This year, Pokrovsk Mining and Processing Works plans to produce as much as in 2022. According to the technical director Victor Bondarets, the enterprise is idle now and will remain like this until at least April 1 due to the shortage of electricity. “We will resume operation from April 1, when the heating season ends,”…
Pokrovsky Mining and Processing Works (previous name – Ordzhonikidze GOK) could spend 95% of its 2018 net profit (385.47 million UAH) to pay dividends. The decision will be taken at the next shareholders meeting scheduled for January 14, 2020. The first suggestion was to send 5% of the profit (19.27 million UAH) to the reserve…
Pokrov Mining and Processing Works is carrying out a large-scale reconstruction of its mining machinery – the rotor excavator of the rotor complex No. 9 at the Chkalovsky quarry No. 2. The work started last autumn, after an accident that occurred in early 2018. The repair is carried out all the day long. The metal…
Pokrov Mining and Processing Works (ex-Ordzhonikidze GOK) from September 7 will transfer its accounts from the nationalized PrivatBank to the Credit Dnepr Bank. According to the company statement, the change of the bank has to do with PrivatBank being constantly under pressure lately, which could create risks for the GOK. “To prevent such a negative…
Pokrov Mining and Processing Works (previously – Ordzhonikidze GOK) has purchased a new JCB hydraulic excavator valued at 7.265 million UAH. A similar excavator was bought in February. The excavator with the ladle volume of 2.5 cubic meters will be operating at the ore loading, as well as construction works. As of today, the GOK…