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Russia: ChTPZ to increase pipe billet output

The ChTPZ Group is taking measures to keep the business afloat and protect the health of its employees under the coronavirus pandemic and market volatility. According to the development strategy until 2024, the company intends to save 5 billion rubles by decreasing administrative expenses, optimizing repair processes, logistics and energy provision, as well as implementing…

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Russia: gold production up in 2019

Russian companies produced 367.952 tons of gold in 2019, up by 12% YoY, the Union of Gold Producers of Russia reported. Mined gold output went up by 9.5%, to 286.563 tons, by-product gold production increased by 17.4%, to 18.134 tons, and production of gold from processing of scrap and waste rose by 11.6%, to 38.487…

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