This year Central Mining and Processing Works has purchased 5 BelAZ sprinkling machines. They are now used to suppress dust at the quarries and in the slurry shop, while in winter they will be sprinkling roads with salt solution. Three new BelAZs with 32-cubic meter tanks can cover the area of 25 meters each. There…
Central Mining and Processing Works has purchased two new 130-ton quarry dump trucks. The machines can operate at the temperature from minus 50 degrees C to plus 50 C. The power of their diesel engines is 1600 hp, and the volume is 50 liters. (Ukrainian metal)
Central Mining and Processing Works together with the Krivoy Rog botanic garden is taking measures to reclaim spoil heaps. CGOK is planting cane at the tail dumps to prevent dust spreading. So far, the size of the plantings has reached 100 ha. This year it will grow by 50 ha more. In 2018 CGOK decreased…
In 2018 the Central Mining and Processing Works received 2.254 billion UAH of net profit, down by 16.8% YoY. Net income grew by 5.7%, to 11.338 billion UAH. Undistributed profit as of late 2018 totaled 5.788 billion UAH. EBITDA decreased by 22.3%, to 2.568 billion UAH. (Ukrainian metal)
Metinvest has gathered all the 100% of Central Mining and Processing Works shares. As of December 31, 2018 Metinvest B. V. share in the statutory capital of CGOK grew from 49.751% to 50%, and taking into account the share of Metinvest Management B. V. (50%), the group consolidated 100%. Metinvest B. V. purchased shares on…
DTEK Esko has carried out two energy-servicing projects at the Central Mining and Processing Works of Metinvest. According to the company statement, the modernization of 19 pumps will allow the works annually saving some 2.3 million kW-h of electricity valued at over 4 million UAH. This is provided for by 10 frequency converters and 7…
In a year energy efficient frequency converters have allowed the Central Mining and Processing Works to save 52% of electric energy during the pumps operation. The machinery was assembled within the energy-servicing project with DTEK ESKO. In March 2017 DTEK ESKO financed and assembled 12 ABB frequency converters to automatically regulate the operation of electric…
The Central Mining and Processing Works has finished the project to modernize the mining machinery lighting system at the Gleevatsky, Petrovsky and Artemovsky quarries. Investments totaled 2.8 million UAH. Excavators and drilling mills have been equipped with 250 energy-saving LED-lamps. The equipment has been specifically prepared for the mining operations: they are impact-resistant, vibration-resistant and…
