Russia: gold output up in July 2018

Russia’s production of finished, semi-finished, and powdered gold increased by 1.7% YoY and by 19.7% MoM in July, the Federal State Statistics Service said in a report. In January-July gold production decreased by 0.6% YoY. Previously, absolute figures on production of precious metals were a state secret. The figures are no longer classified, but the…

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Ukraine: Ukrzaliznytsia buys 55 million UAH worth of metal from Metinvest

Panyutino Wagon-Repair Works, a subsidiary of Ukrzaliznytsia (Ukrainian Railways) has ordered Metinvest-SMC LLC the delivery of metal valued at 55.88 million UAH. This year the company will supply 2520 semi-finished axles manufactured by Dneprovsky Iron and Steel Combine at 22176 UAH apiece. The price of the contract is 0.1% below the expected cost of the…

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Russia: coal output up in Chukotka

In January-July Chukotka Autonomous District mined 364 thousand tons of coal, up by 41%. Beringpromugol LLC has contributed the most to the output increase. In 7 months the company mined 304.3 thousand tons of coal, up 2.3-fold YoY. Shakhta Ugolnaya decreased coal output by 43%, to 59.8 thousand tons. Last year the region yielded 445…

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