DTEK Ternovskoye Mine Group has put into operation a new, 188th long face. The volume of the industrial reserves there is over 420 thousand tons of coal. DTEK investments totaled 57 million UAH. The length of the long face is 240 meters. It will provide the miners with work till the end of the year.…Details
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The future of Ukrainian mining-metallurgical complex depends on the domestic market. “If the domestic market is strong, there will be construction, machine-building, car manufacture, subway construction. There will be development”, the opposition prime minister Boris Kolesnikov said during his visit to Zaporozhogneupor. According to him, the main problem of Ukrainian mining and metal complex is…Details
In January-March Priisk Solovievsky mined 220 kg of gold in Amur region, down by 13.6% YoY. All the gold was obtained from the Solovievskoye deposits. This year the company intends to have mined 1 ton of gold there. Thus, so far the company annual target is 22% fulfilled. Alluvial gold extraction will start in the…Details
The repair of the ore-smelting furnace No. 3 started in the smelting shop at Kola Iron and Steel Works. According to the schedule, the repair will last for 20 days. One of the main events is the replacement of over 800 square meters of roof above the furnace. Unlike the old structure, the new one…Details
Chelyabinsk Iron and Steel Works has started producing two new types of sections – wide-flanged beams. European metal structures works and construction enterprises will be consumers of the new product. The HEA220 and HEB220 beams are manufactured according to DIN EN 10025-2. The first batch will be shipped this month. This year the company intends…Details
This weekend the new education project for employees’ children has started at ArcelorMittal – School of Young Engineers. The educational program includes chemical and physical experiments, master classes in wood and metal work, electrical and robotics, and 3D-printing. Participants of the School of Young Engineers will be 320 children at the age of 9 to…Details
Russian aluminum giant RUSAL has suspended shipments of aluminum using facilities of container shipping company TransContainer, the operator’s CEO Pyotr Baskakov declared on April 17. “RUSAL doesn’t know yet what is happening so has suspended all shipments. We have delivered about 700 containers of the planned 3,000 per month. Export deliveries have stopped. This does…Details
Gold output of precious metals producer Polymetal International increased by 8% YoY, to 214,000 ounces, while silver production decreased by 3%, to 6 million ounces in January-March, the company said in a statement on April 18. Total output in gold equivalent grew by 5%, to 295,000 ounces in the period. Revenue went up by 19%,…Details
The prices of the main precious metals varied on April 18, according to the data published by the Central Bank. The cost of gold decreased by 1.7765 manats, to 2284.086 manats per troy ounce compared to the price on April 17. The cost of silver increased by 0.1269 manats, to 28.4471 manats per ounce. The…Details
In February, according to the customs statistics, Russia exported 1.16 million tons of semi-finished non-alloyed steel products, down by 2% MoM and by 7.8% YoY. In January the results were down by 13.8%, but up by 2.4% respectively. In January-February exports reached 2.34 million tons, down by 2.9% YoY. Taiwan imported the most – 20%,…Details
Vorkutaugol, one of the largest coalmining companies in Russia, has purchased the Ostroj mechanized anchoring for its Zapolyarnaya mine. The cost of the investment project is over 500 million rubles. The enterprise will receive 110 sections of the Czech anchoring. The first two batches were delivered to Vorkuta in April. The commissioning of the anchoring…Details
In January-March Poluys increased gold output by 13% YoY, to 507 thousand ounces. At the same time the output dropped from 580 thousand ounces in October-December 2017 due to the decrease in alluvial manufacture. Ore output reached 8.821 million tons, down by 12% QoQ, but up by 2% YoY. Sales revenue totaled $608 million, down…Details
In January-March Russia produced 15.4 million tons of rolled metal, up by 2% YoY. In March output grew by 12.5% MoM, but dropped by 0.3% YoY. According to the Federal Service of State Statistics, pig iron manufacture totaled 13 million tons, up by 0.2% YoY. In March output decreased by 2.2% YoY, but grew by…Details