Ukraine: Poroshenko to confiscate coal

The president of Ukraine Petr Poroshenko suggests taking coal from Ukrainian power companies if they import it from Russia. “The next issue that the president is going to discuss with the National Security Council is the possibility of confiscating coal, which is sent from the occupied mines in Donbass to Russia, and then sold back…

Ukraine: coalmining down in March 2017

In March Ukraine mined 2.98 million tons of coal, down by 12.8% YoY, or by 438.2 thousand tons. The decrease has to do with the militants occupying coal enterprises of DTEK. According to the Ministry of energy and coal industry, the total yield of DTEK mines (Komsomolets Donbassa, Sverdlovantrazit and Rovenkiantrazit), is 30.3 thousand tons,…

Russia: Russian Copper Company profits near 4 billion rubles

In 2016 Russian Copper Company received 3.957 billion rubles of net profits. Among its main enterprises Mikheevsky GOK yielded the most: its profits reached 3.874 billion rubles. Aktyubinsk Copper Company (Kazakhstan) received 3.34 billion rubles of net profits, Karabashmed – 2.523 billion rubles, Kyshtym Copper Smelting Works – 1.34 billion rubles. Aleksandrinskaya Mining Company received…