The license for the development of Bozymchak, the country’s largest copper-gold deposit, was renewed, the press secretary of KAZ Minerals Bozymchak LLC Elena Tregubova informed. Earlier, the company received a notice on suspending the license for three months with reference to Article 27 of the Law of the Kyrgyz Republic On Subsoil. Ulanbek Ryskulov, Chairman…Details
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Russian steelmaker Severstal may invest up to $15 million in the Yakovlevsky mine in 2018, and will present a business plan for the asset by May 2018, CEO Alexander Shevelev said on November 2. “Next year investment will amount to up to $15 million,” he said. The company acquired full control over the mine two…Details
Russian metals and mining group Mechel will export up to 300,000 tons of coal per year to Japan’s Itochu Corporation under a long-term contract, the company said in a statement on November 2. “We have been shipping coal to Itochu Corporation only under spot contracts for the past two years, and the signing of a…Details
The Prosecutor General’s Office of Ukraine has returned to the U.S.-based Avellana Gold international mining company the previously withdrawn special permit for the development of Muzhievo polymetallic ore deposit in Zakarpattia, the west of Ukraine, as well as confidential geological information about the field, according to the company’s press service. “The General Prosecutor Office has…Details
Russian gold producer GV Gold has bought back 5.26% of its shares from the European Bank for Reconstruction and Development (EBRD) early, the company said on November 2. GV Gold’s unit Sakha Gold Mining acted as the buyer. The final payment amounted to $39 million, while the total payment stood at $62 million. Under the…Details
In 2017 a record commissioning of new long faces is expected at the state mining companies. “This year a record number of new long faces will be put into operation at the state mines – 38. 19 long faces have already been commissioned, 19 more will be commissioned in these two months. For comparison, in…Details
The need in the machine resulted from the switch of the company in March from underground mining to open-pit mining at the Jebariki-Khay. The machine will crush large fraction coal appearing after explosion works. The volume of pieces could be 1.5-2 cubic meters. Jebariki-Khay supplies coal to housing and municipal companies of the northern and…Details
In just three months after Amurmetal resumed operation (the works has been idle for half a year) it has already produces 72.5 thousand tons of continuous-cast billets. Now the main task is to reach the scheduled capacity of 800 thousand tons of liquid steel per year. Later it would be possible to increase output to…Details
At the meeting of the Shakhty City Council the Department of economy director Vladimir Gorshkov said, that soon the Rostovsky Electrometallurgical Works would be operating at full capacity. The industrial indexes of REMZ dropped to 87%. The city is taking measures to resume normal operation at the major works. A commission has been created to…Details
Energomashspetsstal has shipped rolls to 4 ArcelorMittal companies. According to the agreements signed, EMSS supplied 228 tons of products. In particular, for ArcelorMittal Temirtau EMSS produced 2 supporting rolls with the total weight of 62 tons. 3 more supporting rolls (95.1 tons) have been manufactured and sent to Germany to ArcelorMittal Bremen. ArcelorMittal Sagunto SL…Details
DTEK Mine Group named after Space Heroes is preparing to overcome the largest geological break in continuity in Western Donbass – the Bogdanovskoye Fracture, which will open access to a large coal deposit. The Bogdanovskoye Fracture divides excavations of the Space Heroes and Blagodatnaya mines. The total length of the fracture is 35 km. (Ukrainian…Details
Uralelectromed has purchased the fifth Ferrit diesel locomotive (the Czech Republic) valued at 14 million rubles. The machine will be used to transport cargo between the main industrial shops. “Four similar machines have been in use at our enterprise for the past two years and have proven their efficiency. With the delivery of the fifth…Details
TMK has started manufacturing insulated tubings of the 89-48 mm size with triangular section thread connection according to GOST 633. The first batch of 5.2 thousand meters of tubings produced by Sinarsky Pipe Works has been shipped to Udmurtneft. The tubings were made to order. “We continue increasing the range of insulated tubing sizes. This…Details