In April-June, Verninskoye deposit yielded 2115 kg of refined gold, almost on par with the Q1 results. Dore gold output went up from 2021 kg to 2239 kg, mostly due to the increase in processing. Average gold content in ore was 2.11 g per ton as opposed to 1.99 g in Q1. Processing increased by…Details
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In January-June, Sukhaya Balka decreased iron ore output by 4.8% YoY, to 1.3 million tons. In June, the enterprise produced 213 thousand tons. Last year, output grew by 0.3%, to 2.727 million tons. The capacity of the enterprise is 3.1 million tons per year. (Ukrainian metal)Details
In January-June, the rolled metal market volume amounted to 2.131 million tons, up from 2.021 million tons in H1 2019. The share of import decreased from 32.7% to 24.9%. Thus, while the market volume increased by 5.5% YoY, the share of import fell by 7.8%. CIS was the largest supplier with the share of 39.2%,…Details
Altynalmas has put into operation a gold-extracting factory “Dolinnoye” at the Aktogay site in Karaganda region. The capacity of the factory will be 2.5 million tons of ore per year. With the commissioning of Dolinnoye, Altynalmas processing capacities at Aktogay increase to 5.2 million tons of ore and rock excavation – to 50 million tons.…Details
This year, Ukraine is expected to decrease steel output by 3% YoY, to 20.318 million tons. According to the Ministry of economy, trade and agriculture development, rolled metal output is expected to drop by 0.3%, to 18.155 million tons, while pig iron output will not change, remaining at 20.065 million tons. The forecast was made…Details
In January-June, Ukraine decreased titanium-containing ore and concentrate export by 9.6% YoY, to 284.5 thousand tons valued at $68 million, down by 12%. According to the customs statistics, Mexico was the largest customer accounting for 21.1%, followed by Russia (14.91%) and Egypt (13.96%). In 2019, export grew by 3.6% YoY, to 620.9 thousand tons valued…Details
Poltava Mining and Processing Works has commissioned a new technological complex “Section No. 9” of the processing factory. Investments in the project exceeded 3 billion UAH ($100 million). This allowed paying some 400 million UAH to the budget and will bring 300 million UAH each year. The project will enable the company to additionally produce…Details
In January-June, Ukraine produced 408 thousand tons of pipes, down by 29.4% YoY. Enterprises, incorporated in the Ukrtrubprom association, decreased output by 35.9%, to 272.1 thousand tons. In June, 75.4 thousand tons of pipes were produced, including 48.9 thousand tons by the association enterprises. Interpipe NTZ decreased output by 43.1%, to 77 thousand tons, Interpipe…Details
Gold production of Russia’s Polyus rose by 16% QoQ, to 690,400 ounces in April-June, the company said in a statement on July 16. Sales revenue grew by 33%, to $1.148 billion, while the average price stood at $1,723 per ounce. Net debt fell to $2.506 billion from $3.056 billion. (Prime/Ukrainian metal)Details
In 2020, Central Mining and Processing Works will invest over 790 million UAH in the modernization of its large mining machines. In spring the company received 3 BelAZ-75131 trucks. The machines have started operating at the Gleyevatskiy quarry. Now the company operates 33 large dump trucks with the lifting capacity of 130 tons. The first…Details
In January-June, Ukraine produced 5.187 million tons of coke, down by 7.3% YoY. By-product coke plants received 6.51 million tons of coking coal, down by 8%, including 1.79 million tons of domestic coal (+31%) and 4.72 million tons of imported (+17%). The share of imported coal dropped from 80.6% to 72.5%. (Ukrainian metal)Details
In June, Ukraine exported 316 tons of metal scrap valued at $131 thousand, up by 51.9% and by 27.7% YoY respectively. According to the customs statistics, in the first half of the year, Ukraine decreased scrap exports by 54.2%, to 16.8 thousand tons valued at $4.3 million, down by 57.5%. The main customer was Turkey…Details