Tajikistan: TALCO accused by mistake

The Ministry of Finances has admitted that while preparing the Tajik Aluminum Works 2010-2015 and H1 2016 operational results review it has made some mistakes. “In particular, export-import operations were stated in the company profits that have nothing to do with the company financial activity and, thus, cannot represent its financial state”, the ministry said.…

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…