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The start of the metal exports via sales at an exchange, scheduled for January 1, 2020, could be postponed. The corresponding draft decree has been sent to the government. In particular, the Ministry of Industry and Trade wants the exchange sales not to start in 2020, but wants some kind of a transition period. The…
DetailsIn January-September the East-Siberian Railroad transported 47.4 million tons of cargo, down by 0.5% YoY. In particular, 4.4 million tons of iron ore were transported, up by 14.8%, and 418 thousand tons of ferrous scrap, up by 11.5%. At the same time transportation of coal dropped by 2.1%, to 21 million tons. (Ukrainian metal)
DetailsIn January-September RZD transported over 3.65 million tons of TEU containers, up by 12.7% YoY. Domestic transportation reached 1.52 million TEU, up by 8.6%, transit – 409.4 thousand TEU, up by 7.4%, export – 935.7 thousand TEU, up by 12.4%, and import – some 788 thousand TEU, up by 25.6%. Ferrous metals accounted for 102.3…
DetailsThe tailings of the Mayskoye gold ore deposit in Chukotka will be reconstructed. The height of the dam will increase. Moreover, the road leading to the tailings will be reconstructed, and new road sites will be created. The reconstruction will be carried out at the expense of the investor – the Mayskoye gold ore company.…
DetailsAmur Minerals intends to prepare a feasibility study for the Kun-Manye project until December 1, 2020. It will be based on the pre-feasibility study made in February. The Kun-Manye deposit was divided into three sites: Maliy Kurumka/Flangovy, Vodorazdelniy and Ikenskoye/Sobolevskoye/Kubuk. The company intends to extract ore from 4 quarries and 1 mine. At present the…
DetailsSix people were poisoned by carbon monoxide and died in mines in Kyzyl-Kiya and Sulyukta cities of Batken region, Ministry of Emergency Satiations of Kyrgyzstan reported. Three men mined coal at Abduhakar-Ken mine in Sulyukta on October 5. Six rescuers left for the place, they delivered the injured to the hospital, but they died. “The…
DetailsCargo of the mining and metallurgical industries of Russia will be transported on the Baku-Tbilisi-Kars railway, ADY Express LLC reported. This was announced during the tenth international conference “Railway Transportation of Mining and Metallurgical Cargo” held in Moscow (Russia). At the event, representatives of ADY Express LLC presented their options for transporting these types of…
DetailsLast week the price of one ounce of gold increased by 24.429 manats or by 1%. Accordingly, the average price of one ounce of gold stood at 2,530.4755 manats. The price of one ounce of silver grew by 0.2803 manats or by 0.9%, to 29.5056 manats. The price of one ounce of platinum decreased by…
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