In September, Sukha Balka commissioned a new manufacturing capacity in the Mine named after Frunze. The block is situated at the depth of 1200 meters. Iron ore reserves amount to 45 thousand tons with high iron content (62.9%). The work was performed by the miners of the site No. 21. Mining will be carried out…
Sukha Balka has commissioned a new block at the Yuvileyna mine. The volume of the block is 73 thousand tons. The new block is situated at the depth of 1420 meters in unstable rock. This required special anchoring. Operation of the mine was resumed in April, when the lack of experienced personnel was overcome. (Ukrainian…
Sukha Balka has commissioned a new production unit at the Yubileyna mine. The new block 122-128 is situated at the depth of 1420 meters. The block reserves amount to 166 thousand tons. Average iron content totals 58.88%. The block will be in development until the end of the year. (Ukrainian metal)
In April-June, Sukha Balka increased iron ore output by 42% QoQ, to 260 thousand tons, and raw ore by 32%, to 300 thousand tons. Rock excavation went up by 51%. The increase was due to the growth of working hours. While at the beginning of the year the company operated with a decreased working hours,…
The shareholders of Sukha Balka have approved paying dividends of more than 1 billion UAH from the undistributed profit for 2008, 2010 and 2011. The decision was taken at the extraordinary meeting of shareholders held on July 10. In particular, to pay dividends the enterprise will spend a part of its net profit received in…
Shareholders of Sukha Balka intend to spend 1.004 billion UAH from undistributed profit of 2008, 2010 and 2011 to pay dividends. According to the agenda of the shareholders meeting scheduled for July 10 to be held remotely, the dividends will be paid in the amount of 1.2 UAH per ordinary share, including 0.24 UAH from…
On February 9, Sukha Balka commissioned new manufacturing capacities at the Yubileynaya mine. The new block will be in development for 4 months. The new block 28-30+10 is located at the depth of 1420 meters. The reserves are estimated at 125.6 thousand tons. Iron content totals 60.6%. (Ukrainian metal)
Sukhaya Balka intends to replace electric detonators with non-electric ones in order to improve efficiency and safety of explosive works. Electric detonators have a 5% rate of failure. Thus, there could be 800 failed explosions in a year. This results in additional work of demolition workers and tunnellers. Moreover, electric detonators are dangerous. The innovation…