The Cabinet of Ministers of Ukraine has provided state mines with guarantees of over 1 billion UAH on their loans and has approved the terms of the guarantees.

The Cabinet has agreed to the suggestion of the Ministry of energy and coal industry to provide the state enterprise Toretskugol with state guarantees for 21.15 million UAH and the state enterprise Selidovugol for 278 million UAH.

The Vozrozhdeniye mine will get state guarantees on the 112-million UAH loan and the Stepnaya mine of the state enterprise Lvivugol – 228 million UAH.

The Mine named after Surgay will be granted state guarantees on the loan of 139 million UAH, and the Gorskaya mine of the state enterprise Pervomayskugol – 276 million UAH. (Ukrainian metal)

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