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In 2017 Avdiivka Coke and Chemical Works increased net income 2.1-fold YoY, to 24.899 billion UAH. According to the company statement, its net profit grew 3.52-fold, to 2.850 billion UAH. Undistributed profit as of late 2017 totaled 7.015 billion UAH. Last year the company produced 2.628 million tons of blast furnace coke, up from 2.397…
DetailsA fire broke out on the territory of the Kapitalnaya mine of the state enterprise Mirnogradugol. When the fire brigades arrived at the site they found out there was thick smoke on the fourth floor of the 5-story building on the territory of 360 square meters. 7 people have been evacuated from the premises. The…
DetailsPrices on gold, platinum and palladium in Azerbaijan decreased on may 2, while that of silver increased, says the message published by the Central Bank. Thus, compared to May 1, the price of gold fell by 3,349 manats, to 2227.2805 manats per Troy ounce, while silver rose in price by 0.0494 manats, to 27,7224 manats.…
DetailsThe Chief state expertise agency of Russia has approved the first stage of the Zashulanskoye deposits pit development in Zabaykalye region. Razrezugol LLC is carrying out the project. The company plans to carry out mining operations, as well as construct a coal warehouse and inner road network. The enterprise is expected to reach its project…
DetailsDalnevostochnoye PGO, a part of the state geological holding Rosgeologia, will continue prospecting for gold at two promising sites in Amur region in summer and carry out regional research on 4 more sites. The two promising sites are situated on the territory of Selemjinsky and Tyndinsky municipal districts. The geological operations within the Solovievsky gold…
DetailsIn January-March Siberian Coal Energy Company mined 28.6 million tons of coal, up by 1% YoY. Sales in Q1 grew by 10%, to 31.7 million tons, including non-coal goods. Exports reached 14.2 million tons, up by 10%. The main customers were China, South Korea, Japan, Taiwan, the Netherlands, Poland, Spain, Turkey and Germany. Growth of…
DetailsThe Tajik government has reportedly agreed to give Xinjiang Tebian Electric Apparatus Stock Co. Ltd (TBEA) the rights for further mining of deposits if the profit made from two gold deposits doesn’t cover the cost of building the Dushanbe-2 combined heat and power (CHP) plant. TBEA top manager Zhang Xin said that according to data…
DetailsVaninoTransUg, a part of Kolmar, has started constructing a berth under the project to create a coal terminal in the bay of Muchka in the port of Vanino. The project has been carried out since April 2017. All infrastructure has been created. The machinery is being manufactured and has been paid for. It is expected…
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