Ukraine: UGOK output up in July 2019

In July Yuzniy Mining and Processing Works produced 1043.7 thousand tons of concentrate, on par with July 2018.

Sinter manufacture grew by 114.3%, to 121.1 thousand tons.

In January-July UGOK produced 7319.3 thousand tons of concentrate, up by 3% YoY, and 789.8 thousand tons of sinter, down by 17%. (Ukrainian metal)

Ukraine: UGOK spends over 7 billion UAH on dividends

Shareholders of the Yuzhniy Mining and Processing Works have decided to spend a part of the 2018 profit to pay dividends.

The amount is 7.133 billion UAH, or 4.484251 UAH per ordinary share.

The decision was taken at the extraordinary meeting on July 19. (Ukrainian metal)

Ukraine: UGOK to pay 7.13 billion UAH in dividends for 2018

Shareholders of the Yuzhniy Mining and Processing Works intend to spend a part of profit for 2018 (7.133 billion UAH) to pay dividends.

This amounts to 4.484251 UAH per ordinary share.

The issue will be discussed at the meeting scheduled for July 19. (Ukrainian metal)

Ukraine: UGOK sinter output up in June 2019

In June Yuzhniy Mining and Processing Works produced 997 thousand tons of concentrate, down by 0.9% YoY. At the same time the manufacture of sinter increased by 17.7%, to 103.7 thousand tons. In January-June UGOK produced 6275.6 thousand tons of concentrate, up by 3.6% YoY. But the sinter manufacture dropped by 25.3%, to 668.7 thousand…

Ukraine: UGOK to modernize processing factories

Yuzhniy Mining and Processing Works has repaired the technological section No. 13 of its ore-processing factory No. 2. Investments in modernization totaled 400 million UAH. All the technological sections at its 2 factories UGOK will modernize until 2022. The work started last autumn. This year it is planned to spend some 2.5 billion UAH on…

Ukraine: Cyprus company sues UGOK

Wadless Holdings Limited (Cyprus) has filed a claim to the Yuzhniy Mining and Processing Works demanding the recovery of the debt on dividends valued at 132.32 million UAH. The company owns 21.16 million shares of UGOK and thus is entitled to the dividends of 132.32 million UAH (6.25 UAH per ordinary share), according to the…

Ukraine: UGOK concentrate output up in Q1 2019

In January-March Yuzhniy Mining and Processing Works increased iron ore concentrate manufacture by 5.7% YoY, to 3.183 million tons. At the same time sinter output dropped by 36.4%, to 331.8 thousand tons. In March UGOK produced 1.09 million tons of concentrate and 120.2 thousand tons of sinter, up by 5.1%, but down by 47.8% YoY…

Ukraine: UGOK concentrate output up in February 2019

In February Yuzhniy Mining and Processing Works produced 985.5 thousand tons of concentrate, up by 7.6% YoY.

At the same time sinter manufacture dropped by 33.6%, to 105.9 thousand tons.

In January-February UGOK produced 2087.2 thousand tons of concentrate, up by 6% YoY. Sinter manufacture fell by 27.3%, to 211.6 thousand tons. (Ukrainian metal)

Ukraine: UGOK concentrate output up in January 2019

In January Yuzhniy Mining and Processing Works increased concentrate output by 4.6% YoY, to 1.102 million tons. According to the company statement, sinter manufacture dropped by 19.6%, to 105.7 thousand tons. In 2018 UGOK produced 12.247 million tons of concentrate and 1746.3 thousand tons of sinter, down by 0.2% and by 6.04% YoY respectively. (Ukrainian…

Ukraine: UGOK output down in 2018

In 2018 Yuzhniy Mining and Processing Works decreased concentrate output by 0.2% YoY, to 12.247 million tons. According to the company press-service, sinter manufacture dropped by 6.04%, to 1.746 million tons. In December 2018 UGOK produced 986.3 thousand tons of concentrate and 195 thousand tons of sinter, up by 8.6% and by 46.07% YoY respectively.…

Ukraine: UGOK output down in January-November 2018

Yuzhniy Mining and Processing Works in January-November decreased the iron ore concentrate output by 0.9% YoY, to 11.261 million tons. In November concentrate manufacture dropped by 2% YoY, to 1.056 million tons. Sinter output decreased by 12.7%, to 143.6 thousand tons. In 11 months UGOK produced 1.551 million tons of sinter, down by 10% YoY.…

Ukraine: UGOK concentrate output up in August 2018

In August Yuzhniy Mining and Processing Works produced 1038.9 thousand tons of concentrate, up by 0.5% YoY. According to the company statement, sinter output dropped by 36.2%, to 104.6 thousand tons. In January-August UGOK produced 8143.5 thousand tons of concentrate and 1055.7 thousand tons of sinter, down by 0.3% and by 12.8% YoY respectively. In…

Ukraine: UGOK output down in July 2018

In July Yuzhniy Mining and Processing Works produced 1044.4 thousand tons of concentrate, down by 0.7% YoY. According to the company statement, sinter output dropped by 63%, to 56.5 thousand tons. In January-July UGOK produced 7104.6 thousand tons of concentrate and 951.1 thousand tons of sinter, all down by 0.4% and by 9% YoY respectively.…

Ukraine: truck driver injured at UGOK

An accident happened at Yuzhniy Mining and Processing Works on July 24.

A truck driver was injured while replacing wheels. He got his nose, jaw and hand damaged.

A special commission has been created to investigate the accident. (Ukrainian metal)

Ukraine: UGOK concentrate output up in June 2018

In June Yuzhniy Mining and Processing Works produced 1006 thousand tons of concentrate, up by 0.9% YoY. According to the company statement, sinter output dropped by 41.4%, to 88.1 thousand tons. In January-June UGOK decreased concentrate output by 0.4% YoY, to 6060.2 thousand tons, while sinter manufacture grew by 0.1%, to 894.6 thousand tons. (Ukrainian…

Ukraine: UGOK output down in May 2018

In May Yuzhniy Mining and Processing Works decreased concentrate output by 0.2% YoY, to 1.042 million tons. According to the company statement, sinter manufactured dropped by 0.9%, to 151.6 thousand tons. In January-May UGOK produced 5054.2 thousand tons of concentrate and 806.5 thousand tons of sinter, down by 0.6%, but up by 8.6% YoY respectively.…

Ukraine: UGOK sinter output up in April 2018

In April Yuzhniy Mining and Processing Works produced 1000.3 thousand tons of concentrate, down by 0.1% YoY. According to the company statement, sinter output increased by 7%, to 133.5 thousand tons. In January-April UGOK concentrate output dropped by 0.7% YoY, to 4012.3 thousand tons, while sinter manufacture grew by 13.8%, to 654.9 thousand tons. (Ukrainian…

Ukraine: UGOK concentrate output down in March 2018

In March Yuzhniy Mining and Processing Works decreased concentrate output by 0.6% YoY, to 1042.9 thousand tons. Sinter output grew 2.1-fold, to 230.4 thousand tons. In January-March UGOK produced 3012 thousand tons of concentrate and 521.4 thousand tons of sinter, down by 1%, but up by 15.7% YoY, respectively. In 2017 UGOK increased concentrate output…