Since the start of the commissioning of the gold-extracting factory at the Ozernovsky Mining and Processing Works, Siberian Mining and Metallurgical Alliance (SiGMA) has yielded 87 kg of gold. The lesser line with the capacity of 60 thousand tons of ore per year was commissioned in June. In the first year of operation it is…Details
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In January-September Ukraine exported 11.22 million tons of rolled metal, up by 1.4% YoY. Since the start of the year Ukraine has produced 13.83 million tons of rolled metal, up by 6% YoY. Thus, 81.1% were exported. Last year the share of rolled metal exported was 79.7%. (Ukrainian metal)Details
In January-September rolled metal consumption in Ukraine grew by 1.03% YoY, to 3.692 million tons. Imports accounted for 29.2% as opposed to 26.1% last year. Thus, imports grew by 13.2%, to 1.078 million tons. Flat rolled metal accounted for 49.38%, and bars – 47.5% as opposed to 58.52% and 40.54% last year respectively. CIS countries…Details
The consolidated throughput of NMTP group in January-September totaled 94.2 million tons, down by 2.9% YoY. According to the group statement, iron ore raw materials throughput dropped by 7.4%, to 1.6 million tons, of coal – by 26.6%, to 1.1 million tons and of non-ferrous metals – by 12.3%, to 0.7 million tons. At the…Details
Magnitogorsk Iron and Steel Works (MMK) has become the only Russian company in the metal and steel industry to be included among the top ten ranking Russian companies for environmental initiatives, a bi-annual list compiled by the Living Planet channel and the Modern Media Research Institute (MOMRI). In the rankings for the first half of…Details
NLMK Group has embarked on the construction of an additional beneficiation section at Stoilensky. Three new grinding lines (vertical mills) will enable the company to have increased its concentrate output from 17.5 million tons per year 20 million tons and ore processing capacity from 37 million tons to 42 million tons by 2020, thus increasing…Details
Turkey’s Tasyapi company and the State Committee of Uzbekistan for Geology and Mineral Resources have signed an agreement on the development of two gold deposits in the Samarkand region. In accordance with the agreement, the parties will organize joint exploration and development of the Galabulak and Kushtepa fields. During four months, the Turkish company will…Details
Prices of precious metals increased in Azerbaijan on October 29, according to the data published by the Central Bank. The price of gold grew by 2.125 manats, to 2,096.3295 manats per ounce on October 29 compared to the price on October 26. The price of silver went up by 0.0633 manats, to 24.9393 manats per…Details
Experts from the State Russian Museum proceeded with the implementation of the innovative education-and-exhibition project “Living Planet in Colors and Digits” in Petrozavodsk with the assistance of the companies Severstal and Power machines. The project events will be held at the Museum of Fine Arts of the Karelian Republic. The project is aimed at artistic…Details
The price of one ounce of gold increased by 6.6895 manats or by 0.32% last week in Azerbaijan, to 2091.8262 manats. Last week the price of one ounce of silver decreased by 0.0599 manats or by 0.24%, to 24.9485 manats. The price of one ounce of platinum dropped by 18.8275 manats or by 1.34%, to…Details
Deputy chairman on Samruk Kazyna Alik Aidarbayev and the governor of the Kyzylorda region Krymbek Kusherbayev have laid the first capsule of the mining and processing works at the Shalkiya deposits. The plant is expected to produce 4 million tons of ore per year. Preparation to the construction started in May 2016. The cost of…Details
A Memorandum of Understanding (MoU) has been signed between the Ministry of Ecology and Natural Resources of Azerbaijan and AzerGold CJSC. The MoU covers the expansion and optimization of cooperation within the framework of new parameters, support for scientific and technological development, contribution to the improvement of the legislative framework in the field of geological…Details
The resident of the South Yakutia territory of advanced development – the TFM-Yakutia company – has leased some machinery to another resident – Kolmar. This will help the company increase coal output by 1 million tons per year. Kolmar needs the special machinery to mine and transport coking coal, as well as carry out construction…Details