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Russia: Severnoye Olovo to be liquidated

Severnoye Olovo, managed by Roman Abramovich’s Aristus Holding Ltd, decided to stop operating. The company had a license through 2028 to work at the largest tin deposits in Russia – Pyrkakai in Chukotka Autonomous District, but gave it up in November 2016. Pyrkakai reserves are estimated at 228.5 thousand tons of tin (the fourth place…

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Ukraine: Beregovskoye deposits left to KRK

The State geology and earth service had to cancel the suspension of the license to mine gold-polymetallic ores at Beregovskoye deposits, following the ruling of the court. In 2012 the Karpatskaya Rudnaya Companiya received the license to work at the deposits. In March 2014 the state department of the geological control checked the company and…

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Ukraine: ferroalloys output up in 2016

In 2016 Ukraine produced 1.028 million tons of ferroalloys, up by 16% YoY. According to the Association of Ukrainian Ferroalloy Producers, silicomanganese output went up by 16.7% YoY, to 814.97 thousand tons, ferromanganese – by 19%, to 104.47 thousand tons, and ferrosilicon – 101.42 thousand tons, to 12.5%. At the same time production of metallic…

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