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)
Rosterminalugol, the largest dedicated coal terminal in the European part of Russia with state-of-the-art coal handling technology (a part of coal holding Port Management Company) celebrated yet another coal transshipment milestone. Since 2003 the terminal has exported 150 million tons of coal, the terminal operator said in a press release. The 150-millionth ton was loaded…
Dzholdoshbek Dzhunushev was appointed General Director of the State Enterprise Kyrgyzkomur, press service of the State Committee for Industry, Energy and Subsoil Use reported. According to its information, the new head was introduced to the staff by the Chairman of the State Committee for Industry, Energy and Subsoil Use of the Kyrgyz Republic Ulanbek Ryskulov…