OMK has formed a new board of directors. Anatoly Sedykh, Vladimir Markin, Natalia Yeremina, Svetlana Sobolevskaya and Anastasia Poletayeva have been elected as the new board. Anatoly Sedykh, the ex-chairman, headed the new board. He will be responsible for the strategic development of the company. The deputy chairman Natalia Yeremina has been elected the OMK…Details
Siberia Mining and Metallurgical Alliance (SiGma) will put the first stage of Ozernovsky Mining Works with the capacity of 100 thousand tons of ore or 2 tons of gold per year into operation in December. According to the company CEO Dmitry Filichkin, by September the works will have received all the machinery. In October-November it…Details
In January-June Kuzbassrazrezugol enterprises mined over 22.9 million tons of coal, including 3 million tons of coking coal, up by 2% and by 5.3% YoY respectively. Sales increased by 6.4%, to 20.9 million tons, including exports by 4.4%, to 15.2 million tons and to local market by 12.3%, to 5.7 million tons. Processing factories have…Details
This year the Artel-DV LLC plans to obtain 30 kg of gold.
At present the company is developing its only Primanjinsky alluvial site. The company began the washing season in June, and so far has yielded 4.5 kg of gold.
Last year Artel-DV obtained 15 kg of gold. (Ukrainian metal)
In January-June mining companies of Kamchatka region yielded 7325 kg of silver, up by 41% YoY. 4 companies mine for silver in the region. 3 of them, all parts of Zoloto Kamchatky, provided the most of output. In particular Ametistovoye mined 5939 kg of silver at the deposits of the same name, up by 51%.…Details
Severstal-Metiz has put a new rope machine into operation at its Cherepovets site. Investments into the project totaled 90 million rubles. Machinery will be used to produce 6-thread ropes with the diameter of 14-34 mm. Such ropes are used at cranes, drilling and oil machines, river and sea vessels, etc. “The new machine will allow…Details
In June, according to the railroad statistics, direct deliveries of rolled steel and pipes to the major oil and gas companies totaled 306 thousand tons, down by 12.5% MoM, but up by 21% YoY. In May the results were lower by 4.9% MoM, but higher by 17.4% YoY. In January-June oil and gas companies received…Details
Zaporizhstal has finished constructing the blast furnace No. 3. According to the company CEO Rostislav Shurma, 12 thousand tons of metal structures have been constructed at the site, as well as 12 thousand cubic meters of concrete were poured. “That’s like 2 Eiffel Towers or 4 Great Pyramids of Gyza together. And all has been…Details
Dneprovsky Iron and Steel Combine has started producing sinter.
“The sinter shop has put into operation three sintering machines (No. 7, 8 and 10). The output of sinter totaled 14 thousand tons”, the company said.
Rotary kiln No. 1 in the converter shop has also been put into operation. (Ukrainian metal)
In January-June the only primary aluminum manufacturer in Ukraine – Zaporozhye Aluminum Works – received 227.661 million UAH of net profit against the net losses of 281.994 million UAH in H1 2016.
The company net profit totaled 15.456 million UAH.
Other earnings reached 224.67 million UAH. (Ukrainian metal)
On July 23, the second bulk carrier delivered 75,000 tons of South African anthracite to Yuzhny Port. The new batch will help DTEK continue to build up coal stocks at its TPPs and ensure stable power supply in Ukraine. At present, the ship unloading is underway and will take three or four days. The anthracite…Details
PJSC ArcelorMittal Kriviy Rih respects the right of the company employees to publicly express their point of view. Management of PJSC ArcelorMittal Kriviy Rih has reviewed the notification about the strike of employees of Underground Mining Department (mines) of Mining Department planned for July 26. The company administration emphasizes that the declared strike is illegal,…Details
On July 17 Belozerskoye Mine Group made its contribution to Ukraine’s energy independence by mining 1 million tons of coal. At present coal is mined at two long faces. In 2016 the company spent 50 million UAH on purifying machinery, and in H1 investments totaled 117 million UAH. The average daily coal output is 5140…Details
In January-June Zaporizhstal consumed 85 million cubic meters of gas, down by 2.5% YoY. This has been achieved thanks to manufacture efficiency increase and expenses decrease. “We used to consume 85 million cubic meters per month, now that’s the half a year results. But we are still working on decreasing gas consumption”, the company CEO…Details
In June Ukraine imported $14.2 million worth of manganese ore.
According to the State Fiscal Service, the main supplier of ore was Ghana ($7.927 million).
In January-June Ukraine imported $76.595 million worth of manganese ore, while exports reached $1.643 million. (Ukrainian metal)
In January-June Russia increased raw and semi-raw gold, as well as powder output by 7.4% YoY.
According to the official statistics, June output increased by 10.5% YoY and by 50.7% MoM. (Ukrainian metal)
In July Druzhkovka Machine-Building Works, a part of Corum Group, finished manufacturing and supplied 8 trolleys and 3 locomotives to Vorkutaugol. The machines will be used to transport people and cargo in mines. This is not the first order – Vorkutaugol mines have been receiving trolleys and locomotives since 2013, with the latest delivery occurring…Details
Kinross Gold is preparing to start developing the Moroshka and Sentyabrskoye deposits in Chukotka. Moroshka reserves are estimated at 6.86 tons of gold and 60-70 tons of silver, enough for 2 years. Kinross Gold started operating at the Kupol deposits in 2008, and the Dvoynoy deposits are being developed since 2013. The combined reserves at…Details
In 2017 Yakutugol plans to invest some 3.5 billion rubles into technical revamp of its subsidiaries. According to the manufacture director Ivan Tsepkov, investments will grow 3.5-fold YoY. This year the group has already purchased three Liebherr R9200 excavators, two Uralmash excavators and three KamAZs for its Neryungrinsky open-pit. Jebariki-Haya pit will receive equipment and…Details
In January-June Beloretsk Iron and Steel Works increased sales of its premium products by 5.5% YoY. In particular, BMK sold 237 thousand tons of metal wares, up by 1% YoY. Wire, rods, sections and ropes showed the increase of 2.6-fold. Sales of steel mesh and structural shapes increased by 42% and by 34% respectively. Steel…Details
After almost 4 months of idleness Dneprovsky Iron and Steel Combine, a part of the Industrial Union of Donbass Corporation, has put into operation two of its blast furnaces. According to a company representative, the blast furnace No. 1M started operating on July 22, and BF9 on July 23. In several days the works will…Details
In May Donetsk region decreased pig iron output by 21.7% YoY, steel – by 18.4% and rolled metal – by 24.9%. Pig iron output in January-May dropped by 13.5% YoY, to 3.4 million tons, steel – by 6.4%, to 3.5 million tons, and rolled metal – by 7.9%, to 1.9 million tons. Despite the decrease…Details
In August Ukrainian metal companies intend to produce 1.7 million tons of steel. According to Ukrmetallurgprom, pig iron output is forecast at 1.4 million tons and rolled metal – at 1.6 million tons. For July Ukrmetallurgporm forecasts were: steel – 1.7 million tons, pig iron – 1.6 million tons, rolled metal – 1.4 million tons.…Details
The Splav Corporation has shipped the first 30 kits of safety relief valves to Altaiwagon in advance. By December the corporation will have to supply over 200 kits of valves for new railroad cars. “One of our main goals is not only manufacture in time, but in advance. The valve manufacture is a separate production…Details
The extraction of energy and coking coal in Ukraine in January-June decreased by 2.9% YoY, to 18.4 million tons, the press service of the Ministry of Energy and Coal Industry reported. According to the report, 2.37 million tons of the total volume of coal was extracted at state-owned mines, where the overall coal production for…Details
Head of the government Bakytzhan Sagintayev has visited LLP “KAZ Minerals Bozshakol”, which mines and extracts copper ore. The enterprise was designed to extract 30 million tons of ore per year, to produce 100,000 tons of copper concentrates, and 120,000 ounces of gold concentrates within the first 10 years. 1,032 people work here. Today, the…Details