The Supreme Anticorruption Court has not satisfied the claim of the Ministry of Justice on the confiscation of Demurinskiy Mining and Processing Works and other companies controlled by the Russian billionaire Mikhail Shelkov. The court did not find the proofs of Shelkov having control over DemGOK strong enough. DemGOK via its Cyprus owner has a…
In 2022, Navoi Mining and Metallurgical Works manufactured 56.6 trillion sums worth of products, up by 106.2% YoY. 18 trillion sums were paid to the state budget. Over 6 years, gold output grew by 21% and silver – by 46%. Last year, the company invested $486 million in development and carried out three large projects…
A large gold deposit has been discovered in Serbia. Gold content in concentrate could exceed 93%. Additional prospecting must be carried out to determine reserves. (Ukrainian metal)
In December 2022, Ukraine exported 75.14 thousand tons of semi-finished steel products, down by 16.2% MoM and by 86.8% YoY. According to the State Customs Service, revenue dropped by 17.3% MoM and by 87.3% YoY, to $43.84 million. In 2022, exports totaled 1.899 million tons valued at $1.19 billion, down by 72% and by 70.9%…