The undistributed fund of the Zabaikalye region has coal worth some 5.5 trillion rubles. Development of these deposits could attract 116 billion rubles and create 2.6 thousand jobs. There are also ongoing projects worth 4 trillion rubles. Investments in them are estimated at 7.4 billion rubles. Moreover, the region has 258 sites with gold and…
Russia’s coal exports to Asia may contract in the next 10 years as some states in the region may refuse the fuel, Natural Resources and Environment Minister Dmitry Kobylkin declared on November 30. “The thing of importance here is not the position of our European colleagues, because as far as I am aware, we do…
Kyrgyzkomur state-owned enterprise explained accumulation of vehicles at Kara-Keche field by high demand for coal, press service of the enterprise reported. It is noted that only Kyrgyzkomur has a sorting room at the field. “People want to take selected coal. Other enterprises have lower capacity; their fuel is dusty. We work around the clock. Four…
On November 22 Bachaty Coal Pit of Kuzbassrazrezugol mined the anniversary 350-millonth ton of coal since the pit had been commissioned. None of the coal enterprises in Russia has ever had such results. The pit was commissioned in 1949 with the design capacity of 300 thousand tons of coal per year. In the first year…
Rosterminalugol, operator of Russia’s largest dedicated coal port (run by Port Management Company, PMC LLC) has shipped 18 million tons of export coal year-to-date. According to the stevedoring company, the milestone ton was loaded onto the Panamax ship Capricorn Trader, the 16th vessel received at the terminal since the beginning of the month (the 260th…
In January-October Ukraine mined 27.687 million tons of coal, down by 4.1% YoY. According to the Ministry of energy and coal industry, the coking coal output dropped by 11.7%, to 4.908 million tons, and power-generating coal by 2.3%, to 22.779 million tons. In October coal output grew by 5%, to 2.838 million tons. In 10…
The Cabinet of Ministers suggests providing state coal enterprises with 1.63 billion UAH in 2019 to be spent on their restructuring. The corresponding suggestion is contained in the draft budget for 2019. The restructure program also includes the support of state mines by a surcharge from the state budget to the price of coal. The…
In January-October Kuzbass mined 151.7 million tons of power-generating coal and 60.1 million tons of coking coal. The combined increase was 5.2% YoY. The mines yielded 74.4 million tons of coal (72.3 million tons in 10 months of 2017) and pits – 137.4 million tons (129 million tons). In October Kuzbass mined 15 million tons…
