The State Committee for National Security of Kyrgyzstan announced detention of the heads of commercial firms controlled by a crime boss Kamchybek Asanbek (Kamchi Kolbaev), which provided catering services at Kumtor mine. In connection with the detention, Kumtor Gold Company CJSC commented that Grand Electronics Staff LLC was hired to provide services during the period…
Romania would not have to pay any compensation to the Canadian mining company Gabriel Resources for stopping the gold mining project at Rosia Montana, the International Center for Settlement of Investment Disputes in Washington (ICSID) decided on March 8. Romania’s Government issued a statement confirming the outcome of the case on March 9. The verdict,…
In 2024, Ukraine could increase steel manufacture to 7-8 million tons from 6.2 million tons in 2023, experts say. According to Denis Sakva, Dragon Capital senior analyst, at present the remaining Ukrainian enterprises can produce 11-12 million tons of steel per year. Thus, the last year output of 6.3 million tons is slightly higher than…
