The Board of Directors of PJSC Magnitogorsk Iron and Steel Works on October 16 approved a resolution to convene an extraordinary general meeting of shareholders (EGM) with absentee voting, and approved the agenda for the EGM. Dividends on issued shares of PJSC MMK will be paid based on the results of the first nine months…
DetailsIn January-September Kazakhstan produced 62,697 kg of unwrought gold, up by 16.3% YoY. According to the Statistics Committee of the Ministry of National Economy, production of unwrought silver in the reporting period amounted to 792,535 kg, down by 12.5% from January-September of 2016. (Kazinform/Ukrainian metal)
DetailsKazakhstan offered to limit the export of coal for the period of preparation for the heating season. This proposal was received from the Ministry of Economy of the Republic of Kazakhstan. Electric Stations JSC informed that there are no problems with the supply of Kazakh coal to the Bishkek Heating and Power Station: 261,119 tons…
DetailsLuchegorsk Coal Pit intends to start developing new coal sites of the Luchegorsky-2 pit at the Bikinskoye deposits. At present LUR mines some 4.1-4.2 million tons of coal per year. At the same time it its interested in covering all the needs of the power-generating companies of the region in coal and plans to increase…
DetailsIn January-September the St. Petersburg subsidiary of the First Cargo Company transported 108 thousand tons of ore and non-ferrous concentrates, up by 75% YoY. The subsidiary throughput in this segment increased by a third and reached 178 million ton-km. According to the company statement, the main cargoes are nickel matte, alumina and aluminum ore. Nickel…
DetailsThe Russian Copper Company has been awarded the “Socially responsible company of the year” at the 11th annual “Russian Mining Award”. In 2016-2017 RMK carried out a number of social projects aimed at developing territories around its enterprises and improving the living standards of the population. The company also finances the construction and repair of…
DetailsRaspadskaya miners have yielded 5 million tons of coal since the year started. The symbolical stone with an inscription “5 million tons” was handed to the company management. “5 million tons is a major milestone for the mine. Only a couple of companies reach it in Russia. In 2018 we intend to modernize the 6-33…
DetailsThe United Metallurgical Company has completed the delivery of large diameter pipes with corrosion-resistant coating and joints to Kazakhstan. The volume of the products shipped exceeded 12 thousand tons. Customers were the largest power-generating companies of the country – Kaztransgaz and Kaztransoil, both parts of the national company KazMunayGaz. OMK delivered 1220 mm diameter pipes…
DetailsThe state enterprise Mine named after Surgay (Donetsk region) has ordered the Tekhpostavka LLC the delivery of equipment for rock drilling valued at 3.67 million UAH. By the end of the year the company will have supplied a number of cutting tools and holding devices. In June Surgay Mine bought 100 thousand UAH worth of…
DetailsIn January-September Izhstal sold 320 thousand tons of metal, up by 13% YoY. Steel output increased by 23%, to 235 thousand tons, rolled metal – by 2%, to 263 thousand tons. Output increase is due to the growth of sales of continuous cast billets to Beloretsk Iron and Steel Works, the largest metal wares manufacturer…
DetailsIn January-July Russia produced 157.19 tons of gold (145.95 tons in 2016), including 126.39 tons of mined gold (117.76 tons), 10.41 tons of accompanying gold (8.46 tons) and 20.39 tons of secondary gold (19.73 tons). Silver output totaled 593.19 tons (581.07 tons), including 268.25 tons of mined silver (291.74 tons), 196.84 tons of accompanying silver…
DetailsIn January-September SUEK enterprises mined 77.9 million tons of coal, down by 1% YoY. Sales increased by 3% YoY, to 76 million tons. Exports grew by 6%, to 39.9 million tons. The main importers were China, South Korea, Japan, the Netherlands, Morocco, Germany, Turkey, Israel, Poland and Spain. Sales on the local market remained on…
DetailsIn January-September Khabarovsk krai obtained 17.588 tons of gold, up by 19.1% YoY. In particular, ore gold amounted to 13.891 tons, and alluvial gold – 3.696 tons. Silver output totaled 47.282 tons, up by 41.8%. Gold output increase was due to Svetloye LLC (Polymetal), Mnogovershinnoye (Rusdragmet LLC) and Amur Zoloto (Russian Platinum). Okhotskaya Mining and…
DetailsKirov Non-Ferrous Metals Processing Works has started assembling new machinery at its rolling and press shop. EZW43Q-90*1300 plate-leveling machine (China) is used to level sheets and plates with the thickness of 20-90 mm. Training of the personnel and the commissioning works will be completed in November. With the new machine KZOTsM will start manufacturing a…
DetailsTrubodetal has received 93.41 points out of 100 possible for its business reputation. This was the first time that the company evaluated its reputation. Thus the works has confirmed its correspondence to the InterGazCert certification. “Business reputation is the most important immaterial asset, which considerably increases the market cost of the company and gives it…
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