Russia: Rosgeologia discovers 40 deposits in 2019

Last year Rosgeologia discovered 40 new deposits, including those containing rare-earth metals, gold and silver. In addition to prospecting, the enterprise was also working in the field of digitalization. The project to develop digital geology was named Geologia 4.0. The program includes the option of using new technologies in prospecting, for example, drones. Rosgeologia has…

Kazakhstan: Turkish holding eyes mining and extraction projects

Delegation of Turkey’s Eczacibasi Holding has expressed interest in implementing projects on extraction and processing of minerals in Kazakhstan, the press office of Kazakhstan’s Ministry of Industry and Infrastructure Development has reported. The issue was discussed during the meeting between Kazakhstan’s Minister of National Economy Ruslan Dalenov and the delegation headed by holding’s CEO Atalay…

Russia: Novaya Zemlya mining project port construction approved

Glavgosexpertiza (Russia’s Main Department of State Expertise) experts have considered and approved the design documentation and engineering survey findings under the project on construction of a port on the Yuzhniy Island of the Novaya Zemlya Archipelago (Arkhangelsk region) as infrastructure of Pavlovskoye Lead and Zinc Deposit. Pavlovskoye Lead and Zinc Deposit discovered in late 1990s…

Ukraine: Lugansk miners start striking

At the Gornaya mine in Lugansk region the miners have decided not to return to the surface after their shift. Thus they have held a protest underground against not receiving salary. The chairman of the Lugansk civilian-military administration Sergey Gayday has promised to pay the salary until November 15. But the miners no longer believe…

Russia: new deposit auction in the Urals

The state agency on subsoil use has announced an auction for the tungsten-iron-copper ore deposit in Sverdlovsk region. The initial price is 2.137 billion rubles. The territory includes the Volkovskoye deposit. The B and C1 ore reserves are estimated at 115.9018 million tons and C2 – 9.859 million tons. The license will be valid for…

Ukraine: state mines merging inefficient

The minister of energy and environment protection Alexei Orzhel believes it is inefficient to unite state coal assets into one holding. “We have not supported the creation of the National Coal Company. When we unite something profitable with something profitless, it becomes less efficient, and it is difficult to decide what to build, modernize or…