The period of temporary state regulation of coal prices in Kyrgyzstan has expired, the State Agency of Antimonopoly Regulation reported. To curb the growth of coal prices, meet the needs of socially vulnerable citizens and timely provide the population with coal in the autumn-winter period, state regulation of coal prices for a period of 90…
Ingalinskaya-2 Mining and Processing Factory in South Yakutia has increased its coal processing capacities to 2.5 million tons per year. Concentrate output depends on the coal grade – from 40% to 63%. “The project capacity of the factory was 1.5 million tons. Last year we reached 1.7 million tons. The factory was put into operation…
The Eurasian Development Bank (EDB) and Bogatyr Komir Company signed a loan agreement to finance Bogatyr Komir’s investment program aimed at modernizing coal production processes at the Bogatyr mine, the press service of EDB said in a message. The document was signed by Andrey Beliyaninov, Chairman of the Management Board, from the EDB, and Murat…
Rosterminalugol (a part of Port Management Company), the largest specialized state-of-the-art coal terminal in the European part of Russia, reached on February 20 the 3-millionth ton mark from the beginning of this year, the stevedoring company said. The third millionth ton was loaded to the Panamax dry bulk carrier Indigo Ace. The M/V Indigo Ace…
The Prime Minister of Ukraine Vladimir Groysman demands from the minister of energy and coal industry Igor Nasalik to remove the so-called watchers from the state coal enterprises. “Private mining is doing fine. While the state not. Why? Because of the parasitic watchers. So let’s make government seek for finances and you just get them…
The minister of energy and coal industry Igor Nasalik criticizes the Ministry of Finances and state banks for not providing loans to state mines under state guarantees. “Unfortunately, I know how state banks finance Ukrainian economy. I have experienced this when preparing state guarantees for the coal industry financing”, he said. Earlier the ministry informed…
Far Eastern Natural Resources LLC (FENR), a daughter company of the Indian power group Tata Power, has won the auction to develop the Krutogorovskoye deposits of coal in Kamchatka. The company offered the highest price – 264.88 million rubles. The deposit was discovered in 1934. Its reserves are estimated at 300 million tons of coal.…
In January Ukraine mined 2.659 million tons of coal, down by 27.3% YoY, or by 1 million tons. According to the Ministry of Energy and Coal Industry, power-generating coal output dropped by 31.9% YoY, to 2.1 million tons, and that of coking coal – by 2.95%, to 559 thousand tons. (Ukrainian metal)
