Ukraine: ore exports down in January 2019

In January Ukraine exported $234.668 million worth of iron ore, down by 2.4% YoY. Imports dropped by 0.4%, to $0.002 million. According to the State Fiscal Service, in January exports decreased by 6.4% MoM, and imports – by 84.6%. China was the largest importer of iron ore ($43.264 million). In 2018 Ukraine exported $2.869 billion…

Russia: Kupol life extended till 2023

Following prospecting works in 2018, Kinross Gold has decided to extend the development of the Kupol gold deposit in Chukotka till 2023. Previously it was supposed to wrap up work at the deposit in 2022. The increase of reserves enabled the company to extend the work at the site. This year Kinross Gold will spend…