAH, down from 557.17 million UAH. (Ukrainian metal)
DetailsIn January-March, Ukraine decreased titanium-containing ore and concentrate exports by 6.1% YoY, to 138.817 thousand tons, valued at $36.112 million, up by 23.8%. According to the State Fiscal Service, USA imported the most (22.4%), followed by Egypt (19.36%) and the Czech Republic (14.01%). In 3 months Ukraine imported 182 tons of ore from Senegal valued…
DetailsSteel production of Russia’s Severstal grew by 0.4% YoY, to 3.044 million tons in January-March, the company said in a statement on April 12. Cast iron production rose by 1%, to 2.363 million tons. Consolidated sales of steel products went up by 1%, to 2.832 million tons. Semi-produced good sales fell by 53%, to 121,000…
DetailsIn January-March, Ukraine increased nickel and nickel wares imports by 3.4%, to $24.133 million ($8.338 million in March) and lead by 11.8%, to $3.193 million (0.918 million), but decreased aluminum imports by 4.4%, to $78.6 million ($27.829 million), tin by 38%, to $0.809 million ($450 thousand) and zinc by 43.1%, to $12.237 million ($4.986 million).…
DetailsIn January-March, Ukraine increased copper and copper wares imports by 30.1%YoY, to $27.419 million. According to the State Fiscal Service, in March $11.753 million worth of copper and copper wares were imported. At the same time, exports decreased by 57.4%, to $19.412 million. In March Ukraine exported $7.739 million worth of copper and wares. (Ukrainian…
DetailsStainless steel consumption in 2018 grew by 5.8% YoY, to 499.2 thousand tons. In 2017 the growth was 13.9%. Local production of stainless steel last year totaled 121,846 tons, up by 2.1%. In particular, Russia produced 22,483 tons of flat rolled steel, with Krasniy Octyabr accounting for some 56%. Bars output reached 55,954 tons (ZEMZ…
DetailsIn January-March Yakovlevsky Mining and Processing Works increased iron ore output by 64% YoY, to 410 thousand tons. The enterprise also shipped 149.1 thousand tons of ore. The underground machinery fleet was enlarged with two cutter-loaders and a self-propelled boring machine. The crushing and sorting factory has completed the first stage of modernization with a…
DetailsIn 2019 the Kekura deposit in Chukotka Autonomous District is expected to start yielding gold. The license to develop the deposit is owned by Bazovyye metally, a part of HGM. As of January 1, 2018 the JORC reserves totaled 2 million ounces of gold with an average content of 7 g per ton. Mineral resources…
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