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Next year Norilsk Nickel intends to produce 225-235 thousand tons of nickel. The output forecast for 2021-2022 is 215-225 thousand tons, down mostly due to the repairs at Nadezhda works. Copper manufacture is expected to grow to 420-440 thousand tons in 2020, but fall to 390-420 thousand tons in 2021-2022. “B 2030 nickel output is…
DetailsThe miners of the Magadan region produced 40.23 tons of gold in January-October, setting a record since 1979, the regional government said. “Gold miners of the region produced 40.23 tons of gold as of November 1, up by 7 tons YoY,” the authority said. Alluvial gold output amounted to 17.36 tons as of November 1.…
DetailsLaw enforcers have searched steel plant Amurstal, owned by Torex Group’s subsidiary Torex-Khabarovsk, a spokesperson for the plant reported. A source in the law enforcement authorities of the Khabarovsk region said that investigative activities were held at the Torex offices in the region without disclosing the reason for searches. “The law enforcers were actually here…
DetailsOMZ-Spetsstal has produced 16 bottoms of reservoirs for the system of the passive watering of the active zone for the second power unit of the Akkuya Nuclear Power Plant in Turkey. The products were manufactured under the order from the Izhorskiye Zavody. The bottoms are produced by ways of stamping. The bottoms have already been…
DetailsKAZ Minerals has signed an agreement with Caterpillar Financial Services (UK) Limited on the loan of $100 million. Caterpillar is the main supplier of mining machinery to KAZ Minerals mines – Bozshakol and Aktogay. The new loan line consists of two sub-lines of $40 million and $60 million. KAZ Minerals has pledged Caterpillar machinery (both…
DetailsBlack Iron has reached an agreement with the government of Ukraine to receive a land plot for the construction of a new mining and processing works near Krivoy Rog. A corresponding memorandum of understanding has been signed with the Ministry of Defense. The ministry agreed to provide the Canadian company with 1236 ha of lands…
DetailsIn January-October Krivoy Rog Iron Ore Industrial Complex decreased ore output by 9% YoY, to 3.65 million tons. In October the enterprise manufactured 370 thousand tons. In 2018 KZhRK decreased output by 9.7% YoY, to 4.6 million tons. In spring the Octyabrskaya miners went on a strike, and as a result, the management recalculated their…
DetailsEnergomashspetsstal is busy producing supporting rolls for Essar Steel. Another batch was shipped in October. The weight totaled 73 tons. This was the third batch of rolls supplied to Essar Steel this year. So far 9 rolls have been shipped to India. Two more supporting rolls will be delivered until the end of the year.…
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