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Russia: Petropavlovsk to buy Amur Zoloto

Companies of the businessman Musa Bazhayev suggest correcting the agreement on selling Amur Zoloto to Petropavlovsk and receiving 20% in Petropavlovsk instead of 30.3%. In April Petropavlovsk signed an agreement to buy Amur Zoloto for $144 million from Alliance Mining Group and Lexor Group, controlled by Bazhayev. According to the agreement, his companies had to…

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Ukraine: Kurchenko gets control over Antrazit

Businessman Sergey Kurchenko, who is hiding from Ukrainian law-enforcing service in Russia, has gained control over the state enterprise Antrazit, situated on the Ukraine-uncontrolled territory of Lugansk region. In particular, the new general director of Antrazit is now Alexander Ermakov, connected with Kurchenko. Before that Antrazit was controlled by the terrorist-organization of Lugansk People’s Republic…

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Ukraine: miners pensions to grow

The government has announced the increase of the miners pension by 351 UAH from December 1. The minimal amount of pension will thus be 2652 UAH. “In December miners will receive 351 UAH more in pensions”, Prime Minister Vladimir Groysman said. The pension will grow after the announced increase of the minimal salary. (Ukrainian metal)

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