Ukraine: Turkey wants to buy mines

Turkey is interested in privatizing Ukrainian mines and is prepared to invest into coal industry development. “We had an interesting meeting with our Turkish partners. They can help us financially to revive the industry. They also plan to take an active part in our mine privatization”, said the energy and coal industry minister Igor Nasalik.…

Ukraine: miners not paid wages in full

In March salary debts to miners were 70-75% cleared. Salary debts have been partially cleared at Selidovugol and Volynugol. Lvivugol received 17.2 million UAH from the state and decided to spend 10 million UAH from coal sales to pay salary, so, it was able to clear 88% of the debt. Krasnoarmeyskugol miners still haven’t received…

Ukraine: coal output up in January-April 2016

In January-April Ukraine mined 13.51 million tons of power-generating and coking coal, up by 9% YoY. According to the Ministry of energy and coal industry, state mines yielded 2.1 million tons, or 15.6% of the total volume. State mines output fall reached 6.8%. In April Ukraine mined 3.48 million tons of coal, with 501.4 thousand…