Raspadskaya mine extracted 806 thousand tons of coal in November, up from the target of 684 thousand tons. This is the best monthly result among Raspadskaya Coal Company enterprises. This is also the highest result for the past 8 years. The mine is managed by the Raspadskaya Coal Company and extracts coking coal. (Ukrainian metal)Details
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In January-November Priisk Solovievsky extracted 2933.9 kg of gold on the territory of Amur region, down by 2.2% YoY. 1992.9 kg accounted for alluvial gold, and the rest (941 kg) for ore gold from the Solovievsky deposit. In 11 months of 2017 the company extracted 2999.4 kg of gold, including 2055.2 kg of alluvial gold…Details
In 2019 the Fund of pipe industry development expects pipe consumption in Russia to grow by 1% YoY, while output will increase by 4%. OCTG pipes segment will grow by 4%, oil and gas pipes – by 2%, and construction and industrial pipes by 1%. In 2018 the volume of boring all over Russia increased.…Details
The Pipe Metallurgical Company has for the fist time shipped a batch of casing pipes with the diameter of 244.48 mm of the L80 strength group with TMK UP PF joints to Sakhalin Energy Investment Company Ltd. The pipes have been successfully unloaded at the Astokhskoye deposits in the Sea of Okhotsk. The order has…Details
Chelyabinsk Iron and Steel Works and Mechel-Coke have been switched to a special mode of operation to decrease pollution under unfavorable weather conditions. In particular, ChMK has shut down its 125-ton electric arc furnace, one furnace in rolling shops Nos. 1 and 4, two crushers, etc. The manufacture in the rolling shop No. 4 has…Details
In January-November Ukraine exported 823.45 thousand tons of ferroalloys valued at $899.895 million, down by 3.2% and by 11.4% YoY respectively. According to the State Fiscal Service, the main importers were Turkey (17.37%), Italy (14.99%) and the Netherlands (13.7%). At the same time Ukraine imported 51.24 thousand tons of ferroalloys valued at $148.9 million, down…Details
The country’s two giants, Bakyrchik mining enterprise and Sary Arka Copper Processing, are set to reach full production capacity. “The advanced mining enterprise using the latest equipment and technologies is set to produce 10 tons of gold concentrate an average per year. Realization of the project will let excavate gold ore within nine years and…Details
The employees of the Lesnaya mine in Chervonograd have announced an underground strike because of the salary debts. Since midday of December 10 miners of two shifts have remained underground. On December 6 the miners informed the management of the state enterprise Lvivugol about the possible strike. Since they have not been paid for October…Details
Metinvest is carrying out a process to liquidate Donetskkoks situated in the temporarily occupied territory of Donetsk region. On December 27 the extraordinary meeting of the company shareholders will hear the liquidator’s report. The decision to liquidate the company was taken by the Donetskkoks shareholders on March 29. (Ukrainian metal)Details
Russia’s gold production rose by around 3.4% YoY, to 243.06 tons in January-September, the Union of Gold Producers of Russia said on December 11 in a statement. Mined gold production increased by 3.4%, to 194.857 tons, while by-product gold production fell by 12.8%, to 11.689 tons, gold scrap production went down by 3.8%, to 25.103…Details
Gold and platinum prices decreased on December 11, while silver and palladium prices increased, according to the Central Bank. The price of gold dropped by 4.352 manats, to 2,119.2625 manats per ounce on December 11 compared to the price on December 10. The price of silver grew by 0.0076 manats, to 24.8204 manats per ounce.…Details
Raw copper and copper alloys exports in January-September dropped by 6% money-wise and by 17% volume-wise, all YoY. In 10 months Kazakhstan mined 85.5 million tons of copper ores, up by 5.4% YoY, 10.4 million tons of copper concentrate, up by 10.9%, and 4.1 million tons of copper-zinc ores, down by 1.7%. Kazakhstan is the…Details
The arbitrary court of Chelyabinsk region has received a claim from Zlatoust Electrometallurgical Works to Volgograd Iron and Steel Works Krasniy Octyabr. The volume of the claim is over 3 billion rubles. The details are not disclosed. (Ukrainian metal)Details