Russia: Sever-Tech-Resurs gold output up in 2018

In 2018 Sever-Tech-Resurs LLC has obtained 163.2 kg of alluvial gold, up 1.7-fold YoY.

The target for 2018 was 100 kg.

The company, registered in September 2009, is operating in Magadan region.

So far Susumanzoloto enterprises have extracted 713.3 kg of gold. (Ukrainian metal)

Russia: Sayano-Partizansky pit reaches full capacity

In 2018 the Sayano-Partizansky pit, the only enterprise in Krasnoyarsk region extracting power-generating coal, has for the first time in its 15-year history reached full capacity of 1 million tons.

The anniversary ton was mined on December 21.

Coal output this year grew by 20% YoY. (Ukrainian metal)

Russia: NLMK to award scholarships to best MISIS students

NLMK Group, an international steel company, will establish personalized scholarships for the best students of MISIS National University of Science and Technology, and increase the number of on-the-job trainees from the University at its sites. NLMK and MISIS have signed a framework cooperation agreement, which will facilitate the training of qualified steelmaking professionals and contribute…

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Russia: Polymetal exchanges Tarutinskoye deposits

Polymetal International plc has completed the deal to exchange its Tarutinskoye deposits in Russia for an 85% share in the Vostochno-Tarutinskoye deposits in Kazakhstan without additional payment. The deal was announced on April 16. “The Vostochno-Tarutinskoye is a good addition to our Varvarinskoye enterprise, which will simplify operational management by removing difficulties with transferring ore…

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Russia: NLMK Board approves corporate documents

At a meeting held on December 21, NLMK Group’s Board of Directors approved updated versions of its internal corporate documents (NLMK Group’s Anti-Corruption Policy, NLMK Group’s Corporate Ethics Code, Regulations on NLMK’s HR, Remunerations and Social Policy Committee, Regulations on NLMK’s Corporate Secretary, NLMK’s Corporate Governance Code). Updated versions of NLMK Group’s Corporate Ethics Code…

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Ukraine: EMSS to supply 1 thousand tons of rolls to Mariupol Ilyich

Mariupol Ilyich Iron and Steel Works has signed an agreement with Energomashspetsstal on the delivery of 1 thousand tons of rolls for the sheet-rolling shop-1700.

The tenders took place in March and August.

EMSS will supply back up and vertical rolls for hot-rolling mill.

The rolls have to be supplied in H1 2019. (Ukrainian metal)