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In 2017 Vysochaishiy increased gold output by 37% YoY, to 224.5 thousand ounces (6.983 tons), mostly because of the growth at Taryn GOK. This year the company expects the output to grow to 280-300 thousand ounces. The increase will be the result of Taryn GOK and Ugakhan site GOK reaching their project capacities. Revenue from…
DetailsLast year over 1 thousand cargo cars were sent for repairs because of the damages done by the customers. The most careless customer of the Pridneprovskaya railroads is ArcelorMittal Kriviy Rih, which has damaged over a half of all cars. Other car-damaging clients of the Ukrainian railroads are Zaporizhstal, Dneprovsky Iron and Steel Combine and…
DetailsIn 2017 DTEK Pavlogradugol was enlisted in the TOP-100 major taxpayers, having paid around 3.5 billion UAH of taxes, up by 900 million UAH YoY. Some 937 million UAH were paid in the Western Donbass, including 166.6 million UAH to Pavlograd, 125.5 million UAH to Ternovka, around 111.5 million UAH to Pershotravensk, 430.7 million UAH…
DetailsKazakhstan Electrolysis Works has shipped the first ever batch of liquid aluminum to Giessenhaus LLC. “The volume of the batch was 5 tons. In just 1 hour all the metal has been loaded into a special vacuum-ladle, which keeps the required temperature. The delivery time was around an hour and a half. During delivery aluminum…
DetailsIn late 2017 the prospecting works were completed at the Tuylkusay site in Kostanay region. Estimated reserves of gold there are 5.3 tons. Rare-earth metals have also been found. A plant with the capacity of 48 thousand tons of refractories will be constructed in the city of Arkalyk. The cost of the project is 0.9…
DetailsThe Third Mining and Geological Company LLC has registered gold reserves of the Chulbatkan field in Khabarovsk region. C1+C2 resources amount to 20.7 million tons of ore and 32.8 tons of gold with the average contents of 1.58 g per ton. The local ministry of natural resources hopes to get the first gold by the…
DetailsThe converter No. 1 has been repaired in the metal shop of Karabashmed. Even though repairs provide for the faultless operation of the metal machinery, this fall the company intends to put three new Kumera converters into operation. Their capacity is 150 tons. Karabashmed will also assemble new gas-purifying equipment. (Ukrainian metal)
DetailsA new tungsten-processing plant and a mining-processing complex will be built in the Primorye region under the agreement with the Volfram Company, which also presupposes the stabilization of Lermontovsky GOK operations. Investments in all the projects for 2018-2025 are estimated at 1.5 billion rubles. Some 500 jobs will be created for the locals. (Ukrainian metal)
DetailsIn a year the Lipetsk-based Svobodniy Sokol will start producing pipes with the diameter of 1200 mm. The high-quality pig iron pipes will be used to construct main water and sewer pipelines in Russian regions and abroad. “We’re preparing to conclude a contract on the delivery of new pipe-making equipment with a company from Germany…
DetailsZaporizhstal is negotiating with European banks and financial organizations the issue of attracting a loan to construct a converter shop valued at over $1 billion. “We need to get loans, and that means trust in the first place. Unfortunately, the situation in the country has not changed for the past two years. And the political…
DetailsIn January Dneprovsky Iron and Steel Combine increased rolled metal output by 73% YoY, to 235 thousand tons. According to the company statement, steel output grew by 78.6%, to 234 thousand tons, and that of pig iron – by 95.3%, to 250 thousand tons. In December 2017 DMK produced 233 thousand tons of rolled metal,…
DetailsIn 2017 Rusal produced 3.707 million tons of aluminum, up by 0.6% YoY. In Q4 2017 output grew by 1.4% QoQ, to 944 thousand tons. Aluminum sales in 12 months increased by 3.6%, to 3.955 million tons, and in Q4 2017 by 3.3% QoQ, to 1 million tons. Average sale price was $2105 per ton,…
DetailsIn 2018 Rusolovo intends to mine 1600 tons of tin concentrate, up by 59% YoY. This corresponds to some 286 thousand tons of ore, up by 39% YoY. Last year Rusolovo mined 206.4 thousand tons of ore, with 131.8 thousand tons at Pravourmiyskoye LLC and 76.4 thousand tons at Tin Ore Company LLC. (Ukrainian metal)
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