NLMK has selected the supplier of machinery and started design work to replace the transfer table of the hot-rolling mill-2000. The project will increase the reliability of the machine and the quality of the products. The mill has been operating since 1977. The new machinery will be supplied by Novokramatorsk Machine-Building Works (Ukraine). Commissioning is…
DetailsIzhstal has successfully passed the KamAZ audit. The truck manufacturer checked high quality metal manufacture at Izhstal. In particular, attention was paid to the rolling shop with its machinery. “The audit has become another step to improve cooperation with KamAZ. We are successfully cooperating with domestic car manufacturers and hope that KamAZ also becomes our…
DetailsThe Government of Kyrgyzstan draws up a new agreement on Kumtor, the Speaker of the Parliament Dastan Dzhumabekov told the press conference on the results of the 4th session of the Parliament. According to him, the government intends to revise the agreement with Centerra Gold, signed in autumn 2017 by the Cabinet of Ministers of…
DetailsThe prices of the main precious metals, except for silver, decreased in Azerbaijan on June 29, according to the data published by the Central Bank. The cost of gold decreased by 1.258 manats, to 2,127.176 manats per ounce compared to the price on June 28. The cost of silver increased by 0.0022 manats, to 27.3829…
DetailsRussian investigators are searching the office of coal producer Kuzbassrazrezugol, but the search is unrelated to the company’s operations, spokeswoman for parent holding Ural Mining Metallurgical Company (UMMC) Nina Pelevina reported. “Document withdrawal by officials of the Investigative Committee in the framework of an investigation of a criminal case directly unrelated to the producing activities…
DetailsThe High Court of London has ruled that Crispian Investments, a unit of businessman Roman Abramovich’s Millhouse, should not have proposed and sold a stake in the Russian metals giant Norilsk Nickel to Interros of tycoon Vladimir Potanin. The sale infringed a shareholder agreement on preemptive rights between Interros and aluminum giant UC RUSAL, the…
DetailsKyrgyzaltyn OJSC conducted preliminary public consultations on extending the life of Makmalzoloto mine and attracting of investors. The consultations took place in 13 villages of five rural areas of Jalal-Abad region within a week. “The main task is to extend the life of Makmalzoloto combine and to attract investors by an open competitive selection. We…
DetailsThe prices of main precious metals decreased in Azerbaijan on June 28, according to the data published by the Central Bank. The cost of gold decreased by 5.2275 manats, to 2,128.434 manats per ounce compared to the price on June 27. The cost of silver decreased by 0.1834 manats, to 27.3807 manats per ounce. The…
DetailsIn January-May the Republic of Buryatia mined 2.731 million tons of coal, up almost 2-fold YoY. Tugnuysky Pit provided 1.434 million tons of coal, while three companies – East-Siberian Mining Company, Coal Pit and Buryatia Mining and Ore Company – mined 1.298 million tons. Most of the coal mined is exported to the Asian-Pacific region…
DetailsThis year Seligdar intends to mine 6 thousand kg of gold, up by 30% YoY. The increase has to do with the Ryabinovoye gold-extracting factory reaching project capacity and the increase of output at Ryabinoviy Mining and Processing Works. The Ryabinovoye LLC output plan is 1805 kg of gold. The Sininda 1 miners team intends…
DetailsZEMZ has repaired one of its main machines, which will allow in future to rationally use energy resources and avoid unscheduled delays in operation. The electric arc furnace No. 15 with the volume of 12 tons is a part of the manufacturing complex of the second electric arc shop. The repair, which has been completed…
DetailsSeverstal is modernizing the extraction machine in the SSM-Tyazhmash mass production shop. The cost of the project is over 20 million rubles. The shop is situated on the territory of the Cherepovets Iron and Steel Works. The machine is being assembled at the site of the electric arc furnaces used to produce powder pig iron.…
DetailsVIZ-Stal has equipped all of its machines with the automated system of satellite monitoring. The goal of the project is to improve the safety and efficiency of some 440 units of special machines, trucks and cars usage. The satellite monitoring allows in real time to control the location and movement of the machines. The system…
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