Shareholders of the Yuzhniy Mining and Processing Works intend to spend a part of profit for 2018 (7.133 billion UAH) to pay dividends. This amounts to 4.484251 UAH per ordinary share. The issue will be discussed at the meeting scheduled for July 19. (Ukrainian metal)
Vostoc-2 miners team, the only alluvial gold extractor in Sakhalin region, in the first two months of the washing season has obtained 10 kg of the precious metal, down 2-fold YoY. The decrease in the output is due to the lack of bulldozer engineers at the start of the season. In July the team plans…
The sinking of a Skipovo-Kletevaya mine shaft has begun at the Novo-Uchalinsky mine of the Uchaly Mining and Processing Works. 55 employees are involved in the work. This year it is expected to sink the shaft to 330 meters. The construction of the shaft will be finished in 2024 at the depth of 1530 meters.…
A construction of a water pipeline from the village of Sosenki to the city district of Troitsk has begun. The diameter of the pipeline will be 1,000 mm. The pipes of high quality pig iron manufactured by Svobodniy Sokol have been chosen for the construction. (Ukrainian metal)
The state enterprise Pervomayskugol reorganization committee chairman Anatoly Zhilenko was denied entry to the territory. On July 4, he together with the director of the coal industry department of the Ministry of energy and coal industry Alexander Vladychenko arrived in Pervomaysk. Vladychenko had to present Zhilenko, but the employees of all the four mines gathered…
ArcelorMittal Kriviy Rih has invested 6.3 million UAH in the purchase of a locomotive and 20 new cars for the Artem 1 mine. The cars started transporting rock and ore in June, and the 14KA locomotive – in July. AMKR mines operate 30 locomotives. This year the company intends to invest 142 million UAH in…
MMK has completed the repair of the small-section mill-170. The mill saw repair of its heating furnace, as well as the replacement of all Stelmor fans. The contract to modernize the mill was concluded in late 2017 with Danieli and Officine Meccaniche S.p.A. The cost of the contract was 5.5 million euros. At present both…
The Corporate University of NLMK Group, a global steel company, has become a member of the European Foundation for Management Development (EFMD), a leading international association. This not-for-profit membership organization brings together leading business schools and companies committed to developing management systems. EFMD offers accreditation services to business schools, corporate universities, and training programs, and…
