Russia: Nordgold gets $75-million loan from UniCredit

Nordgold has concluded an agreement with UniCredit Bank on the $75-million loan. “The company is successfully implementing its long-term strategic and operational goals, and the loan agreement with the UniCredit Group bank demonstrates our financial stability and opulence. We are glad of the cooperation with the bank and look forward to mutually beneficial work”, Nordgold…

Ukraine: anthracite consumption to fall

In 2017 Ukrainian energy sphere will consume some 7 million tons of anthracite coal as opposed to 10.5 million tons in 2016. “The difference of 3.5 million tons is covered by gas-generating coal”, the minister of energy and coal industry Igor Nasalik said. At present there is a surplus of gas coal. “The warehouses stock…