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Prime Minister Volodymyr Groysman has said that the Energy and Coal Industry Ministry should improve its work with state mines and turn them into profitable enterprises. “An important issue is Ukrainian coal: the Energy Ministry must finally fulfill its task and make state mines profitable enterprises, instead of constantly plunging miners into poverty,” Groysman stressed.…
DetailsThe Buzhanskaya mines Nos. 9 and 10 in Novovolynsk will be checked for legality of using artesian wells. The mines did not pay for the water taken from the wells. Moreover they pollute the water. The deputy chairman of the Volyn regional state administration Sergey Kosharuk has ordered the relevant departments to check this. (Ukrainian…
DetailsThe development of the gold ore deposits Vekhniy Kumarg will start this year. According to the Department of geology, a draft investment agreement between the government of Tajikistan and the Chinese company TBEA for the development of the deposits has been prepared. As soon as the lower house of the parliament ratifies the agreement, the…
DetailsThe Central scientific laboratory in the city of Kara-Balte has taken 11 probes of ore in the case of copper-gold concentrate from the Bozymchak deposits. In the probes with the share of gold in the amount of 1.68 g per ton there were 7.77 g of silver per ton and 0.98% of copper. In other…
DetailsThe supervision procedure will last in the Belstal company till October 22. The bankruptcy process was initiated by Atlasspetsstroy LLC, as Belstal owed it 7.82 million rubles for special machinery and transport. Several years ago Belstal announced its plans to construct a mini-metallurgical plant with the capacity of 500 thousand to 1.25 million tons per…
DetailsArcelorMittal Kriviy Rih has won the tender to supply rebars for the construction of the railroad between the city of Kiev and the Boprispol airport. On July 23 the first batch of 62 tons of rebars with the diameter of 32 mm and the length of 12 m was shipped. Altogether AMKR will supply some…
DetailsIn January-June the Republic of Buryatia extracted 2128.9 kg of gold, on the previous year level. At the same time ore gold output increased by 8% YoY, to 1712.8 kg, while that of alluvial gold dropped by 24%, to 416.1 kg. Last year the republic yielded 5677.9 kg of gold. (Ukrainian metal)
DetailsRosgeologia will carry our prospecting works for ore gold on Levoberezhnoye ore field. The corresponding agreement has been concluded in summer. The site with the size of 6.62 square km is situated in the Cherek district of the Republic of Kabardino-Balkaria. The project is to be completed by early 2021. (Ukrainian metal)
DetailsThe Central Processing Factory Pechorskaya of Vorkutaugol has successfully finished an experiment to improve quality of the coal concentrate and has started supplying it to Cherepovets Iron and Steel Works. The project to decrease ash content in the concentrate began in April. As the result of the experiments, the ash content was decreased to 8%.…
DetailsIn January-June Ukraine exported 7.82 million tons of rolled metal, or 84.6% of all the metal manufacture, almost on par with H1 2017 level. Semi-finished products accounted for 44.9%, up from 41.2%. Flat rolled metal was 33.3% against 33.9% last year. Bars’ share dropped to 21.8% from 24.9%. (Ukrainian metal)
DetailsThe net profit of VSMPO-Avisma fell by 0.9% YoY, to 8.716 billion rubles in January-June, as calculated under Russian Accounting Standards (RAS), the company said in a report on July 26. Revenue increased by 5.7%, to 38.282 billion rubles. Titanium sales grew by almost 6%, to 15,000 tons in the period. (Prime/Ukrainian metal)
DetailsIn January-June companies received 2.081 million tons of rolled metal, with 653.3 thousand tons, or 31.4% imported. In H1 2017 the market consumed 1.971 million tons of rolled metal, with 575.3 thousand tons, or 29.2% imported. Thus, rolled metal consumption increased by 5.6%, with the import share up by 13.6%. Bars accounted for 48.6% and…
DetailsThe magnetite (iron ore) concentrate drying shop of the Bystrinsky Mining and Processing Works has been commissioned. The first batch of the dry iron ore concentrate will be shipped on October 1. Concentrate drying to decrease its moisture will be carried out from October till April. The shop has three drying cylinders with the capacity…
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