In January-September, Russia produced 268 tons of gold. Ore gold amounted to 219 tons, auxiliary gold – 13 tons, secondary gold – 25 tons and gold in concentrates – 11 tons. This year, the Union of Gold Miners expects output to reach 366 tons. At the same time, demand could drop by 3%, to 362…Details
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In January-October, trade turnover with Turkey amounted to $1.67 billion, including $260.09 million of exports, up by 66.4%, and $1.42 billion of imports, up by 25.3%. The export of semi-finished products of pig iron and unalloyed steel occupied the fifth place in the export structures, accounting for 37742 tons, up by 42.6%. Revenue totaled $20.34…Details
Nikopol Ferroalloy Plant has started returning its furnaces to operation, after it decreased output in October due to a drop in demand for ferroalloys and another growth of electricity prices. All the company employees have returned to work, and the enterprise is increasing output. The furnaces Nos. 8 and 15 have already been switched on,…Details
In January-October, Ukraine produced 8 million tons of 6% moisture coke, on par with the previous year level. In October, output totaled 738 thousand tons, in September – 702 thousand tons, in August – 811 thousand tons and in July – 826 thousand tons. By-product coke plants received 10.662 million tons of coking coals, down…Details
In January-October, Magadan region extracted 45.43 tons of gold, up by 6% YoY. Ore gold accounted for 26.88 tons (+6%) and alluvial – 18.55 tons (+5.6%). Silver output grew by 11%, to 544 tons. This year, gold output is expected at the level of 48 tons and silver – 580 tons. (Ukrainian metal)Details
A new initiative will see metallic rare-earth elements (REE) products manufacturing set up in Ida-Viru County, thanks to a deal between the Estonian state and the private sector. The project fits into the state’s green transition strategy. Estonian metallurgy firm NPM Silmet is to construct a major plant in Sillamae, Ida-Viru County, which will produce…Details
The Russian state corporation VEB.RF will provide $800 million to Almalyk Mining and Processing Works for construction of the copper-processing factory. Earlier, the enterprise concluded a contract with UZTM-Kartex (Uralmashzavod) and Enter Engineering for $2 billion for the financing of the construction and delivery of machinery in 2022. Enter Engineering will build the factory, while…Details
In January-October, Interpipe increased pipes sales by 16.6% YoY, to 459.1 thousand tons. Sales of OCTG pipes grew more than 2-fold, to 135.3 thousand tons, linear pipes – by 5.6%, to 257.5 thousand tons, and pipes for machine-building – by 37%, to 20 thousand tons. Welding pipes sales dropped by 32.3%, to 46.3 thousand tons.…Details
Energomashspetsstal has successfully passed the inspection of billets for the nuclear reactor of the Akkuyu NPP block No. 3 (Turkey). The inspection of three billets for the reactor body and the main circulating pump has been carried out in 4 days. The billets will be shipped in late November. The batch will comprise two spheres…Details
In January-September, Silver Bear Resources, developing silver deposits in Yakutia, produced 806.8 thousand ounces, down by 46.3% YoY. The decrease is due to the drop in output (-30.1%) and processing of ore (-37.6%). In particular, in Q2 the company special machinery was mostly used to expand the Vertikalniy quarry. Moreover, silver content in ore fell…Details
In January-September, Pobuzhye Ferronickel Plant processed 1.025 million tons of ore, down by 11.6% YoY. This corresponds to 54.573 thousand tons of ferronickel (-15.8%) or 11.7 thousand tons of nickel (-4.6%). The decrease is due to repairs in January-February, which began in 2020. EBITDA amounted to 6.8 million UAH, with profit tax at 2.7 million…Details
In January-October, Ukraine increased railroad transportation of metal by 6.4% YoY, to 18.1 million tons. In October, compared with October 2020, transportation grew by 1.67 million tons, with exports up by 5.9%, to 1.17 million tons, and domestic transportation – by 6.7%, to 400 thousand tons, while transit dropped by 50.6%, to 56 thousand tons,…Details
The Aleksandrovskaya 1 LLC miners team has finished the alluvial season in Amur region with the result of 225 kg of gold. The precious metal was extracted at 3 deposits – Dzhalon, Dzhuvaskit and Dep. In annual comparison output dropped by 7% due to long winter and rainy summer, which resulted in the start of…Details