Russia: RUSAL reveals top 10 events of 2017

RUSAL has presented a list of the company’s most important events and achievements in 2017. The achievements form part of the company’s key deliverables and demonstrate its strategy in action, which is to enhance RUSAL’s operational efficiency and environmental performance, increase its share of value added products, and develop social infrastructure in the communities where…

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Ukraine: Centravis expecting sales increase

Centravis Production Ukraine forecasts that in 2017 its sales will grow by 20% YoY.

“Sales volume-wise we will grow this year by 20% it tons”, the company sales director Waldemar Scheiermann said.

According to him, the company orders portfolio in 2017 narrowed as it cut short-run and low-margin products. (Ukrainian metal)

Azerbaijan: Russian mining companies to co-operate with colleagues

Seven companies of Russia’s Arkhangelsk region, engaged in mining, are interested in cooperation with their colleagues from Azerbaijan. The list of these Russian companies has been published by the Azerbaijan Export and Investment Promotion Foundation (AZPROMO). These are PJSC Severalmaz, JSC Arkhangelskgeoldobycha (diamond mining), LLC Onega Nerud (mining), JSC Severo-Onega bauxite mine (bauxite, clay, basalt…

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Russia: Vekselberg’s firms sell 22.3% stake in Petropavlovsk Plc

Companies controlled by tycoon Viktor Vekselberg have sold a combined stake of 22.3% in U.K.-registered Petropavlovsk Plc, which mines gold in Russia. Bahamas-based Renova Assets sold its entire 14.7496% stake in the gold mining company, while Metkombank, controlled by Vekselberg, sold its stake of 4.4211%, and Lamesa group, a subsidiary of Vekselberg’s multi-industry holding Renova…

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Azerbaijan: AzerGold to finish above ground development of Chovdar in 2020

In 2020 AzerGold plans to finish the above ground (oxide) development of its Chovdar deposits.

After that, in 2021, the underground development stage will begin.

Soon the company will also start drilling at the Ortakend site of the Goydag-Alindzha ore field. (Ukrainian metal)

Russia: TMK to produce new pipes for Gazprom

Saint Petersburg hosted a meeting of the Gazprom chairman Alexei Miller and TMK chairman Dmitry Pumpyansky. They discussed current issues and the prospects of cooperation development. In particular, creation of new products for Gazprom. In December 2014 Gazprom and the major Russian pipe producers signed cooperation agreements for 2015-2020. In October 2016 they were reviewed…

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