The firemen were able to extinguish fire at the Dmitrov Pilot Works of Aluminum and Combined Belt warehouse. The fire started on March 21 and was extinguished the next day. The area of the fire was 33 thousand square meters. As a result of the fire the roof of one building collapsed. The warehouse stored…Details
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The Agency of the Far East on investment attraction and export support has offered the Canadian Kinross Gold Corporation to take part in prospecting on the territory of Magadan region. The agency presented two gold-bearing sites to the company. Balance reserves of gold in the region are estimated at 376.7 tons. 32 companies own licenses…Details
Last week, Boksit Timana mined the 50-millionth ton of ore since the company started developing the Sredne-Timanskiy bauxite mine. With the help of investment program the enterprise received a new canteen, two dormitories, a hangar and warehouses. The miners are provided with work for the next 25 years. (Ukrainian metal)Details
According to the ArcelorMittal Temirtau CEO Biju Nair, the company suspends operation of all its contractors. “We have two goals: to preserve the health of our employees and keep machinery. We expect serious difficulties with sales, as Nur-Sultan and Almaty have been closed”, he declared at a meeting. The CEO ordered directors of shops and…Details
Russian oil and gas pipe producer TMK has implemented a 6 million euro upgrade of the TMK-ARTROM plant in Romania, the company said in a statement on March 23. “The upgrade that we have done completely falls in line with our strategy aimed at increase of the share of premium products and flexibility of industrial…Details
Ukraine: FerreUkraine: Ferrexpo provides $2.5 million to fight coronavirusxpo provides $2.5 million to fight coronavirus
Ferrexpo enterprises in Ukraine – Poltava, Yeristovo and Belanovsky Mining and Processing Works – will transfer $2.5 million as an aid to medical enterprises to fight the COVID-19 pandemic in Poltava region and under national programs in Ukraine. The decision was taken by the board of directors and supported by shareholders. The main funds will…Details
In January-February, eKrivoy Rog Iron Ore Industrial Complex decreased iron ore output by 0.8% YoY, to 647 thousand tons. In February, the enterprise produced 327 thousand tons of ore, up by 2% YoY. In 2019, KZhRK decreased iron ore output by 4% YoY, to 4.397 million tons. (Ukrainian metal)Details
Beloretsk Iron and Steel Works has prolonged its certificates of conformity of the reinforcement steel and wire to the Moscow system of voluntary certification in construction. This allows the company to supply its products to construction enterprises. In particular, BMK has confirmed the quality of die-rolled sections with the diameter of 4-12 mm and low-carbon…Details
A serious accident has happened at the Alchevsk By-Product Coke Plant, seized by Russia-supported terrorist forces. 4 columns of a gas pipeline at the length of 200 meters have collapsed and the fire has broken out. The collapse was due to the gas pipeline utter corrosion. (Ukrainian metal)Details
Gold-extracting companies in Amur region participated in auctions on the sale of 11 alluvial gold deposits on March 18. The Irmakit miners’ team paid 15.29 million rubles for the license to develop a site in the Grebneviy Brook valley with the expected reserves of 329.7 kg of gold. The price paid exceeded the initial price…Details
In January-February, Magadan region extracted 86.4 thousand tons of coal, down by 4% YoY. The output depends on the power complex needs. Coal in the region is mined to generate heating. This year, the region intends to mine 360 thousand tons of coal, down by 14.1% YoY. (Ukrainian metal)Details
According to Highland Gold Mining Limited, on March 10, the first gold ingot was produced at Kekura. The weight of the ingot, produced at the modernized machine, was 1.4 kg. Excavation began last October. The capacity of the machine is 120 thousand tons of ore per year. Extraction is expected at the level of 35%.…Details