Kyrgyzstan: gold potential reaches 4,000 tons

Kyrgyzstan has more than 5,000 deposits of various minerals, including gold, rare earth elements, uranium, thorium and other valuable metals, Deputy Minister of Natural Resources Narynbek Satybaldiev has announced at a briefing. According to approved government data, gold reserves in Kyrgyzstan amount to just over 1,000 tons. However, geologists estimate the country’s total resource at…

Ukraine: VKO to change name

In 2023, Vatutino Refractory Works (Cherkassy region) decreased net loss by 24.5% YoY, to 119.72 million UAH. Due to losses in 2022-2023, the company asks its shareholders not to pay dividends. At the meeting scheduled for December 6, shareholders intend to discuss changing the company name to “Imerys Bahacheve”. As of Q2, the main shareholder…

Ukraine: court declares coal factory bankrupt

On November 7, the Commercial Court of Donetsk region declared one of three coal factories of the arrested businessman Vitaliy Kropachov, the Ukraina factory in Ukrainsk, bankrupt. The town of Ukrainsk was occupied by Russian invaders a couple of weeks ago, but the factory encountered problems much earlier. The bankruptcy case was launched in 2020,…