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The Canadian company Euro Sun Mining, the owner of the Rovina gold project in Romania, the second largest in Europe, has concluded a binding Memorandum of Understanding with the Anglo-Swiss group Glencore, the world’s largest commodity trader, for the production to be obtained at the field in Romania. The project faces environmental hurdles generated by…
DetailsHead of State Kassym-Jomart Tokayev has met with Vitaly Nessis, Chief Executive Officer of Solidcore Resources plc. The President was informed about the results of activity of one of the largest companies specializing in exploration, mining and processing of precious and non-ferrous metals in Kazakhstan as well as future plans. According to Vitaly Nesis, Solidcore…
DetailsGold mining has begun at Buchuk site of Solton-Sary gold deposit, the head of the Geology Department of the Ministry of Natural Resources, Ecology and Technical Supervision of Kyrgyzstan Rustam Beishen uulu has announced. According to him, the volume of investments is about 900 million soms. According to the forecast, it is planned to mine…
DetailsIn July-September, Solidcore Resources plc produced 119 thousand ounces of gold, down by 7% YoY, mostly due to the decrease in concentrate supplies from Kyzyl. In January-September, gold production grew by 9%, to 371 thousand ounces. Sales in Q3 increased by 10%, to 122 thousand ounces. Revenue went up by 45%, to $302 million in…
DetailsIn January-September, large enterprises produced 22,324 tons of copper pipes. This indicator has increased by 40.1% compared to the corresponding period of 2023. The volume of production of copper pipes in the past years is as follows: in 2021 – 5,339.9 tons, in 2022 – 12,356.7 tons and in 2023 – 15,938.9 tons. (Ukrainian metal)
DetailsYesterday marked exactly one year since the tragedy at the Kostenko mine, which took the lives of 46 miners. What safety improvements have been made at the enterprise and what work has been done in this area? On October 28, 2023, news of the explosion at the Kostenko mine shook not only the Karaganda region…
DetailsAt the propaganda event “Unity Marathon” on October 26 in Zhlobin, the head of the governor’s administration Dzmitry Krutoi spoke about the role of the Belarusian Metallurgical Plant. The official recalled Lukashenka’s demand for state support: that every budget ruble be spent prudently and carefully. “Because the responsibility is huge and the obligations to the…
DetailsZangezur Copper-Molybdenum Works continues heading the list of 1000 large taxpayers in Armenia, having retained the first place in January-September. According to the Committee on State Income, the company increased tax payments to the state budget by 59% YoY, to 83.6 billion drams. In particular, 1.7 billion drams accounted for tax duties, 26.6 billion drams…
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