Ukraine: VostGOK orders ventilation equipment

The state enterprise Vostochniy Mining and Processing Works has ordered Poltava Ventilator Works the delivery of ventilation machinery for 37.1 million UAH. By the end of 2019 the company has to supply, assemble and commission the main ventilation machine for the Novokonstantinovskaya mine in the village of Alekseevka in Kirovograd region. The equipment has to…

Ukraine: VostGOK profit down in H1 2018

In January-June the state enterprise Vostochniy Mining and Processing Works received 13.36 million UAH of net profit, down 16.9-fold YoY. According to the company statement, its net income dropped by 23.2%, to 1.2 billion UAH. Gross profit decreased 2.5-fold, to 170.35 million UAH. Last year VostGOK received 388.94 million UAH of net profit, down by…

Ukraine: VostGOK miners injured in bus accident

A bus, transporting employees of the Ingulskaya mine of the state enterprise Vostochniy Mining and Processing Works got into a road accident in Kirovograd region. According to the Independent Miners’ Union of Ukraine chairman Mikhail Volynets, some miners were injured. “The bus was driving to the mine when it hit and overturned the truck refrigerator…