As of the end of 2017 Ukraine has lost its 10th place among the leading world manufacturers of steel, according to World steel. Last year Ukraine produced 22.7 million tons of steel, down by 6.4% YoY. The global steel output last year totaled 1.675 billion tons, up by 5.5%. China remained the global leader with…Details
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Sales of coal concentrate of the Russian coal producer Raspadskaya rose by 11% YoY, to 6.888 million tons in 2017, the company said in a statement on January 25. Export sales went up by 25%, to 4.537 million tons, while domestic sales fell by 8%, to 2.351 million tons. Previously Raspadskaya’s parent company Evraz said…Details
Kaz Minerals has started negotiations with the government of Kazakhstan as to getting license to construct the second stage of the mining and processing works at the Aktogay deposits and intends to obtain all the necessary documents by year-end. The second stage of Aktogay – the Aktogay II – was approved in December 2017. Investments…Details
In 2017 Zabaykalye region produced 1436.9 tons of tungsten concentrate, down by 17.7% YoY. Two companies are developing tungsten ore deposits – Novoorlovsky Mining and Processing Works and Bom-Gorkhonsky Mine LLC. Last year Novoorlovsky GOK produced 1380 tons of tungsten concentrate, having provided 96% of the total volume. The rest was mined by Bom-Gorkhonsky Mine.…Details
In 2017 Russia produced 60.9 million tons of rolled metal, up by 0.7% YoY. According to the Federal Service of State Statistics (Rosstat), in December 2017 output grew by 13.9% MoM and by 1.2% YoY. In 2017 pig iron output increased by 0.55% YoY, to 52.2 million tons, with December 2017 results up by 2.3%…Details
According to the Federal Service of State Statistics (Rosstat), in 2017 the manufacture of steel structures and their parts totaled 4.2 million tons, up by 7.9% YoY. The December 2017 results decreased by 13.8% MoM and by 1.7% YoY. The experts believe that the output decrease in the second half of 2017 has to do…Details
Lydian Armenia announced on January 24 that Lydian International’s Amulsar Gold Mine in Armenia has been pre-operationally certified in compliance with the International Cyanide Management Code (ICMC/Cyanide Code). Lydian’s Amulsar Project is the first project worldwide to receive Pre-operational certification since revisions to the Code, published in 2016 – following amendments to the Code, and…Details
The state enterprise Lvivugol has reported on the complete halt of coal purchases from the Lviv-Volyn region. Since September 2015 there has been a mechanism of mutual purchases of coal between Centerenergo and DTEK. To decrease transportation costs Centerenergo bought coal from DTEK Pavlogradugol and DTEK Dobropolyeugol, while the coal from the Lviv-Volyn basin was…Details
The so-called Ministry of coal and energy of the Donetsk People’s Republic, a terrorist organization created and supported by Russia, is actively seeking sales markets for coal mined on the occupied territory of the region. In particular, the DPR representatives are trying to establish sales to Africa. (Ukrainian metal)Details
The increase in gold output will positively influence the economy of the Magadan region, the Council of the Federation member Anatoly Shirokov believes. In 2016 the region was one of the 3 largest gold producers in Russia. Last year Magadan region obtained 32.95 tons of gold, up by 18.2% YoY. The gold-extracting industry provides a…Details
Chelyabinsk Iron and Steel Works has been granted the DNV GL certificate for large-size ingots of special steel grades. The certificate allows the company to supply its products to the European market. Only a handful of companies produce such ingots in the world. ChMK started manufacturing ingots weighing up to 50 tons in summer of…Details
In 2017 Beloretsk Iron and Steel Works increased sales of high added valued products. In particular, the highest sales were in spring wire for machine-building and furniture manufacture – by 14%. Rebar threads for bridge construction sales increased by 13%, steel sections – by 10%. Steel wire sales grew by 9%, while welding wire for…Details
Gold output of precious metals producer Polymetal International rose by 21% YoY, to 1.075 million ounces, while silver production decreased by 8%, to 26.8 million ounces in 2017, it said in a statement on January 24. Total output in gold equivalent grew by 13% YoY, to 1.433 million ounces, overshooting the production plan by 2%.…Details