Ukraine: only 4 state mines profitable

Out of 33 state mines, situated on the Ukraine-controlled territory, only 4 are profitable. On the whole Ukraine has 102 state mines, but most of them are situated on the uncontrolled territory. In January-May state coalmining decreased by 3.6% YoY, while coal cost grew by 30.5%. On July 9 Novovolynskaya mine No. 9 stopped operating…

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Russia: Hiagda uranium output up in H1 2018

In January-June Hiagda overfulfilled its uranium-mining plan by 5%.

At the same time, thanks to the measures to improve manufacturing efficiency the company was able to decrease prime cost of the products by 8%.

This year the company intends to construct a high-voltage line and a road to the Kolichikanskoye deposits. (Ukrainian metal)

Russia: KSGOK output up in H1 2018

In January-June Kimkano-Sutarsky Mining and Processing Works LLC produced 1.059 million tons of iron ore concentrate, up more than 2-fold YoY.

In Q2 concentrate output grew by 53%, to 580.9 thousand tons.

Sales have also increased 2-fold, to 10.46 million tons.

All the iron ore concentrate is exported to China. (Ukrainian metal)

Russia: UGMK-Stal gets new raw materials base

UGMK-Stal has received another asset – the mining enterprise Boguslavskoye Mine Group. The enterprise mines iron ores and processes iron ore concentrates, as well as produces construction crushed stone. The enterprise possesses the Severopeschanskaya mine, a crushing factory and a number of auxiliary departments. Its annual output is 2.4 million tons of ore and 1.2…

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Ukraine: acting chairman of Dneprospetsstal office prolonged

The supervisory board of Dneprospetsstal has once again prolonged the authorities of the acting chairman of the board Vitaly Kornievsky for 3 months. On April 23, 2009 the supervisory board relieved Daniel Valk of his duties, having appointed the ex-CEO of Dneprovsky Iron and Steel Works named after Petrovsky, Vitaly Kornievsky instead. His office has…

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Russia: NLMK to raise steel production in Q3 2018

Russian steelmaker Novolipetsk Steel (NLMK) plans to raise production in July-September as compared with April-June, the company said in a presentation. Operating results of Russian facilities of NLMK are traditionally strong in July-September, which should improve financial results of the company, NLMK said. The company’s steel production rose by 1% QoQ, to 4.381 million tons…

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Ukraine: Lvivugol commissions new long face

Velikomostovskaya mine of the state enterprise Lvivugol has put a new long face No. 114 into operation.

The face reserves are estimated at 162 thousand tons of coal.

The length of the long face will be 80-120 meters.

It was expected to mine 3750 tons of coal in late July there. (Ukrainian metal)

Ukraine: DTEK coal output down in H1 2018

In January-June DTEK Energo mined 11.4 million tons of coal, down by 15% YoY.

Coal processing reached 8086.3 thousand tons.

Concentrate output totaled 4897.8 thousand tons. (Ukrainian metal)

Russia: Russky Ugol coal sales up in H1 2018

In January-June Russky Ugol increased sales of Krasnoyarsk power-generating coal by 14% YoY, at the same time Amur coal sales grew by 5%.

In particular, in 6 months the company shipped over 1.6 million tons of coal from Amur deposits and some 500 thousand tons of coal from Sayano-Partizansky pit in Krasnoyarsk region. (Ukrainian metal)