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Category Archives: Vostsibugol

Russia: Vostsibugol increases daughter company statutory capital

VostsibugolBy admin13.03.2020Leave a comment

Vostsibugol Company LLC has increased the statutory capital of its daughter company Razrez Cheremkhovugol LLC (Irkutsk region) from 100 thousand rubles to 1.67 billion rubles. Moreover, in January the company increased its share in the Irbeyskiy Razrez LLC (Krasnoyarsk region) to 100%. The increase of the statutory capital is due to consolidation of coal and…

Russia: Vostsibugol coal output up in 2018

VostsibugolBy admin07.02.2019Leave a comment

In 2018 Vostsibugol, developing coal deposits in Irkutsk and Krasnoyarsk region, mined 15.5 million tons of coal, up by 12.3% YoY. The output at Cheremkhovsky pit was 4.6 million tons, up by 22%. Tulunugol pit yielded 7.5 million tons, up by 10%. Coal extraction at Zheronsky pit grew by 19%, to 861 thousand tons. 2.6…

Russia: Vostsibugol gets site with 51 million tons of coal

VostsibugolBy admin22.10.2018Leave a comment

Vostsibugol LLC has been announced a winner in the auction to develop the Western field of the Motovsky site of the Voznesenskoye deposits in Irkutsk region. The company paid 100 million rubles for the license. The estimated reserves of the site are 51 million tons of coal. The size of the site is 11.4 square…

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