The state enterprise Vostochniy Mining and Processing Works has not received 160-180 million UAH of profit because of the halt of Smolinskaya and Ingulskaya mines in Kirovograd region,

“It’s been three months since the mines stopped operation and the uranium ore was not mined. According to our preliminary calculations, we have suffered some 160-180 million UAH of losses. In the 3 months that the mines were idle, employees received full salary”, the company acting CEO Yuri Shmelev said.

Smolinskaya mine stopped operation on June 6.

On June 23 the regional authorities granted Ingulskaya mine the right to mine uranium. In late August both mines received the licenses. (Ukrainian metal)

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