In June Amurmetal sold 49.5 thousand tons of metal, up 11-fold YoY. In January-June sales reached 227.3 thousand tons, up 11-fold. Russian customers received 80 thousand tons, while 147.6 thousand tons were exported. (Ukrainian metal)Details
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In June, according to the railroad statistics, direct supplies of scrap to Amurmetal totaled 53.6 thousand tons. This is almost 80-fold more YoY. In January-June deliveries reached 223.4 thousand tons, up 5-fold YoY. (Ukrainian metal)Details
Since the start of the season Rise LLC, a gold-extracting company of the Magadan region, has obtained over 250 kg of the precious metal. The plan for this year is 700 kg of alluvial gold. Last year the company yielded 569.5 kg of gold. The company is operating at two sites – the Pravaya Vizualnaya…Details
The Vorkutinskaya mine was the first enterprise of the Vorkutaugol to have mined 1 million tons of coal this year. The mine has been constructed on the basis of the Kapitalnaya mine No. 1 and No. 40 and was commissioned in 1973. Now the mine is developing two long faces. Last year the mine yielded…Details
Yakutugol has purchased a new KamAZ with a clamshell. The cost of the machine is some 7.5 million rubles. The machine will make the process of cleaning cars of snow completely automated. The KamAZ will also be used for loading and unloading. (Ukrainian metal)Details
Altai-Koks has finished the reconstruction of the air-purification system in the coal preparation shop on the territory of the car dumps. The new machinery allowed increasing air purification of dust from 75% to 99.5% and improving labor conditions. Investments in the project totaled 100 million rubles. (Ukrainian metal)Details
The gold production of Russia’s Polyus increased by 23% YoY, to 602,000 ounces in April-June, the company said in a statement on July 24. In January-June the output rose by 18% YoY, to 1.109 million ounces. Sales increased by 6%, to $1.291 billion at the average price of $1.317 per ounce. (Prime/Ukrainian metal)Details
In January-June Kamchatka region yielded 2471 kg of gold, down by 16.2% YoY. Silver output remained on the previous year level (7.3 tons). Ore gold accounted for 2466 kg. Alluvial gold output reached 5 kg, as only one enterprise was washing sands – Vector Plus LLC. This year gold output is expected on the level…Details
Ormet has reached the design capacity of the surface stowage facilities of the Djusinskiy mine. The capacity of the facilities is 6 thousand cubic meters of fill rock per month. The construction size of the facilities is 1800 square meters. Ormet obtained the license to develop the Djusinskoye deposits in Orenburg region in 1999. Until…Details
In January-June Kuzbassrazrezugol mined 23.4 million tons of coal, up by 2% YoY, including some 3.2 million tons of coking coal. Since the start of the year the customers have been shipped 20.8 million tons of coal, with 70% exported (14.6 million tons) and the rest supplied to the domestic market (6 million tons). 20.7…Details
Prices of precious metals in Azerbaijan again started growing on July 23 after a week-long decline, according to the data published by the Central Bank. The price of gold increased by 17.6375 manats, to 2094.1195 manats per ounce on July 23, compared to the price on July 20. The price of silver increased by 0.2787…Details
The shares of Russian aluminum giant RUSAL soared by 10.84% on the Moscow Exchange on July 23 on the news that the U.S. expected to find an acceptable solution to remove sanctions against the company. “I’m not going to go into the exact specifics of what those proposals are and where we stand on them,…Details