The Commercial Court of Donetsk region on February 6 declared one of the largest enterprises of the temporarily occupied Bakhmut – Non-Ferrous Metals Processing Works – bankrupt and launched liquidation procedures there. The works was founded in 1954 as the state enterprise and was subordinate to the Ministry of Non-Ferrous Metallurgy of the USSR. It…
In 2023, Kyrgyzstan exported 20.2 tons of gold for $1,284.3 billion, data of the National Statistical Committee said. Only 290 kilograms of precious metal worth $1.3 million were exported in 2022. Thus, last year, the volume of gold exports increased 69-fold YoY. Switzerland accounted for the main volume of exports of the precious metal —…
First Deputy Chairman of the Cabinet of Ministers of Kyrgyzstan Adylbek Kasymaliev launched a project for underground gold mining at Kumtor mine at the Situational Center of the Presidential Administration, the press service of the Cabinet of Ministers reported. “This method of ore mining will help increase gold production, as well as reduce the negative…
Despite 2 years of war, Interpipe will raise wages to its employees from March. On average, salary will grow by 20%. Last time Interpipe increased wages was last year. On March 1, 2023, wages grew by 15% on average. Interpipe employs around 10 thousand people. In 2023, the company paid 4.4 billion UAH to the…