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Vostoc LLC, extracting gold in the Anadyr district of Chukotka Autonomous District, will start obtaining alluvial gold at the deposits of the Pravaya Kolbi River. This washing season the company intends to get 20 kg of gold. The balance resources of the deposit are estimated at 377 kg of gold. Investments in the site development…
DetailsAs of June, Priisk Solovievskiy has obtained 35 kg of alluvial gold in Zabaikalye region. The work at the licensed sites is carried out by Zabaikalsky Quarry. This year Priisk Solovievskiy intends to get at least 350 kg of gold. The manufacturing plan for this year is the same as for the year 2017. (Ukrainian…
DetailsIn January-May Chukotka Autonomous District mined 256.8 thousand tons of coal, up by 23.15% YoY. Beringpromugol LLC made the largest contribution. In 5 months the company shipped 205.78 thousand tons of coal, up by 69.4% YoY. (Ukrainian metal)
DetailsThe gold-extracting enterprise Neryungri-Metallik has opened a new ore gold deposit – Vysokoye in the south of the Republic of Sakha (Yakutia). This is the third deposit of ore gold opened by the enterprise. The reserves are estimated at 2 tons of gold with the average contents of 1.3 g per ton. The size of…
DetailsIn January-May Chukotka Autonomous District yielded 9.813 tons of gold, down by 5.8% YoY. At present, because of the weather conditions only ore gold is extracted in the region. Silver output dropped by 14.6%, to 49.117 tons. In January-April the leader in precious metals mining was the Chukotka Mining and Geological Company. At its Kupol…
DetailsRuspolymet has started the project on the manufacture of metal powder and granules. The project will partially solve the problem of dependence on import deliveries. The new site will have 3 machines, including a mill to produce speed and tool steel of powder and granules. The commissioning of the line will provide some 3 tons…
DetailsThanks to the energy bridge the so-called Lugansk People’s Republic, a terrorist organization created and supported by Russia, has resumed the full cycle production at Alchevsk Iron and Steel Works. AMK now produces almost the entire range of its goods, including slabs. Rolled metal output reaches 70 thousand sheets per month, and slabs – also…
DetailsA fire at the Yerunakovskaya-8 mine of coal producer Raspadskaya in Kemerovo region has been liquidated, there have been no injuries, a source in the region’s emergency services reported on June 18. The source said earlier that all 114 miners were evacuated. Under preliminary data, the fire was caused by a short circuit in the…
DetailsPJSC Magnitogorsk Iron and Steel Works Extraordinary General Meeting of shareholders was held on June 13 with absentee voting. Shareholders approved by majority vote a dividend on MMK’s issued ordinary registered shares of 0.801 rubles (including tax) per share for the first quarter of 2018. The dividend will be paid in cash by bank transfer…
DetailsPoliarm LLC intends to continue geological exploration at the Lichkvaz-Tey gold and copper deposits. Poliarm bought 100% of the Armenian company, owner of the license to develop the deposits, in 2015. JORC resources of the deposits are estimated at 600 thousand ounces (18.7 tons) of gold equivalent. The Lichkvaz contains 4.3 million tons of ore…
DetailsAs of June 1, Priisk Solovievskiy has mined 656 kg of gold on the territory of Amur region. According to deputy CEO on economic issues Victor Sizhuk, the goal was 113.9% fulfilled. Solovievskiy mine provided the main volume of output. The mine operates all the year round. Alluvial sites are developed from May to October.…
DetailsIzhstal has capitally repairs a finishing line of the Xetran bar mill. The line is used to turn, polish and burnish hot-rolled metal. All the process is automated. Izhstal operates two more finishing lines made by Kieserling. The combined output of the lines is 35 thousand tons per year. (Ukrainian metal)
DetailsUralmashzavod has successfully finished the main tests of one the largest winder machines on the world market, which can lift 50 tons of ore from the depth of 1300 meters. Gaysky Mining and Processing Works will be the first buyer. The construction of the machine began last year. Uralmashzavod is the only producer of winders…
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