The Commercial Court of Dniepropetrovsk region has declared concluded an addendum to the agreement on the lease of a land plot between Sukhaya Balka and Krivoy Rog City Council. The agreement was concluded on March 10, 2016. According to the agreement, Sukhaya Balka paid 1.7 million UAH per year for the land plot of 59…
In January-July, Sukhaya Balka decreased iron ore output by 3.3% YoY, to 1.5 million tons. In July, the enterprise produced 22.1 thousand tons of ore, up by 5.5%. Last year, the iron ore output increased by 0.3%, to 2.727 million tons. (Ukrainian metal)
In January-June, Sukhaya Balka decreased iron ore output by 4.8% YoY, to 1.3 million tons. In June, the enterprise produced 213 thousand tons. Last year, output grew by 0.3%, to 2.727 million tons. The capacity of the enterprise is 3.1 million tons per year. (Ukrainian metal)
In January-April, Sukhaya Balka decreased iron ore output by 3.7% YoY, to 875 thousand tons. In April, the enterprise produced 208 thousand tons of ore. In 2019, output grew by 0.3% YoY, to 2.727 million tons. (Ukrainian metal)
In January-March, Sukhaya Balka decreased iron ore output by 1.8% YoY, to 672 thousand tons. In March, the mine produced 218 thousand tons of ore. Last year, the enterprise produced 2.727 million tons of iron ore, down by 0.3% YoY. (Ukrainian metal)
In 2019, Sukhaya Balka increased iron ore output by 0.3% YoY, to 2.727 million tons. In December 2019, the enterprise produced 243 thousand tons of ore. In 2018, the output grew by 8.4%, to 2.725 million tons. Last year Sukhaya Balka intended to prepare two new horizons (1500 and 1580 meters) at the Yubileynaya mine.…
In January-September Sukhaya Balka Mine decreased iron ore output by 1.1% YoY, to 2.015 million tons. In September iron ore output totaled 214 thousand tons. In 2018 output increased by 8.4% YoY, to 2.725 million tons. The capacity of the mine is 3.1 million tons of ore per year. (Ukrainian metal)
In January-July the Sukhaya Balka mine produced 1.577 million tons of iron ore, up by 0.8% YoY. In July 209 thousand tons of ore were produced, and in June – 231 thousand tons. Last year the enterprise increased iron ore output by 8.4% YoY, to 2.725 million tons. The mine capacity is 3.1 million tons…
Vitaliy Bash has been appointed a new general manager of Dneprovsky Iron and Steel Works, a part of DCH. He is also the director of the Sukhaya Balka mine and the managing company DCH Steel. The decision to appoint one person to manage three assets has to do with the need to provide for coordinated…
The operation of the Yubileynaya iron ore mine, a part of Sukhaya Balka, has been suspended because of smoke. The rescuers received information that smoke appeared at the depth of 1500 meters in the mine. 11 miners were working at the site. They have been safely taken to the surface. The supposed reason of the…
During underground work three people were injured at the Yubileynaya mine of Sukhaya Balka in Krivoy Rog. The help of the rescuers was not needed, as the colleagues of the miners were able to repair the machinery and brought them to the surface. All the three miners suffered from the electric shock. (Ukrainian metal)
From now on DCH Steel Management will manage the operation of both Sukhaya Balka and Dneprovsky Iron and Steel Works. Still, this is not enough to make a full vertically integrated mining and metallurgical group. Coal mining and ore processing are the group’s weak links. In 5 years DCH intends to invest $150-200 million in…
Sukhaya Balka and Duferco have concluded an agreement on the delivery of iron sinter ore valued at 2.5 billion UAH ($93 million). The shareholders of the company on April 11 have to approve of the contract concluded on January 9. The shareholders also have to prolong 4 contracts on ore delivery. The value of each…
Sukhaya Balka intends to borrow $30 million from the state Oschadbank and will also act as a guarantor on the similar loan of Dneprovsky Iron and Steel Works. These issues will be discussed at the annual shareholders meeting scheduled for April 11. The loan will be provided for 36 months with the interest rate of…