Ukraine: criminal proceedings initiated against Evraz Sukhaya Balka

Prosecutors of Dnepropetrovsk region have initiated criminal proceedings against Evraz Sukhaya Balka for illegal mining of iron ore at the Yubileynaya mine. According to the prosecutors, the company has been illegally mining ore without corresponding documents since September. Sources say, Evraz Sukhaya Balka was officially idle in September and October because of the absence of…

Details

Russia: NLMK to increase output

Novolipetsk Iron and Steel Works could increase its capacities by 1-2 million tons per year.

At present the Lipetsk site is capable of producing 16 million tons of steel each year. The program will be carried out in 2-3 years.

The basic development plan doesn’t presuppose large investments, according to the company. (Ukrainian metal)

Ukraine: AMKR accused of metal theft

The independent primary union organization of ArcelorMittal Kriviy Rih reports multimillion thefts at the company involving AMKR employees. The organization sent a corresponding letter to the departments on human resources and security. According to the letter, the organization found out and prevented the theft of 200 tons of pig iron on November 27. They say,…

Details

Russia: Petropavlovsk to buy Amur Zoloto

Companies of the businessman Musa Bazhayev suggest correcting the agreement on selling Amur Zoloto to Petropavlovsk and receiving 20% in Petropavlovsk instead of 30.3%. In April Petropavlovsk signed an agreement to buy Amur Zoloto for $144 million from Alliance Mining Group and Lexor Group, controlled by Bazhayev. According to the agreement, his companies had to…

Details

Ukraine: Kurchenko gets control over Antrazit

Businessman Sergey Kurchenko, who is hiding from Ukrainian law-enforcing service in Russia, has gained control over the state enterprise Antrazit, situated on the Ukraine-uncontrolled territory of Lugansk region. In particular, the new general director of Antrazit is now Alexander Ermakov, connected with Kurchenko. Before that Antrazit was controlled by the terrorist-organization of Lugansk People’s Republic…

Details

Ukraine: miners pensions to grow

The government has announced the increase of the miners pension by 351 UAH from December 1.

The minimal amount of pension will thus be 2652 UAH.

“In December miners will receive 351 UAH more in pensions”, Prime Minister Vladimir Groysman said.

The pension will grow after the announced increase of the minimal salary. (Ukrainian metal)