In January-April Khabarovsk region obtained 4797.8 kg of gold, up by 8.5% YoY. Silver output totaled 16619.8 kg, down by 9%. The decrease has to do with the thinning of the Khakandzhinskoye deposits reserves. According to the regional Ministry of natural resources, silver output will continue falling. In 2017 Khabarovsk region obtained 23147 kg of…Details
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Since the start of the year and as of May 15, Rosterminalugol has exported 8 million tons of coal. In 2017 the result was reached on May 17. The 8-millionth ton was a part of the batch loaded onto Post-Panamax bulker Proteas (83.5 thousand tons). The vessel has been the 13th at the terminal since…Details
Severstal Steel Ropes, a part of Severstal-Metiz, has developed an improved version of TU006 rope for the speed descent attraction. It features increased size of the plastic all-round compression, more wire and a unique core structure. These novelties make the rope smoother and more flexible, at the same time retaining its strength over the whole…Details
On March 24 a Zaporizhstal employee loaded ferrous scrap metal weighing 60 kg into his car and tried to drive with it out of the Balka Srednyaya. The thief has been detained by the security. The damage to the company was estimated at 455 UAH. On May 8 a Zaporozhye court fined the thief for…Details
In May iron and steel works in CIS countries increased wire rod price to $595-600 per ton FOB Black Sea from $580 per ton, according to Platts. Rebars became $20 more expensive ($560 per ton). The gap between prices of wire rod and rebars has widened to $35 per ton. One of CIS works has…Details
According to Victor Galasyuk, the chairman of the Verkhovna Rada committee on industrial policy, the situation with the provision of domestic metal companies with scrap is worsening, and immediate reaction of authorities is required. He reminded that in order to provide the stable operation of Ukrainian metal industry the Verkhovna Rada had increased the scrap…Details
Centerra Gold Inc. (Centerra) and Kumtor Gold Company (KGC) have summed up their operating results in the first quarter of 2018, the Media Relations Department of the company has reported. Kumtor produced 100,220 ounces of gold in the first quarter of 2018 compared to 127,400 ounces of gold in the same period of 2017. The…Details
Ukrgazvydobuvannya has concluded 6 agreements with Interpipe Ukraine LLC on the purchase of pipes valued at 3.04 billion UAH. The Victor Pinchuk company will supply 52 thousand tons of various pipes at 50-77 thousand UAH per ton. The pipes will be produced by Interpipe Niko Tube and Interpipe NTZ, as well as Siversk Pipe Works…Details
A 30-years old miner perished at the depth of 622 meters in the Centralnaya mine of the state enterprise Mirnogradugol. “He went into the mine, where a rock cave-in later occurred. The miner fell from the anchoring and into the shaft”, the Donetsk region prosecutor’s office reports. The police are investigating the accident. (Ukrainian metal)Details
In April railroad deliveries of rolled metal produced by NLMK to domestic customers and abroad totaled 1.08 million tons, down by 9.8% MoM, but up by 5.5% YoY. In March the results were +19.2% and +3.4%, while in February –11.4% and +2.3% respectively. In January-April the company shipped 4.4 million tons of metal, up by…Details
Zlatoust Electrometallurgical Works has finished assembly of railroad to transport the floor-type loading machine at the thermal annealing furnaces site being constructed in the rolling shop No. 3. The foundation for the rails with the length of 48 meters each has been completed. At present the floor-type loading machine is being assembled. Bosio annealing furnaces…Details
Uralelectromed has started modernizing the pouring complex of the anode furnace No. 2 at the copper-smelting shop with the unification of two anode removers for two types of anodes – 260 and 392 kg (at present the complex produces anodes weighing 260 kg). This year the company will commission the second stage of the copper…Details
The board of directors of the Russian gold producer GV Gold has recommended that the shareholders approve payment of 2.238 billion rubles, or 40.6973 rubles per common share, in dividends for 2017, the company said in a statement on may 15. The amount includes 12.731 rubles per share of interim dividends for January-June 2017. The…Details