Copper

By the end of the year, Rosgeologiya to estimate resources of the Tigrinaya area

By the end of 2017, Dalnevostochnoye production geological association (a part of Rosgeologiya) will estimate the forecast resources of the P3 category of the Tigrinaya area in Primorye, it follows

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Karabashmed to increase production by 50%

The Karabash copper making plant (in the structure of Russian Copper Company) plans to renew equipment and significantly increase crude copper output.

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Russia Copper Company to increase capacity of Karabashmed to 150,000 tons a year

The Russia Copper Company plans to increase the production capacity of Karabashmed to 150,000 tons of crude copper a year due to the modernization of the main technological equipment, Russia Copper

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In 2017-2026, Kazakhmys plans to produce 2.6 mln tons of copper

In 2017-2026, Kazakhmys plans to mine more than 300 million tons of ore and produce about 2.6 million tons of cathode copper, said general director of the corporation’s managing board Bakhtiy

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Russian Copper Company upgrades Karabashmed

Karabashmed (Chelyabinsk region, part of Russian Copper Company) has started installation of a new fully automated copper line and three new converters with a capacity of 150 tons each.

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Aktobe copper company discloses its development plans

Aktobe copper company (AMK, Kazakhstan, part of Russian Copper Company) has presented prospects for the development of the Kazakhstan division in the framework of Astana Mining&Metallurgy 2017

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Over a year, mining of non-ferrous metal ores in Kazakhstan grew by 11%, production of precious and non-ferrous metals – by 20%

In the first quarter, the mining of non-ferrous metal ores made up 273.3 billion tenges in money, which is by 11% more than in the same period a year earlier.

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In Q1, Uralelektromed reduced its net profit

In the first quarter of 2017, Uralelectromed (included in UGMK) reduced its net profit 7.7 times compared to the same period of 2016 (to 103.28 million rubles).

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In Q1, Gaisky GOK increased its profit by 0.2%

In January-March 2017, Gaisky GOK (included in UGMK) made the net profit under RAS in the amount of 801.32 million rubles, which is insignificant (by 0.2%) more than in the same period last year, t

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In 2017, Uchaly GOK plans to reduce production by 22.5%

In 2017, Uchaly GOK (a part of UGMK) plans to mine and process 5.95 thousand tons of copper and copper-zinc ore, which is by 22.5% less than a year earlier, the enterprise reports.

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