Miners of the state enterprise Mirnogradugol have stopped working because of the salary debts. In particular, the mine Kapitalnaya, which employs 3500 miners, stopped operating. According to Mikhail Volynets, the chairman of the Independent Miners Union of Ukraine, the wage debts at Mirnogradugol reach 90 million UAH. Later miners from the Central mine and the…Details
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Corum will produce a special scraper for the Osinnikovskaya mine. The machinery is expected to be supplied by the end of the year. “This is the first scraper for Kuzbass, and we are sure it will pave way for the new stage of operations on this strategic market”, Corum Group manufacturing director Alexander Dyatlov said.…Details
Rosgeologia will prospect for ore gold within the Deryas-Yuryaginskaya field. The field is situated in Magadan region. The total size of the prospecting work is 69 square km. The project is to be finished by 2021. (Ukrainian metal)Details
Gaysky Mining and Processing Works has put into operation the floatation machine No. 17 in the floatation department of the processing factory. The work to assemble the machine began earlier this year. The modernization of the floatation department started in 2011. (Ukrainian metal)Details
Severstal Steel Ropes Volgogradskiy subsidiary has finished another stage of modernization, having commissioned the steel rope and stranding machine, as well as machinery to test ropes. The first stage saw the assembly of the three drawing machines, extrusion line and the machine to produce large diameter steel ropes. (Ukrainian metal)Details
In January-March Ferrexpo enterprises (Poltava, Yeristovo and Belanovsky Mining and Processing Works) paid 550 million UAH of taxes to budgets of all levels. In particular, PGOK paid 464 million UAH to the budget, EGOK – over 84.2 million UAH and BGOK – 2.3 million UAH. PGOK paid 52 million UAH to the city budget, 58…Details
The trading-industrial group Bi Shi (China) intends to create the manufacture of steel plate for shipbuilding industry with the capacity of 1 million tons per year in the Primorye region. The investors also plan to construct a by-product coke plant and a power plant. Investments will total $1-1.5 billion. The construction will last for 5…Details
The prices of the main precious metals in Azerbaijan decreased on July 11, according to the data published by the Central Bank. The cost of gold decreased by 13.4385 manats, to 2126.8955 manats per ounce, compared to the price on July 10. The cost of silver decreased by 0.3098 manats, to 20.7825 manats manats per…Details
The Belarusian heavy vehicles manufacturer BelAZ, VIST Group, and Region 24 have signed a trilateral agreement on creating a robot system for mining operations. The document was signed during the international trade fair Innoprom 2018 in Yekaterinburg, Sverdlovsk region, Russia, BelAZ representatives reported. BelAZ specialists are hard at work creating new mining vehicles to meet…Details
It is planned to receive revenues in the amount of about 300 million manats as a result of the sale of an additional 129,000 ounces of gold and 202,000 ounces of silver, which will be produced during the development of the ground surface ore layer at the Chovdar field, which will be completed in 2021,…Details
The prices of the main precious metals varied on July 10, according to the data published by the Central Bank. The cost of gold increased by 0.1275 manats, to 2140.334 manats per ounce compared to the price on July 9. The cost of silver increased by 0.0059 manats, to 27.4121 manats per ounce. The cost…Details
In January-June Zaporozhye Iron Ore Complex increased iron ore output by 7.2% YoY, to 1.769 thousand tons with the target of 1.833 million tons. The company sold 1.872 million tons of iron ore, or 97.1% of the target. In May 352.1 thousand tons were mined, up by 3% from the target. This year the works…Details