DTEK buys its coal in Russia, despite the fact that in Rotterdam it’s cheaper. The anthracite that DTEK delivers from its own mines in Rostov region costs $95 per ton. Taking into account the basic fuel value the Russian anthracite is $13-15 per ton more expensive. (Ukrainian metal)
In January-May Kemerovo region enterprises mined 97.3 million tons of coal, up by 8% YoY. According to the regional administration, in particular, 72.4 million tons of power-generating coal and 24.9 million tons of coking coal, up by 13.1% and down by 1% YoY respectively. (Ukrainian metal)
In January-May Amur region obtained 8407 kg of gold, up by 22.6% YoY, including 7699 kg of ore gold and 708 kg of alluvial gold. The growth has been provided by Petropavlovsk group of companies (Pokrovsky, Pioneer, Malomyr and Albyn), as well as Priisk Solovievsky. In particular, Priisk Solovievsky yielded 782 kg of gold, up…
At night there was a methane ignition at the DTEK Novodonetskaya mine. As the result 4 miners got light burns. The ignition occurred on the No. 3 northern face. At the time 122 miners were in the shaft. All of them returned to the surface. (Ukrainian metal)
Coal stocks at Ukrainian thermal power plants from June 6 through June 12 increased by 1.8%, to 2.52 million tons. According to the Ministry of energy and coal industry, anthracite coal stocks increased by 6.8%, to 608.8 thousand tons, gas-coal – by 0.4%, to 1.91 million tons. (Ukrainian metal)
The Annual General Meeting of shareholders (AGM) of PJSC MMC Norilsk Nickel was held on June 9. The AGM approved the final dividend for the full financial year 2016 in the amount of RUB 446.10 per ordinary share (approximately $7.83 at the RUB/USD exchange rate set by the Russian Central Bank as of April 28,…
Within the framework of the International Exhibition “Astana EXPO-2017” in the pavilion The World of Nuclear Energy the signing of memorandums between NAC Kazatomprom JSC and Cameco Corporation, Uranium One Inc., CGN and AREVA was held. All four documents determine the opportunities for cooperation in implementing in Kazatomprom the tasks outlined in the Address of…
The temporary duties on Ukrainian rebars, imposed by Egypt, will damage metal industry for several hundred million dollars. “At present Egypt is on the fifth position among countries which buy metal from Ukraine, and that’s 5%. Exports to Egypt started falling, they will fall by 5%, or by several hundred million dollars per year”, the…