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Gold production of Polyus increased by 19% YoY, but fell by 6% QoQ, to 600,700 ounces in January-March, the company said in a statement on April 23. Sales grew by 24% YoY, but dropped by 11% QoQ, to 570,000 ounces. Production on the Olimpiada deposit rose by 17%, to 248,300 ounces, on Blagodatnoye by 3%,…
DetailsPrime Minister of Kyrgyzstan Mukhammedkaly Abylgaziev instructed to suspend work at the uranium deposit in Kyzyl-Ompol area, the Information Policy Department of the Government’s Executive Office reported. The head of the Cabinet held a meeting on the activities of YurAsia company in Kyrgyzstan. An interdepartmental working group was formed on December 31, 2018. Its participants…
DetailsRally at Tash-Bulak uranium deposit ended after a meeting with members of the Parliament, local journalist Anara Azhybekova reported. According to her, a meeting of local residents with members of Parliament Abdybek Duishaliev and Altynbek Zhunus uulu took place at the uranium deposit. “MPs listened to the demands of local residents to ban the development…
DetailsIn February, according to the customs statistics, Russia exported 312.3 thousand tons of ferrous scrap, down by 17.8% YoY. In January-February exports fell by 22.6% YoY, to 559 thousand tons. Turkey accounted for some 35% of exports, down by 39%. The share of Belarus decreased by 4.1%, to 30.6%, and of South Korea – by…
DetailsIn January-March, Kazakhstan produced 22738 kg of raw and semi-wrought gold, up by 7.3% YoY. Silver output dropped by 4.9%, to 230237 kg. At the same time the manufacture of raw aluminum and aluminum oxide decreased by 9.7%, to 395864 tons, lead – by 16.8%, to 32408 tons, zinc – by 2.9%, to 80191 tons,…
DetailsIn 2018 mining companies paid 6.07 billion rubles of taxes to the Khabarovsk region budget, up by 9.1% YoY. Polymetal enterprises accounted for some 43% of the taxes paid – 2.639 billion rubles. In particular, Resursy Albazino LLC paid 2.005 billion rubles, up by 570 million rubles YoY. Rusolovo enterprises paid 50 million rubles of…
DetailsIn 2020 Rusolovo intends to complete the modernization of the Solnechnaya factory at the Festivalnoye deposit in Khabarovsk region. Investments will reach 1.4 billion rubles. After modernization the factory will be producing 1.2 thousand tons of tin concentrate per year. (Ukrainian metal)
DetailsIn January-March, the service metal center of Severstal Distribution in Riga produced 65 thousand tons of metal, up by 2.5% from the previous record set in Q2 2018. Moreover, for the first time in March the enterprise produced 13.4 thousand tons of hot-rolled metal in one month. In the past several years Riga SMC has…
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