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The prices of main precious metals varied in Azerbaijan on June 25, according to the data published by the Central Bank. The cost of gold decreased by 0.6545 manats, to 2,153.968 manats per ounce compared to the price on June 22. The cost of silver increased by 0.0716 manats, to 27.819 manats per ounce. The…
DetailsRosgeologia will carry out prospecting works within the Spokoyninsky ore node in Aldan district of the Republic of Sakha (Yakutia). According to the tender documents, the enterprise will have to investigate the site with the size of 178.7 square km. Their main task is to estimate the forecast resources of R2 ore gold in the…
DetailsThe state enterprise Selidovugol has been transferred 15 million UAH. According to Mikhail Volynets, the chairman of the Independent Miners Union of Ukraine, the money will be spent to partially pay salary debts to the employees. Earlier the minister of energy and coal industry Igor Nasalik declared, that of the 85 million UAH on salary…
DetailsIn May industrial output in Ukraine increased by 2.2% MoM and by 2.9% YoY. According to the State Statistics Service, in January-May the industrial output grew by 102.6%. In particular, in mining and quarrying it increased by 102%. (Ukrainian metal)
DetailsThe EU is ready to cooperate with Ukraine to reduce the risks in the energy sector, in particular, to assist in closing the exhausted and dangerous coalmines. “I congratulate Ukraine on including the tasks of decarbonization of its economy in the strategy until 2035. This means a cautious approach to solving the challenging issues in…
DetailsThe environment activists of Mariupol, one of the most polluted cities in Ukraine, protest against construction of a new continuous casting machine No. 4 with the capacity of 2.5 million tons and the ladle furnace instead of the outdated CCM No. 1 with the capacity of 0.75 million tons per year at Mariupol Ilyich Iron…
DetailsPJSC ArcelorMittal Kriviy Rih started installing new diesel engines, Cummins, produced in the USA, at its locomotives. In the result of modernization, the company has already got one locomotive with a new engine. Three more locos with new American engines will be available by the end of the year – the contract has been signed…
DetailsThe prime cost of 1 ton of coal at some state mines exceeds 18 thousand UAH. “When people say of Rotterdam+, which is 2.5 thousand UAH, the state buys coal at 18 thousand UAH per ton”, the minister of energy and coal industry Igor Nasalik said. In particular, the help to Selidovugol mines with the…
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