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Ukraine: Volnogorsk Works orders 144 million UAH worth of electricity

Volnogorsk Mining and Metallurgical Works has ordered Energy Trade Group LLC the delivery of electrical energy valued at 144 million UAH. In October-December the company has to supply 72 million kW-h of electricity at 2 UAH per kW-h. This is slightly below the August-September price of 2.07 UAH per kW-h. At the same time in…


Russia: Sberbank Leasing to finance Nordgold

Sberbank Leasing will lease special machinery to the international gold-extracting company Nordgold. Under the agreements, the company will finance the purchase of HD 785-7 quarry dump trucks and Komatsu PC2000BH-8 excavators. The machines will be supplied by Sumitek International LLC. The special machinery is needed to develop the Gross mine, the main Nordgold asset in…