Ukraine: Lisichanskugol mine flooded

Because of a malfunction of pump machinery one of the horizons at the Novodruzheskaya mine of the state enterprise Lisichanskugol has been flooded. The breakdown occurred on August 5. The pumping of water from the horizon of 840 meters has stopped. Each horizon should have 2 pump machines, but because of underfinancing the mine uses…

Russia: metal exports down in H1 2019

According to the customs statistics, in January-June Russia exported $206.5 billion worth of products, down by 3.6% YoY. The share of metal and wares was 9.5%, down from 10.4% last year. The share of exports to far foreign countries totaled 8.9% (10.1%), and to the CIS countries – 13.3% (12.8%). The cost of exports dropped…