In January-August Magadan region mined 261.8 thousand tons of coal, up by 9.1% YoY. At the same time, no coal was mined in July-August. There are 3 enterprises mining for coal in the region – Kolyma Coal Company LLC mined 185 thousand tons, up by 83% YoY; Association of Business Cooperation increased output by 17%,…
DetailsZagorsky Pipe Works has received positive report of Gazprom on supplying pipes with outer coating on the basis of Russian-made materials only. This is the first time that ZTZ has mastered such a combination of materials. Earlier it used the imported and Russian materials to make corrosion-resistant coating. “This is the first major result of…
DetailsThe Belarus Iron and Steel Works will introduce its business partners to the company’s innovative development plans during the fourth conference of suppliers that will be held on the sidelines of the international forum “Foundry and Metallurgy 2018. Belarus” that will take place in Minsk on October 17-18, the company’s spokesman Alexander Olesik reported. The…
DetailsGold is illegally mined in Aksy district of Jalal-Abad region. The State Inspectorate for Environmental and Technical Safety made a decision to prohibit the activities of Spektr LLC. Despite the ban, the company continues exploration on the alluvial gold deposit. As the Deputy Chairman of the State Committee of Industry, Energy and Subsoil Use, Suyuntbek…
DetailsPrices of precious metals varied on September 26, according to the data published by the Central Bank. The price of gold increased by 5.661 manats, to 2,043.502 manats per ounce on September 26 compared to the price on September 25. The price of silver grew by 0.4269 manats, to 24.6494 manats per ounce. The price…
DetailsOMZ-Spetsstal has completed construction and started commissioning a new gouging chamber. The new unit with exhaust system will improve labor conditions and prevent air pollution. The gouging chamber has been constructed under a program to modernize manufacturing capacities. (Ukrainian metal)
DetailsIn August the Republic of Buryatia extracted 586.8 kg of gold, including 285.9 kg of ore gold and 300.9 kg of alluvial gold. In January-August gold output reached 3516.5 kg. In particular, ore gold accounted for 2269.8 kg and alluvial gold – 1246.7 kg. Last year the region yielded 5677.9 kg of gold. (Ukrainian metal)
DetailsSince last week strikes and protests have renewed at the state enterprises Mirnogradugol and Selidovugol. The reason is that the enterprises have not received state support promised 2 weeks ago. While the situation is unstable, the mines continue operating. Still, some miners refuse to go underground. The miners’ unions say if the money to clear…
DetailsThe decrease of the coal price to 1800 UAH per ton, as suggested by the draft law 8626, will result in mines shutting down and will simply destroy the coal industry. According to the Independent Miners’ Union chairman Mikhail Volynets, the connection of the Ukrainian coal price to the international indexes through the Rotterdam+ gave…
DetailsIn August Ukraine went up to the 12th position in the rating of the 67 countries, compiled by Worldsteel. China was traditionally the first with 80.326 million tons produced in August, up by 2.7% YoY. Ukraine produced 1.786 million tons, down by 3.7%. All in all in August world steel output grew by 2.6% YoY,…
DetailsSergey Plichko has been appointed chief financial officer, chief accountant of ArcelorMittal Kriviy Rih. He has been the acting CFO and CA since February 17, 2017. Plichko has been appointed since September 21 for an indefinite term. (Ukrainian metal)
DetailsPrices of precious metals increased in Azerbaijan on September 25, according to the data published by the Central Bank. The price of gold grew by 2.737 manats, to 2,037.841 manats per ounce on September 25 compared to the price on September 24. The price of silver went up by 0.0309 manats, to 24.2225 manats per…
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