According to experts, low-grade gold ore mining at Kumtor will continue for some time. According to Kumtor Gold Company CJSC, a decrease in planned gold mining figures is not uncommon and is caused by the low gold content in the commercial ore mined at Kumtor mine. There have been cases at the mine, when the…
A gold deposit was returned to the state in Batken region, the press center of the State Committee for National Security (SCNS) reported. “As part of investigative and operational measures based on the materials of a criminal case registered on the facts of money laundering, as well as financing the activities of Kamchi Kolbaev’s organized…
Alro Slatina, one of the largest vertically integrated aluminium producers in Europe by production capacity, has put into operation a new aluminium processing facility, following an investment of RON 13.7 million (EUR 2.7 million). In conjunction with the launch of Cutsmart Systems, Alro is also announcing a comprehensive brand-revitalizing initiative that is under implementation. Cutsmart…
The Sukha Balka mine intends to extract iron ore from below the 1210-meter horizon. In particular, ore will be mined at the horizons of 1227, 1244, 1261 and 1275 meters. Sukha Balka, one of the major mining enterprises of Ukraine, comprises the Yuvileina mine and the mine named after Frunze. DCH bought the enterprise from…
The European Union has to eliminate all the loopholes for the import of Russian semi-finished steel products, that have remained after the introduction of sanctions, as soon as possible, as Russia is using its resources to control, attack and make dependant on its will. “Now nothing prevents Russia from using its semi-finished products as a…
The Secretariat of Economy of Mexico has finished its investigation and decided to prolong antidumping duties on the import of seamless pipes made of carbon steel from Ukraine, as well as South Korea, Spain and India, set in 2018 in the amount of $378 per ton. The duty is prolonged for 5 years. For Ukraine…
This year, Ukrainian scrap exporters set several records having received an opportunity to sell scrap without any export duty. While last year, the customs officers took EUR 3 for each ton of scrap exported to the territory of the European Union, since January 1, the state budget had received nothing from the export of these…
Business associations call on the government to develop an efficient way of economical reservation due to drafting of employees. “The territorial drafting centers do not go searching for those how evade drafting, but go to an operating enterprise, stand at the checkpoints and in half a day fulfill the 2-3 months quota,” Ukrmetalurgprom president Oleksandr…
