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In January-March, Polymetal increased output by 27% YoY, to 374 thousand ounces of gold equivalent. Gold manufacture grew by 41%, to 302 thousand ounces, while that of silver dropped by 15%. The share of gold in the overall output of the group totaled 81%. Revenue increased by 28%, to $454 million, mostly due to the…
DetailsStoilensky, a part of NLMK Group, has produced its 15-millionth ton of pellets since the launch of its pelletizing plant. Launched in November 2016, the pelletizing plant has a design capacity of 6 million tons of pellets per year. In 2018, the plant reached the production capacity of 6.7 million tons of pellets (+12% YoY).…
DetailsThe output of the U.K. Highland Gold Mining (HGM), which mines in Russia, grew by 21% YoY, to 71,961 ounces, or 2.2 tons, of gold and gold equivalent in January-March, the company said in a statement on April 25. Production at the Mnogovershinnoye deposit jumped by 58% YoY, to 30,600 ounces, output at the Novoshirokinskoye…
DetailsPolice posts that do not allow heavy equipment to go to the field were set up at Tash-Bulak uranium deposit, press service of the Plenipotentiary Representative of the Government in Issyk-Kul region reported. Local authorities reportedly headed by the Plenipotentiary Representative of the Government in Issyk-Kul region Akylbek Osmonaliev visited the field. As of today,…
DetailsNLMK has started the scheduled repairs of the blast furnace No. 7 “Rossiyanka”. The repair will last for 14 days. It will improve the blast furnace efficiency and let NLMK start another of the Strategy 2022 projects – the reconstruction of the blast furnace No. 6. The preparation for the repair lasted for 7 months.…
DetailsMechel-Service has supplied 350 tons of rolled metal to produce metal structures for the first incineration plant in the Moscow region. Of the metal supplied Krasnoyarsk Enterprise of Technological Machine-building produces frames for the incineration boiler. Most of the metal accounted for beams and sheets manufactured at the Chelyabinsk Iron and Steel Works. The plant…
DetailsCherepovets Iron and Steel Works repair personnel together with subcontractors have completed the capital repair of one of the electric pipe-welding rigs. The machine produces welded pipes with the diameter of 12 to 38 mm for construction industry. The repair lasted for 5 days, 11 hours less than planned. (Ukrainian metal)
Details“At least 95% of the information about what we are doing and were going to do in Kyrgyzstan is not true,» Andrey Akimov, a representative of the shareholders of Central Asian Uranium Company, declared. According to him, the company is concerned about the information that has been voiced recently. At the same time, investors assure…
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