Russia: Rusnano top exec Pikhoya to chair GV Gold

German Pikhoya, a member of the management board of Russian nanotechnology company Rusnano and former CEO of gold producer Polyus, may become CEO of gold miner GV Gold. Pikhoya has left Rusnano to “chair a large gold producing company,” Rusnano said without any specifications. Pikhoya said he would be ready to discuss the topic only…

Ukraine: metal companies demand canceling railroad tariff discount for Russia

Ukrmetallurgprom has addressed the Prime Minister of Ukraine Vladimir Groysman asking him to cancel the railroad tariff and port fee discounts for coal and ore transportation from Russia from Q2. The enterprise president Alexander Kalenkov believes that under present circumstances such a decision will make the use of the local transportation infrastructure more efficient and…

Ukraine: Metinvest and DTEK replace directors of 2 coalminers on occupied territory

Metinvest has replaced the director of Krasnodonugol, which has lost control over its assets on the uncontrolled territory of the Lugansk region. According to the company statement, the supervisory board ended the office of the Alexander Angelovsky and appointed Valentin Kononov the acting CEO instead. DTEK has replaced director of Komsomolets Donbassa mine, which has…

Kyrgyzstan to construct a copper works

Kyrgyzstan is deciding on construction of the copper-smelting works, according to the State committee on industry, energy and soil. To process concentrate the construction of the copper works and the implementation of the new technologies are needed, which are currently absent in Kyrgyzstan. (Ukrainian metal)