As of September 1, Priisk Solovievskiy has extracted 230.2 kg of alluvial gold at its licensed sites in Zabaikalye region. This year the company has increased gold output by 40% and intends to extract some 300 kg of gold. The company is also operating in Amur region. There it has extracted 1727.1 kg of gold,…
DetailsA capital repair of one of the two electric arc furnaces is drawing to an end at the metal shop of the Norilsk Nickel Copper Works. The capacity of the furnace is 1.5 tons. Investments in the project amount to 16.8 million rubles. After the repair the furnace will be operating in the direct current…
DetailsFrom now on the Ivanteyevka warehouse of Korolevsky Pipe Works stores electric welded pipes with the diameter of 168, 219 and 273 mm and the wall thickness of 4 to 8 mm. The portfolio of warehouse stocks has been increased in the category of round sections. Rectangular and square sections are also available. (Ukrainian metal)
DetailsSince the start of the year Yerunakovskaya-VII mine has extracted 2 million tons of coking coal from the 48-6 long face. The 1-million ton-milestone was reached in June. A new long face with the reserves of 3 million tons of coal will soon be commissioned. It will be in development until late 2020. The coal…
DetailsAzovstal has repaired plate shop staff facilities. The shower rooms now have new systems of cold and hot water, heating and electricity network. The ventilation system has been repaired, new doors and windows have been installed, as well as personal lockers and hand-driers. Metinvest has provided 4.2 million UAH for the work. (Ukrainian metal)
DetailsFrom October 5 Dneprovsky Iron and Steel Works will shut down a part of its main shops in order to modernize them. “A number of major investment projects is planned at the works. We repair and modernize the manufacture to decrease footprint”, DCH Steel and DMZ CEO Vitaliy Bash said. The DCH investment program to…
DetailsA rally was held in Bishkek against amendments to the Law on Trade Unions. The Chairman of the Mining and Metallurgical Union of Kyrgyzstan Eldar Tadzhibaev reported that the protesters asked for a meeting with the President Sooronbai Jeenbekov. Protesters want to make their proposals to the proposed amendments to the law. “The amendments proposed…
DetailsGold-extracting companies can obtain a right to receive general license to export gold and silver ingots instead of one-time licenses. The amendments to the legislations have been prepared by the Ministry of Industry and Trade. The ministry believes the current system is slowing the exports down. Unlike general licenses, one-time ones are seriously limited: they…
DetailsThe extraordinary meeting of Norilsk Nickel shareholders has set dividends for the first half of 2019 at 883.93 rubles per ordinary share (around $13.27). The total volume of funds to be spent on dividends will be 139.88 billion rubles ($2.1 billion). The date upon which the shareholders entitled to H1 dividends will be determined is…
DetailsIn July Russia exported 10 thousand tons of ferrochromium, down by 18.5% MoM and by 0.6% YoY. Deliveries to China grew 3-fold, to 685 tons, and to the Netherlands – by 68%, to 7.3 thousand tons. Russia did not export to the USA in July, while in June its share was 32%. In 7 months…
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