In January-April, Azerbaijan produced 1,075 kg of gold, up by 14% YoY, the State Statistical Committee reported. Silver production increased by 15.4%, to 1,007 kg. Copper mining grew by 27.8%, with 654.7 tons of copper ore and concentrates produced during the first 4 months of the current year. As of May 1, finished copper ore…
In January-March, Ukraine increased copper and copper wares imports by 30.1%YoY, to $27.419 million. According to the State Fiscal Service, in March $11.753 million worth of copper and copper wares were imported. At the same time, exports decreased by 57.4%, to $19.412 million. In March Ukraine exported $7.739 million worth of copper and wares. (Ukrainian…
In January-February Russia exported 675.8 thousand tons of aluminum valued at $1.232 billion, up by 49.4% and by 49.7% YoY respectively. According to the Federal Customs Service, nickel exports grew by 41.4%, to 26.3 thousand tons valued at $312.6 million, up by 27.4%. And the exports of copper went up by 4.9%, to 131.8 thousand…
The architecture, city building and prospective development agency of the Kaliningrad region has allowed creating a small enterprise to produce copper wire rod in the city of Ozersk. A 1-2-storey building with the size of 516 square meters will be constructed. The Baltkat LLC will construct the plant. (Ukrainian metal)
In January-February Kazakhstan produced 0.074 million tons of raw copper, up by 5.4% YoY. In February copper manufacture grew by 2.8% YoY, but dropped by 1.2% MoM, to 0.037 million tons. Zinc output in 2 months decreased by 4% YoY, to 0.052 million tons. In February Kazakhstan produced 0.027 million tons of zinc, down by…
On February 22 Pravourminskoye LLC was accepting offers for its BO-01 bonds valued at 3 billion rubles. The placement of 10-year bonds is scheduled for February 27. The maturity date is March 31, 2028. The value of each bond is 1 thousand rubles. In December 2012 the company placed 7-year bonds valued at 3 billion…
PM Nikol Pashinyan has presented details surrounding the existing situation at the Teghut Copper and Molybdenum Mine (Lori province) and the Alaverdi Copper Smelting Plant. Speaking in parliament, the PM presented how the situation developed in the first place. According to Pashinyan, the VTB Bank lent $380 million to the Teghut mine and Vallex Group,…
The Teghut mine might get re-launched, according to Minister of Economic Development and Investments Tigran Khachatryan. When asked about the chances of Teghut resuming operations, the minister said: “Yes, there is hope, nothing is hindering them to start restoration works after clarifying their relations with the bank,” he said. In 2017, Teghut produced and exported…