In 2018 Yuzhniy Mining and Processing Works decreased concentrate output by 0.2% YoY, to 12.247 million tons. According to the company press-service, sinter manufacture dropped by 6.04%, to 1.746 million tons. In December 2018 UGOK produced 986.3 thousand tons of concentrate and 195 thousand tons of sinter, up by 8.6% and by 46.07% YoY respectively.…
Precious metal prices increased in Azerbaijan. The price of gold grew by 23.171 manats, to 2,202.8515 manats per ounce on January 10 compared to the price on January 9. The price of silver went up by 0.2096 manats, to 26.772 manats per ounce. The price of platinum increased by 6.4345 manats, to 1,405.492 manats and…
Rosterminalugol JSC, operator of Russia’s largest dedicated coal port (run by Port Management Company, PMC LLC), shipped 19.9 million tons of export coal in 2018, up by 5% from the target. The company handled 288 vessels with average shipload of 69,149 tons and unloaded 276,297 railcars. According to the statement, the high results were achieved…
In 2018 Ukrzaliznytsia transported over 273 thousand cargo cars with iron ore raw materials to the western border of Ukraine, up by 3% YoY. According to the acting chairman of Ukrzaliznytsia Yevgeniy Kravtsov, transportation volumes depend not only on the availability of the rolling stock, but also on the operation of all parties of the…
Co-owner of the ATB, a major retail network, Gennadiy Butkevich has become a major owner of the Nuclear Energy Systems of Ukraine LLC, which in 2017 obtained a right to develop 4 uranium deposits. Butkevich now owns 83.4% in the company. NESU has the licenses to develop Safonovskaya and Mikhailovskaya uranium fields in Nikolayev region,…
As of December 1, 2018 the salary debt to state miners was over 196 million UAH. The total indebtedness was 234.7 million UAH, up by 84.1 million UAH since the start of the year. Recently the Kurakhovskaya mine employees have announced a hunger strike because of non-payment of salary. (Ukrainian metal)
Hunger strikes at Selidovugol mines have been going for a week already. The Kurakhovskaya mine employees have been joined by another laboratory worker. While some other laboratory employees are not striking, they nevertheless refuse to work, until they are paid salary for the past 4 months. The strikes began on January 2. On January 4…
The State Expertise Service has approved the project to construct a mine at the Yubileynoye deposit. It is expected that 78,399 cubic meters of rock will be in development for 7 years. The reserves of the deposit are over 100 million tons of copper ore. At present Bashkirskaya Med LLC is developing some parts of…