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Lydian Armenia CJSC (“Lydian Armenia”) has received formal notification from the Investigative Committee of the Republic of Armenia that pursuant to the criminal investigation into alleged withholding of information by employees of the Ministry of Environmental Protection, an international consultancy group, Earth Link, and Advanced Resources Development (“ELARD”) has been selected to review all subject…
DetailsIn 2018 Ferrexpo exported 10.287 million tons of pellets. In particular, Poltava GOK exported 7.61 million tons and Yeristovo GOK – 2.677 million tons. Pellets exports by Metinvest totaled 5.374 million tons (SevGOK – 3.136 million tons and CGOK – 2.238 million tons). Karelsky Okatysh (Russia) exported 5.293 million tons, Metalloinvest – 4.204 million tons…
DetailsPokrov Mining and Processing Works is carrying out a large-scale reconstruction of its mining machinery – the rotor excavator of the rotor complex No. 9 at the Chkalovsky quarry No. 2. The work started last autumn, after an accident that occurred in early 2018. The repair is carried out all the day long. The metal…
DetailsTechnoaliance Invest, which will be developing the Zashikhinskoye rare earth metals deposit in Irkutsk region, intends to construct a chemical and metallurgical plant in the region by 2027. The project will be carried out in 4 stages. The plant will produce tantalum, niobium, ferroniobium oxides and zirconium concentrate. The capacity of the plant will be…
DetailsIn 2018 the largest gold extractor of Kamchatka region – Ametistovoye – produced 3105 kg of gold and 11.4 tons of silver, down by 29% and by 20% YoY respectively. The decrease in the output is not explained. This year the company intends to start constructing a mine at the Ametistovoye gold deposit. The license…
DetailsAt the end of 2018, ArcelorMittal Kriviy Rih was one of the plants with the lowest frequency rate (0.38) among all ArcelorMittal’s assets in 14 countries (the third place). Benchmarking was done among the companies with the highest number of man-hours worked – over 16 million. Moreover, ArcelorMittal Kriviy Rih has the lowest frequency rate…
DetailsArcelorMittal Kriviy Rih introduced three investment projects at public hearings, which are construction of a new LFCC-2 and 3 and coke oven gas pipeline, as well as the reconstruction of the LSM 250-4. Particularly, reports on environment impact assessment as a result of project implementation as well as further operation of new and reconstructed facilities…
DetailsPrecious metal prices varied in Azerbaijan. The price of gold increased by 16.5325 manats, to 2,233.4705 manats per ounce on January 30 compared to the price on January 29. The price of silver dropped by 0.3547 manats, to 27.1283 manats per ounce. The price of platinum fell by 4.3945 manats, to 1,389.92 manats. And the…
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