On September 7 Electrozinc shut down its zinc manufacture to carry out annual repairs. Until the end of the month all the machinery will be checked, cleaned and repaired. Some 1 thousand employees are participating in the work, both contractors and shop workers. The main object of the repair is the sulfur acid shop. The…Details
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Alexander Popov has been appointed the CEO of Bystrinskoye Mining and Processing Works effective as of September 3. He has previously worked in Kuzbassugol, Vorkutaugok, Olkon and Krasniy Kotelschik. The ex-CEO of BGOK Vladimir Nakivayko has been working at Nornickel enterprises for 25 years. (Ukrainian metal)Details
The Titanium Investments LLC subsidiary in the town of Armyansk, in the north of the Russia-occupied Crimea, the manufacturer of titanium dioxide, has shut down all of its 8 furnaces. “The last furnace was shut down on September 9”, the company deputy CEO Andrei Dogadov said. According to him, the water used in the manufacture…Details
Rushydro has taken a pause in entering the Taishet Aluminum Project of Rusal. “There is a pause, not only on our behalf, but also on behalf of our colleagues, the banks. They have to settle the project financing based on their own vision of what’s going on”, Rushydro chairman Nikolay Shulginov said. “Taking all the…Details
Energomashspetsstal has produced equipment for the fourth power unit of the Kudankulam nuclear power plant. According to the company station, a representative of the Nuclear Power Corporation of India visited the works to check the equipment. “The EMSS specialists have produced the tube for the main reactor coolant pipe with the diameter of 1130×65. The…Details
In January-August Azovstal produced 2.689 million tons of rolled metal, up by 29.2% YoY. According to the company statement, steel output grew by 0.5%, to 2.824 million tons, while that of pig iron – by 6.3%, to 2.623 million tons. In August Azovstal produced 308 thousand tons of rolled metal, 336 thousand tons of steel…Details
The government of Sverdlovsk region has approved the removal of over 300 hectares of forests on the territory of Bilimbayevskoye and Nizhne-Tagilskoye forestries. The former will lose the largest part (254 ha). The sites thus retrieved will be used to extract ore gold and platinum at Kostarevskiy gold-bearing site and Rublevikskaya platinum alluvial site. (Ukrainian…Details
Kinross Gold intends to commission the project to develop Moroshka gold deposits in Chukotka Autonomous District by the end of the year. At present the construction works are nearing their end at the site. Ore mining will start in Q4. The deposits will be in development in 2019-2020. After the mine is commissioned the annual…Details
The department on subsoil use in Central-Siberian district has declared Zoloto Ynykchana LLC the winner of the auction to prospect and develop an alluvial gold site in Irkutsk region. With the initial price of 79 thousand rubles the company has offered 114.968 million rubles, or 1.46 times more. Another license – for alluvial gold site…Details
In January-August Electrum plus LLC, a part of Susumanzoloto, developing the Vetrenskoye deposits, extracted 250 kg of gold, having processed 108 thousand tons of ore. The output has slightly decreased compared with January-August 2017 mostly due to the drop of average gold contents in ore. By the end of the year the company intends to…Details
Mikhail Volynets, the chairman of the Independent Miners Union of Ukraine, has reported a raider attempt to seize the Novovolynskaya mine No. 9. “Early on September 10 some 30 unidentified people arrived at the enterprise with the acting CEO of the state enterprise Volynugol Andrei Pilipyuk. They refused to identify themselves, they all wore black…Details
The prices of precious metals changed in Azerbaijan on September 10, according to the data published by the Central Bank. The price of gold decreased by 14.4755 manats, to 2,028.304 manats per ounce compared to the price on September 7. The price of silver dropped by 0.0582 manats, to 23.9837 manats per ounce. The price…Details
The government of Armenia is negotiating with US the non-application of sanctions on Rusal Armenal. According to the minister of economical development and investments Artsvik Minasyan, the negotiations are held with participation of Rusal Armenal and the Ministry of foreign affairs. Armenian party does not want sanction against Rusal to be imposed on Rusal Armenal.…Details