In 2017 Berezitovsky Mine LLC, a part of Nordgold, produced 2.933 tons (94.3 thousand ounces) of gold, up by 18% YoY. According to the company press-service, the increase has to do with the growth of the manufacturing efficiency as well as commissioning of the third stage of the quarry. Last year the company mined some…Details
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A new drilling rig began operating in the Stoylensky Mining and Processing Works quarry. It has been purchased under the renovation program to replace outdated machinery. The efficiency of the new rig is 7% higher. The new machine also boasts increased lifetime of 2 years and decreased terms of repairs. (Ukrainian metal)Details
In 2017 Raspadskaya increased deliveries of coking coal to Evraz Ukraine enterprises 9-fold YoY, to 506 thousand tons. The share of Evraz Ukraine in the total sales of coal concentrate grew to 8% in 2017 from 1% in 2016. Last year the company sold 7.494 million tons of coal concentrate and ordinary coal, up by…Details
In February Evraz NTMK decreased railroad sales of rolled metal by 6.1% YoY, to 280.2 thousand tons. In January-February sales dropped by 12.7%, to 586 thousand tons. In particular, supplies to domestic consumers decreased by 7.5%, to 289.2 thousand tons, and for export – by 17.2%, to 296.8 thousand tons. (Ukrainian metal)Details
Gaz-Alliance, controlled by the renegate businessman Sergey Kurchenko, has been appointed the only supplier of coal from the Kiev-uncontrolled territories. According to Vladislav Brig, a member of the so-called People’s Council of the Donetsk People’s Republic, a terrorist organization created and supported by Russia, on March 14 the Russian Ministry of economic development prohibited the…Details
In 2017 ArcelorMittal Kriviy Rih increased net profit by 87% YoY, to $190 million (5.06 billion UAH). According to the company statement, net income totaled $2.489 billion (66.19 billion UAH). Investments last year reached $0.338 billion (9 billion UAH). “This year AMKR will continue investing in developing capacities. The planned amount for this year is…Details
In February metal exports from Ukraine dropped by 5.5% MoM, to 638.6 thousand tons. According to the state enterprise Derzhzovnishinform, revenue decreased by 4.4%, to $828.8 million. In January revenue from metal exports was $867 million. (Ukrainian metal)Details
In January-February Russia increased raw and semi-raw platinum output by 5% YoY, and silver – by 48%. According to the Federal Service of State Statistics, in February platinum output grew by 3% YoY, and silver – by 3.3%. As to January platinum manufacture increased by 56.9% and silver – by 51.3%. (Ukrainian metal)Details
In February Kuzbass mined 12.6 million tons of coal, up by 5.9% YoY. Underground output totaled 6.9 million tons, down by 6.2%. Coking coal mining reached 5.5 million tons, up by 3.8%, and power-generating coal – 14 million, up by 6.9%. In January-February Kuzbass yielded 38.6 million tons of coal, up by 3.5%. Factories processed…Details
In January Russia exported 711.6 thousand tons of flat unalloyed rolled metal, up by 1.6% MoM and by 17.8% YoY. According to the customs statistics, revenue grew by 3.5% MoM and by 41% YoY, to $421 million. The largest importer in January was Turkey (23.4%), followed by Iran (7.4%) and Poland (6.8%). (Ukrainian metal)Details
The shares of the Russian coal producer Raspadskaya dropped by around 15% on the Moscow Exchange after the company’s board of directors recommended paying no dividends for 2017, when the company’s net profit increased by 70%, to $319 million, according to the exchange’s data. The shareholders will consider the board’s recommendation at an annual general…Details
The state enterprise Mirnogradugol has ordered Erlight LLC the delivery of spare parts for belt conveyers valued at 91.95 million UAH. The company has previously supplied similar spare parts to the enterprise. For example, last year it received an order valued at 3.73 million UAH. The company supplies spare parts and equipment produced in Kursk,…Details