Russia: Nornickel Bystrinskoye reserves up

Norilsk Nickel has reevaluated the reserves of the Bystrinskoye deposits in the Zabaikalye region.

According to a company representative, combined ore and metal reserves increased by 10-25%. After the reevaluation copper reserves have increased by 11%, to 2.3 million tons, gold by 25%, to 9.5 million ounces. (Ukrainian metal)

Ukraine: Donbass mine licenses cancelled

The State Service of Geology and Subsoil of Ukraine has stopped the special licenses to use subsoil at DTEK Sverdlovskantrazit, DTEK Rovenkiantrazit and DTEK Komsomolets Donbassa, seized by the Russia-supported militants, until the antiterrorist operation is over. The licenses have been stopped based on the letters of the above-mentioned companies. On March 15, DTEK announced…

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Ukraine: metal output down in January-July 2017

In January-July Ukraine produced 11.9 million tons of steel, down by 18% YoY. According to Ukrmetallurgprom, rolled metal manufacture dropped by 19%, to 10.2 million tons, pig iron – by 22%, to 10.96 million tons. Coke output decreased by 21%, to 5.95 million tons. In 2016 Ukraine produced 24.2 million tons of rolled steel, 21.41…

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Russia: MMK replaces oxygen converters

Magnitogorsk Iron and Steel Works will replace converters at its oxygen converter shop. The project is expected to be complete this year. All the equipment will be supplied by Novokramatorsk Machine-Building Works (Ukraine). NKMZ has already shipped the equipment of the converter bulk. At present the works is manufacturing the third bulk of a converter.…

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