KAZ Minerals has signed an agreement with Non Ferrous of China on investments into Koksay project. According to the agreement, in exchange for the investments of $70 million NFC will receive 19.4% in the project. “We have successfully worked with NFC at the Bozshakol and Aktogay construction and intend to develop our relations”, the company…Details
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The state enterprise Lvivugol has completely cleared the salary debts for April to its miners. According to a company representative, the enterprise received a payment from the state enterprise Ugol Ukrainy (Coal of Ukraine), which allowed paying April salary in full. Soon May salary will also be paid. Earlier miners threatened to go on a…Details
In January-May Ukraine exported 242.684 thousand tons of titanium-containing ores and concentrate valued at $50.296 million, up by 8.6% and by 44.5% YoY respectively. According to the State Fiscal Service, the Czech Republic imported 22.92% of goods, Turkey 21.7% and Mexico 14.14%. At the same time Ukraine imported 15.457 thousand tons of ores from Senegal…Details
Dalnevostochnoye Manufacturing and Geological Enterprise, a part of the state geological holding Rosgeologia, is starting prospecting at the Khodzhasky site. By the end of 2020 the enterprise will have prospected some 179 square km. The enterprise will be looking for gold and copper. The fieldworks of 2018 will be the first stage of the prospecting…Details
A new automated Haver FFS 600 packing complex has been put into operation in the copper sulfate shop of Uralelectromed. According to the shop director Vladimir Ivonin, the new machinery has replaced outdated equipment used for 17 years. The new machine does the same thing, but more efficiently – it packs copper sulfate into PE…Details
Ukrainian Member of Parliament, coordinator of the Information Resistance analytical group Dmytro Tymchuk says Russia has begun to massively transport coal from the self-proclaimed “Luhansk and Donetsk People’s Republics (LPR/DPR)” in the occupied areas of eastern Ukraine. “Figures show that coal supplies to Russia’s Rostov region in the first quarter of this year accounted for…Details
The prices of the main precious metals except for silver decreased in Azerbaijan on June 8, according to the data published by the Central Bank. The cost of gold decreased by 1.0625 manats, to 2204.2625 manats per ounce compared to the price on June 7. The cost of silver increased by 0.0546 manats, to 28.3913…Details
In May Russia exported 98.6 thousand tons of ferrous scrap to Belarus via railroad, down by 16.5% both MoM and YoY. In April the results were +4.6% and -16%, and in March +27.8% and +26.4% respectively. In January-May Russia exported 498.5 thousand tons of scrap to Belarus, down by 4.4% YoY. (Ukrainian metal)Details
In January-March Kimkano-Sutarsky Mining and Processing Works produced 510 thousand tons of iron ore concentrate. In particular, 140 thousand tons were produced in January, and 170 thousand tons – in February. In March concentrate output exceeded 200 thousand tons. By the end of the year the company intends to reach the project capacity of 3.2…Details
Yellow cake, or ammonium polyuranite, is the end product of enterprises, which mine uranium by ways of in-situ recovery – Dalur and Khiagda. The only drawback of this technique is the high moisture of the product (up to 30%). Later the yellow cake is processed into the triuranium octoxide with the minimum moisture. Priargunsky Manufacturing…Details
In January-May Ukraine increased coal imports by 42.9% YoY, to 9.246 million tons. According to the State Fiscal Service, the value of the coal imported was $1.248 billion, up by 20.6% YoY. Russia supplied $826.656 million worth of coal (66.19%), USA – $343.63 million (27.51%), Canada – $48.365 million (3,87%), and other countries – $30.262…Details
As of June 5, the total salary debts to miners for two months have reached 1 billion UAH. Salary debts at state mines total 400 million UAH, according to the Ministry of energy and coal industry, but in reality the sum is almost 1 billion UAH, as the ministry does not take into account 500…Details
In May Kosaya Gora Iron and Steel Works was producing ferromanganese in two blast furnaces. The output totaled 13 thousand tons. The growth allowed replenishing stocks and increasing sales. In particular, in May KMZ sold 6.7 thousand tons of ferromanganese, up by 36% MoM. (Ukrainian metal)Details