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The government of Armenia has agreed to accept as a gift 25% of the shares of the Zangezur Copper-Molybdenum Combine, according to a document published online. The Office of the Prime Minister of Armenia will be managing the shares once the contract and state registration of property rights is completed within 10 days. The Zangezur…
DetailsThe State Commission on Stocks has approved and put on the state balance C1+C2 reserves of ore gold in the amount of 87.71 tons at the deposit named after Mikhailov in the Republic of Kabardino-Balkaria. Now, this is the largest gold deposit not only in the North Caucasus, but also in the European part of…
DetailsDneprovskiy Iron and Steel Combine has begun capital repairs of its sintering machine No. 1. In particular, a new cover will be constructed to localize most of dust emission. As a result of the repair, output is expected to increase by 550 tons per day. Metinvest has channeled 80 million UAH in the repair. (Ukrainian…
DetailsIn April-June, 281.2 thousand people were employed in the mining industry and the development of quarries, up by 1.7% YoY. In Q2 2020, the number decreased by 0.6%, to 276.4 thousand people. Karaganda region increased employment by 2.6%, to 56.8 thousand people. Aktyubinsk region had 41.3 thousand and Mangistau – 39.5 thousand. Average wages amounted…
DetailsIn January-July, Russia extracted 233.79 tons of silver. Far Eastern regions accounted for 210.66 tons. In particular, Magadan region yielded 92.8 tons, Chukotka – 62.8 tons, Yakutia – 22.9 tons and Zabaikalye – 13 tons. Less than 10 tons was extracted in Khabarovsk region (8.8 tons), Kamchatka (4.9 tons) and Priamurye (2.7 tons). Sakhalin region…
DetailsIn January-August, the state enterprise Vostochniy Mining and Processing Works decreased uranium concentrate output by 44.2% YoY, to 280.1 tons. Uranium ore output dropped by 17.8%, to 276.3 thousand tons. Concentrate price decreased by 40.4%, to 815.8 million UAH. (Ukrainian metal)
DetailsMetinvest-SMC LLC has won two auctions in the Prozorro. Public purchases system to supply 5.8 thousand tons of rail pads with the combined cost of 245.9 million UAH to Ukrzaliznytsia. In particular, the company has to supply 4.7 thousand tons of 1KB-65 pads for 199.8 million UAH and 1.080 thousand tons of 1KB-50/65 pads for…
DetailsIn January-July, Russia produced 173.99 tons of gold, down by 1.3% YoY. Extracted gold accounted for 145.88 tons, down by 2.8%. In particular, Amur region decreased output by 30.2%, to 11.29 tons. Krasnoyarsk region produced the most gold – 32.29 tons, up by 2%, Magadan region – 25.15 tons, up by 3.5%, and Yakutia –…
DetailsFrom October 1, Interpipe will increase wages by 10% on average. The increase will cover all employees of the pipe division, steel division and the railroad products division. Earlier this year the company has already increased salaries to manufacturing employees. Thus, this year wages will grow by 20% on average. (Ukrainian metal)
DetailsIn January-August, the state enterprise Mine named after Surgay purchased 4.1 thousand kits of arched anchoring valued at 98 million UAH. Since the start of the year, the mine has held 13 tenders to buy anchoring. The weight of the metal structures ranges from 268 to 386 kg. The total weight of four types of…
DetailsSome 435 tons of scrap procured under the Clean Arctic project in the Yakutia settlement of Tiksi has been delivered to the Nizhniy Bestyakh cargo terminal. The scrap was loaded into containers and sent via railroad to Amurstal. There are 437 places of accumulation in Yakutia, with 84% situated in the Artic zone. On the…
DetailsArcelorMittal Kriviy Rih has purchased two Shantui Construction Machinery front-end loaders. Investments amounted to 4.5 million UAH. The machines have already been delivered. In November, the company expects two bulldozers from the same manufacturer valued at 16 million UAH. (Ukrainian metal)
DetailsOn September 23, fire broke out in the eastern conveyer drift of the Mine named after Zasyadko. The mine is situated in Donetsk, occupied by pro-Russian terrorist militants. There were 61 miners in the shaft, including 26 on the accident site. All the miners but one were successfully brought back to the surface. (Ukrainian metal)
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