The Russian tycoon Roman Trotsenko plans to produce gold and is interested in assets with reserves of at least 50 tons of gold. “We are not interested in small projects with reserves of less than 50 tons. Composition of ores is not important for us, we are ready to work with refractory ores, with sulfide…
DetailsDruza LLC intends to launch operation of the Egitinskiy Mining and Processing Works in April. The GOK is situated at the fluorite deposit of the same name in the Republic of Buryatia. The launch has been postponed from 2019 due to the need of adjusting the design documentation. The GOK is expected to reach its…
DetailsIn January, Yuzhniy Kuzbass extracted over 1 million tons of coal, up almost 2-fold YoY. Excavation works grew by 67%, coal processing – by 18% and sales – by 41%. “The program to modernize mining and transportation machinery as well as active cooperation with contractors allow us retaining our high manufacturing indexes. In Q4 2019…
DetailsIn January, Rusolovo increased tin manufacture by 5.9% YoY, to 188.3 tons of concentrate. The company is developing the Pravourminskoye and the Festivalnoye deposits in Khabarovsk region. In January 2019, the output totaled 177.8 tons of tin concentrate. (Ukrainian metal)
DetailsThe Koksoviy Site, a part of PMH, has been allowed to commission a new railroad at the Vostochnaya station. The company has financed the construction of two railroads with the combined length of 2513 meters. Each railroad can service at least 70 railroad cars. In addition to railroad the company has also constructed the entire…
DetailsIn 2019 the level of impact of the Vyksa Iron and Steel Works on the city air decreased more than by 46%. This was due to the shutdown of the outdated open-hearth shop and some environment protection measures. In particular, the company has replaced filtering elements and modernized its dust exhaust equipment. In the past…
DetailsIn January, Krivoy Rog Iron Ore Industrial Complex decreased ore output by 13.3% YoY, to 320 thousand tons. In December 2019 the enterprise extracted 370 thousand tons of ore. Last year the company decrease iron ore output by 4% YoY, to 4.4 million tons. (Ukrainian metal)
DetailsOn February 14, Energomashspetsstal shipped another large batch of parts for the Kudankulam Nuclear Power Plant in India and Tyanwan in China. The batch comprised 4 bulk shells for reactor body and steam generator. The combined weight totaled 218 tons. At present the company is working on billets for Tyanwan, Akkuyu and Kudankulam NPPs. (Ukrainian…
DetailsBeloretsk Iron and Steel Works has supplied steel ropes to Poland to a new customer – a mining company. BMK shipped some 30 tons of 6-strand galvanized ropes with the diameter of 40 mm used in mine elevators. “The foreign customer was also interested in our ropes with polymer coating. This is a quality alternative…
DetailsAccording to the Ministry of Natural Resources and Ecology of Magadan region, in January gold output totaled 2282.4 kg, up by 82.5 kg YoY. Tenkinskiy city district yielded 1709.9 kg of ore gold. Omsuchanskiy district was the main silver extractor with 50.6 tons. Last year, gold output in the region totaled 46.36 tons, up by…
DetailsIn January industrial production in Russia grew by 1.1% YoY, but dropped by 17.3% MoM. According to Rosstat, mining decreased by 0.4% YoY. In particular, coal extraction – by 8.8%, while that of metal ores grew by 2.4%. Metal industry demonstrated a growth of 2.3%, with steel wares up by 19.3% and castings by 35.1%.…
DetailsEvraz Consolidated West-Siberian Metallurgical Plant Joint-Stock Company has ordered from Danieli an innovative QSP-DUE (Danieli Universal Endless) plant for the production of high value-added products for the new facility in Novokuznetsk, Kemerovo region. This will be the second Danieli QSP-DUE plant in the world. The order follows the start-up of the first ever DUE plant…
DetailsThe total economic effect from the implementation of projects to improve energy efficiency of production processes at Magnitogorsk Iron and Steel Works (MMK) in 2019 amounted to around 500 million rubles. These substantial results were achieved thanks to MMK’s efforts to improve energy efficiency at all levels of the industrial site. One of the most…
DetailsAzerbaijan’s AzerGold Closed Joint Stock Company sells high-quality 5, 10 and 20 grams ingots and coins made of gold and silver with the fineness of 999.9 at 12 sales points in Baku, Chairman of Board of AzerGold Zakir Ibrahimov said at a press conference on “Prospects for the development of the jewelry market in Azerbaijan:…
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