The State Property Fund has sold the Murafskiy quarry in Vinnytsia region for 25 million UAH. Three investors participated in the trade. As a result of the auction, the initial price grew 5-fold. In addition to 25 million UAH, the winner of the auction has to pay more than 11 million UAH of the company…
In January-August, Almalyk Mining and Processing Works exported products valued at $465.43 million, up by 0.4% from the forecast. In particular, the company exported 37,736 tons of copper and 25,688 tons of zinc. Molybdenum products exports increased by 25.8%, rhenium by 44% and cadmium by 41%. (Ukrainian metal)
The number of employees at Kumtor gold mine has grown by 33%, or by 1,156 people over four years. Since 2017, the enterprise has taken a course to reduce the cost of gold production, including gradually reducing the staff in order to reduce administrative costs. As a result, in 2019, 3,467 people worked at Kumtor:…
First Deputy Prime Minister Roman Sklyar denied the rumors on transfer of ArcelorMittal Temirtau to Severstal, Russia’s largest mining company. Journalists asked Sklyar whether any negotiations were held with Severstal on transfer of ArcelorMittal Temirtau. “That’s not true. There are no negotiations on this issue. Do not believe these rumors,” he said. “The company (ArcelorMittal…
Ukrzaliznytsia asks the government to relieve it of the obligation to sell ferrous metals scrap via the Prozorro system. The company wants to sell scrap by directly concluding agreements with potential customers. At present Ukrzaliznytsia is obliged to announce tenders in Prozorro to sell scrap under closed trades, where the main criterion is the highest…
