In 2016 Russia plans to produce 297 tons of gold, up by 1.2% YoY.
Last year Russia produced 293.4 tons of gold, up by 2% YoY
In January-September gold output went up by 0.4% YoY, to 219.25 tons. (Ukrainian metal)
The State committee of industry, energy and subsurface resources management plans to hold an auction on the goldfield Irisay on December 19.
The starting price of the license for the object is 2.8 million soms ($40.12 thousand). The projected gold reserves are 13180 kg. (Ukrainian metal)
The Antimonopoly committee of Ukraine has to check the intentions of Ukrzaliznytsia on increasing transportation tariffs in 2017 by 25% for cargo and by 35% for passengers. This has been voiced by the chairman of the Metallurgists Federation of Ukraine Sergey Belenky. According to him Ukrzaliznytsia management has officially confirmed this plan. “The Ministry of…Details
Russian uncut diamond mining giant Alrosa and metals holding Norilsk Nickel have asked the natural resources minister to simplify the procedures needed to expand licensed fields. The licenses for the older deposits of the companies were given in the Soviet times or the early 1990s, when the depth and the area of drilling were severely…Details
Russia’s United Metallurgical Company (OMK) is seeking to sell or send to Russia the capacities of the Texas-based subsidiary OMK Tube and is in talks with South Korea’s SeAH Steel as a potential investor. The negotiations are not exclusive but other contenders for the asset have not been disclosed. OMK bought Tubular Solutions, a firm…Details
The Trubodetal Manufacturing Facility (AO Trubodetal, Chelyabinsk, a United Metallurgical Company (OMK) subsidiary) hosted an award presentation ceremony for the winners of the Best Employee competition in honor of Trubodetal’s anniversary. The manufacturing facility’s most successful and effective employees received awards in 24 categories, including worker and engineering occupations as well as for administrative and…Details
China’s Zhaojin Mining Industry and Zijin Mining Group are taking part in talks to buy up to 25% in Russia’s largest gold producer Polyus for $2 billion. Zhaojin is considering buying the stake jointly with China’s Fosun. A Qatari investor is also interested in buying into Polyus, sources said. Suleiman Kerimov, the majority shareholder of…Details
In October Ukraine (without the Russia-occupied Crimea and ATO zone) mined 2.7 million tons of coal, up by 0.2% YoY and by 5% MoM.
According to the State Service of Statistics, in January-October coal output went up by 4% YoY.
In September coal output dropped by 4%. (Ukrainian metal)
In the first half of November Makeevugol coal target mining was fulfilled by 93.3%. The group still has to mine 2920 tons. According to the company statement, its Kirov mine was ahead of all the rest. In particular, Kholodnaya Balka mined 101.2% of the plan, Kalinovskaya-Vostochnaya – 99.8%, mine named after Kirov – 103.7%, Yasinovskaya-Glubokaya…Details
In January-September DTEK mined 22.3 million tons of coal, up by 4.1% YoY, produced 28.6 billion kW-h of electricity, up by 1.7%, yielded 33.6 billion kW-h of electricity, down by 0.1%, and produced 1.2 billion cubic meters of natural gas, up by 33.1%. “We continue developing our companies and have finished two important projects. Pavlogradskaya…Details
In October salary debts to state miners, controlled by the Ministry of energy and coal industry, decreased by 20.7%, or by 59957.8 thousand UAH, to 229316.8 thousand UAH. According to the ministry, as of January 1, 2016 salary debts to state enterprises on Ukraine-controlled territories totaled 167199.1 thousand UAH, including 147748.8 thousand UAH to state…Details
OMK will supply 150 thousand tons of pipes for Nord Stream-2 gas pipeline, while Chelyabinsk Pipe Works will supply 80 thousand tons. “By the end of the contract OMK will have supplied over 700 thousand tons of pipes, with ChTPZ supplying some 600 thousand tons”, Ivan Shabalov, Association of the Pipe Manufacturers coordination committee chairman,…Details
In 2016 UGMK will invest some 2.2 billion rubles into underground mining at the Gaysky Mining and Processing Works.
According to the company statement, this will increase mining capacities to 7 million tons of ore per year.
Gaysky GOK plans to mine 9.2 million tons of ore, slightly down YoY. (Ukrainian metal)
In January-October Ingulets Mining and Processing Works produced 9.74 million tons of iron ore concentrate, up by 2.6% YoY.
According to a company representative, in October InGOK produced 880 thousand tons of concentrate, up from 739 thousand tons in September. (Ukrainian metal)
In January-October Severstal-SMC-Vsevolozhsk, a part of Severstal Russian Steel processed over 60 thousand tons of metal, which exceeded the total 2015 results. The company offers a wide range of metal processing services and welded billet production. It operates the first line in Russia on welded billet manufacture for automobile producers. The line is capable of…Details
Zaporizhstal has confirmed the correspondence of its integrated management system to ISO 14001, ISO 9001 and OHSAS 18001.
According to the company statement, the audit has been carried out by Bureau Veritas Certification Ukraine. (Ukrainian metal)
The Ukrainian association of secondary metals (UAVtormet) has elected Vladimir Bubley the president.
Bublei has been the general director of Ceramet since 1995.
UAVtormet, founded in 1999, unites scrap companies of Ukraine, which provide for some 75% of scrap processing. (Ukrainian metal)
Susumanzoloto board of directors has elected the chief technician and acting general director Alexander Chugunov CEO of the company. Chugunov has been appointed for 5 years. Susumanzoloto is among top-10 gold producers in Russia. In 2015 the company and its subsidiaries mined 4234.4 kg of gold, up by 6.58% YOY. This year it plans to…Details
PJSC «MMC «Norilsk Nickel», the world’s largest producer of nickel and palladium, has joined the United Nations Global Compact. This major UN initiative in the area of corporate social responsibility and sustainable development unites entities committed to responsible business and good industry practice worldwide. “Joining the United Nations Global Compact is a milestone for Nornickel…Details
In January-October Vostochny Mining and Processing Works produced 810.5 tons of uranium concentrate, down by 14.6% YoY. According to the company statement, the cost of the concentrate produced totaled 2.6 billion UAH. In October VostGOK produced 88.4 tons of uranium concentrate valued at 312.8 million UAH. In January-September concentrate output at VostGOK dropped by 17.6%…Details
Ukrmetallurgprom has been elected the affiliated member of the World Steel Association. According to the company statement, WSA was created in 1967 as the International Iron and Steel Institute, switching its name in 2008. WSA headquarters are in Brussels, Belgium, the second office opened in Beijing, China in 2006. WSA members produce 85% of the…Details
Rusal has sold 100% stake in its Alpart bauxite-alumina complex in Jamaica to the Chinese Jiuquan Iron & Steel (Group) Co. Ltd. (JISCO), for $299 million. Alpart sale will not affect Rusal’s self-sufficiency in alumina. Alpart (Alumina Partners of Jamaica) is a large alumina producer, using bauxites extracted from its own mines. Before it was…Details
Since the beginning of the year Alardinskaya mine yielded 2 million tons of coal.
“The world and local markets witness coking coal shortages. To satisfy the metal makers demand we have to work efficiently. Alardinskaya miners successfully cope with this task”, Raspadskaya Coal Company CEO Sergey Stepanov said. (Ukrainian metal)
Cherepovets Iron and Steel Works, a part of Severstal, produced the 250-millionth ton of coke. The first coke was produced in 1956. The CherMK coke division operates 8 coking batteries, which yield some 4.5 million tons per year and employ 1180 people. This year the company began one of its largest investment projects – the…Details