Ukraine: state mine on strike

Employees of the state Novovolynskaya-10 mine refused to return to the surface as a sign of protest against the non-payment of wages. “The miners of the first shift remained underground. Later their colleagues of the second shift joined them. All in all there are 47 people underground now”, Mikhail Volynets, chairman of the Independent Miners…

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Ukraine: motorman dies at DTEK mine

A motorman died at the Novodonetskaya mine in the city of Belozerskoye of Donetsk region. According to the chairman of the Independent Miners Union of Ukraine Mikhail Volynets, the man suffered an electric shock. “July has begun with the fatal accident. On July 1 the motorman at the DTEK Novodonetskaya mine died,” he commented. (Ukrainian…

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Russia: copper exports growing

In January-April Russia exported 281.9 thousand tons of copper valued at $1922 million, up by 16.9% and by 43.1% YoY respectively.

Primary copper accounts for 80% of deliveries.

In April the average price was $6766 per ton, up by 24% YoY.

Copper wire rod price was $6558 per ton, up by 21.6%. (Ukrainian metal)

Kazakhstan: gold output to increase

In 10 year Kazakhstan has invested 1.4 trillion tenge in the development of gold deposits. According to the Committee on geology and subsoil use, the state balance of natural resources has 343 gold deposits. The country occupies the 14th place in the world on confirmed and industrial reserves of gold. Last year Kazakhstan produced 85…

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