The prospecting of copper ore deposits on the Novopetrovskoye field in the Republic of Bashkortostan is complete. According to the inspection, the deposits have the reserves of 387 thousand tons of R1 copper with the average content of 1.44%, 151 thousand tons of R2 copper (1.28%), 638 thousand tons of R1 zinc (2.37%) and 268…
By the end of the year Central Asia Metals intends to have concluded the deal on buying 100% of Lynx Resources Limited, which owns zinc-lead-silver deposits SASA in Macedonia. The deal is estimated at $402.5 million. In H1 SASA yielded 391 thousand tons of ore, producing 10.7 thousand tons of zinc and 14.9 thousand tons…
According to the Statistics Committee of the Ministry of national economy, in January-June Kazakhstan increased copper cathode manufacture by 5.4% YoY. Raw zinc output decreased by 0.5%. KAZ Minerals and KazZinc contributed the most to the output. (Ukrainian metal)
The EBRD is arranging a $350 million syndicated loan to JSC ShalkiyaZinc Ltd, a Kazakh mining company, for the expansion of the Shalkiya zinc and lead mine in the Kyzylorda region as well as the construction of a new processing plant at the site. The loan is in line with the bank’s strategy of supporting…
Russia sees combined investment in development of the Pavlovskoye lead and zinc ore deposit located on the Novaya Zemlya archipelago at 27 billion rubles, the Arkhangelsk region’s governor Igor Orlov said on March 29. “You know that we’ve discovered a new lead and zinc ore deposit on Novaya Zemlya, which is the fourth largest deposit…
In January-February the production of the raw lead dropped by 23.9%, of raw zinc – by 1.7%. According to the Federal Service of State Statistics, in February raw lead output decreased by 35.7% YoY and by 11.6% YoY, while that of raw zinc – by 4.7% and by 11.6% respectively. (Ukrainian metal)
In January-February Kazakhstan decreased copper cathodes and raw zinc output by 3.3% and by 1% YoY respectively. According to the Statistics committee of the Economy Ministry, raw steel output went up by 8.6% YoY. Kaz Minerals and KazZinc produce most of the metal. (Ukrainian metal)
In January raw zinc output in Russia increased by 1.2% YoY. According to the Federal Service of State Statistics, on the other hand the January result was 9.4% below the December 2016 result. (Ukrainian metal)