Yuzhniy GOK increased output in 2013

In 2013 Yuzhniy Mining and Processing Works (UGOK) increased concentrate output by 5.3%, to 10.936 million tons, as compared with 2012. Sinter output increased by 19.32%, to 2413.8 thousand tons. In December 2013 the works increased concentrate output by 12.92%, to 996 thousand tons YoY, while sinter production rose by 9.5%, to 236 thousand tons.…

Another 49% shares of Stalkanat-Silur sold to a Cyprus company

Liftone Ventures Limited (Cyprus) purchased 49.99% shares (51329829) of the major metal wares manufacturer Stalkanat-Silur, Odessa. Earlier 49.6% of shares were purchased by Bomberio Holdings Limited (Cyprus). Companies intend each to acquire 49.9999% of Stalkanat-Silur. In October 2013 the Antimonopoly Committee permitted both companies to purchase over 25% shares of the works. (Ukrainian metal)