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In January-June Amur region mined 9734.4 kg of gold, down by 12.5% YoY. Ore gold output accounted for 7624.9 kg, and alluvial – 2109.5 kg. In particular, Petropavlovsk enterprises mined 6270 kg of gold (Albyn Mine LLC – 2186.7 kg, Pokrovsky Mine LLC – 2627.3 kg, and Malomyr Mine LLC – 1456.1 kg). Berezitovy Mine…
DetailsMikhailovsky Mining and Processing Works has received a new track-laying crane. The machine was purchased within the Metalloinvest investment program to replace machinery and improve manufacturing efficiency. The new crane with the lifting capacity of 21.5 tons is capable of laying railing with the length of up to 25 meters. This purchase is very important…
DetailsOn July 8, 1933 the first open-hearth furnace of MMK produced its first steel. This was the beginning of the steel smelting complex at the company. By the late 1980s MMK operated three open-hearth shops, which comprised 35 furnaces. Steel output reached 16 million tons. In 1990 the company commissioned the oxygen-converter shop. Now the…
DetailsThe sole owner of Stalkanat-Silur, Vladimir Nemirovsky has sent 60 million UAH (0.57 UAH per ordinary share) from the 2017 net profit to pay dividends. The decision was taken on July 2. The dividends will be paid not later than on January 2, 2019. In 2017 Stalkanat-Silur increased net profit 4.3-fold YoY, to 148.859 million…
DetailsIn January-June Mariupol Ilyich Iron and Steel Works increased rolled metal output by 9% YoY, to 1.45 million tons. Steel manufacture grew by 8.5%, to 1.61 million tons, and pig iron – by 23%, to 2.3 million tons. In June the company produced 245 thousand tons of rolled metal, 274 thousand tons of steel and…
DetailsIn June Ukraine decreased steel output by 2% MoM, to 1.67 million tons. Pig iron manufacture grew by 3%, to 1.63 million tons, while rolled metal dropped by 2%, to 1.52 million tons. In January-June pig iron manufacture increased by 14% YoY, to 10.15 million tons. Steel output grew by 5%, to 10.35 million tons,…
DetailsIn recent years the issue of labor migration in Ukraine has been one of the hottest topics for discussion. The question “What shall be done to retain qualified specialists” is the subject of concern for many companies. In this regard, PJSC ArcelorMittal Kriviy Rih is a unique company. It does not have problems with loss…
DetailsThe prices for main precious metals prices rose on July 9, according to the data published by the Central Bank. The cost of gold increased by 6.324 manats, to 2140,2065 manats per ounce compared to the price on July 6. The cost of silver increased by 0.1779 manats, to 27.4062 manats per ounce. The cost…
DetailsThe state enterprise Lvivugol has completely cleared the salary debt to its employees for May. The enterprise received money from the state company Ugol Ukrainy, which allowed paying the May salary. Shortly the enterprise will start paying wages for June. In June Lvivugol cleared the April salary debt. (Ukrainian metal)
DetailsKazakhstan’s National Atomic Company (NAC) Kazatomprom JSC has delivered over 3,100 tons of uranium to the British Yellow Cake company, says the message posted on the website of NAC Kazatomprom JSC. “Following the successful floatation of Yellow Cake plc, NAC Kazatomprom JSC is pleased to confirm that its long-term supply contract with Yellow Cake, which…
DetailsThe price of one ounce of gold increased by 7.497 manats or by 0.3526% last week, to 2,127.2508 manats. The price of one ounce of silver decreased by 0.0078 manats or by 0.286%, to 27.1837 manats. The price of one ounce of platinum decreased by 3.9695 manats or by 0.2759%, to 1,420.1579 manats. Last week,…
DetailsBecause of the critical situation at the state coal enterprises, the Independent Miners Union has prepared an address to the president, prime minister and the Verkhovnaya Rada chairman. According to the union chairman Mikhail Volynets, the main problems in the industry are the wage debt growth totaling over 1.1 million UAH, the decrease of coal…
DetailsVIZ-Stal has started repairs of one of the four filter presses of the cleaning facilities. The repair presupposes the replacement of 15 filter plates. The commissioning of the machine is scheduled for late 2018. Assembly will be carried out in October. VIZ-Stal will invest some 12 million rubles in the project. (Ukrainian metal)
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