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In September steel output in Kazakhstan dropped by 15.2% YoY, to 0.309 million tons. In January-September the output fell by 2%, to 3.3369 million tons. Ferroalloys manufacture in September was 0.176 million tons and in 9 months – 1.535 million tons, up by 9.6% and by 6.5% YoY respectively. In September metal companies produced 0.188…
DetailsIn January-September Kazakhstan’s production of raw gold and semi-processed gold, or in powder form, increased by 12.9% YoY and amounted to 71,361 kg, the Statistics Committee of the Kazakh Ministry of National Economy reported. In the accounting period, the production of raw silver and semi-processed silver, or in powder form, reached 711,280 kg, down by…
DetailsAzerbaijan Industrial Corporation (AIC) OJSC is preparing a strategy to expand aluminum production, the general director of the AIC Kamran Nabizade declared. “Presently, the Ganja aluminum plant, which is on our balance sheet, produces 50,000-55,000 tons of aluminum products annually, mainly aluminum ingots and sheets. A new strategy is being prepared to increase the range…
DetailsThe gold production of Russia’s Polyus increased by 15% QoQ, to 691,200 ounces in July-September, the company said in a statement on October 16. In January-September the output rose by 14% YoY, to 1.8 million ounces. Sales amounted to $2.112 billion at the average price of $1.275 per ounce. (Prime/Ukrainian metal)
DetailsThe Russian government has allowed the TEMI Company, a part of Petropavlovsk, to mine for ore gold at the subsoil site, which includes Elginskoye field in Amur region. The company discovered the Elginskoye ore gold deposits in February 2017. The C1+C2 reserves are estimated at 72 tons of gold, 14 tons of silver and 56235…
DetailsIn September Evraz ZSMK sold 323 thousand tons of metal, down by 39% YoY. According to the railroad statistics, in 9 months sales grew by 4.1% YoY, to 4.78 million tons. Deliveries to Russian customers reached 1.47 million tons, down by 6.2% YoY, while exports grew by 9.4%, to 3.31 million tons. (Ukrainian metal)
DetailsIn September Cherepovets Iron and Steel Works sales totaled 520.7 thousand tons, down by 2.7% YoY. According to the customs statistics, in January-September sales reached 5.97 million tons, up by 4.6% YoY. Deliveries to Russian customers dropped by 0.5% YoY, to 4.1 million tons, while exports grew by 17.8%, to 1.87 million tons. (Ukrainian metal)
DetailsIn September sales of MMK rolled steel to local customers and abroad totaled 896.1 thousand tons, down by 7.8% YoY. According to the railroad statistics, in 9 months sales reached 8.05 million tons, up by 0.01% YoY. Russian customers received 5.26 million tons, up by 6.4%, while exports dropped by 10.1%, to 2.79 million tons.…
DetailsIn January-September Izhstal produced 328 thousand tons of metal, up by 3% YoY. The largest increase was in the manufacture of bars and steel sections – 9% and 19% respectively. Deliveries to machine-building companies grew by 23%, and they accounted for 25% of all sales. The share of car manufacturers was 17%. (Ukrainian metal)
DetailsIn January-September Khabarovsk region extracted 19176 kg of gold, up by 8.4% YoY. Alluvial gold accounted for 3907 kg and ore gold – 15268 kg, up by 2.8% and by 9.9% respectively. Silver output dropped by 4.8%, to 44.687 tons. (Ukrainian metal)
DetailsAs of September 1, Magadan region has yielded 29772.2 kg of gold, up by 3.9 tons YoY. Tenkinskiy city district provided 10066.8 kg of ore gold. Susuman district was the leader in alluvial gold output – 6356.1 kg. The main silver-yielding district was Omsuckchansky – 427.9 tons. The total silver output is 538.3 tons. (Ukrainian…
DetailsIn January-September the gold-extracting companies operating in Chukotka yielded 19.06 million tons of gold, including 2.5 tons of alluvial and 16.56 tons of ore gold. This is down by 4% YoY, including by 4% for alluvial gold, but up by 10% for ore gold. Silver output dropped by 13%, to 86.6 tons. In January-September 2017…
DetailsPolymetal International plc has concluded an agreement on the increase of the share in the gold ore deposits of Veduga to 74.3% by acquiring a 31.7% share in Amikan LLC, which has the license to develop the deposits. The price is $19.7 million to be paid in Polymetal shares. The two sellers – Sibproekt LLC…
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