In 2017 the Cabinet of Ministers plans to spend 1.8 billion UAH from the state budget to finance the state sector of the coal industry. “We will have money to restructure mines and support miners. On one hand, we will be restructuring mines, on the other we will be supporting the industry”, said Ukraine’s Prime…
As of September 21, salary debts to the employees of the state coalmining companies have reached 550 million UAH, according to the energy and coal industry minister Igor Nasalik. He added that without 1 billion UAH planned in the state budget for 2017 it would be impossible to stabilize salary payments next year. (Ukrainian metal)
Ukraine has increased its capacities of coal transshipment in ports to 700-720 thousand tons per month. “I am sure, even if we are blackmailed and don’t get coal from the ATO zone, we will cope with this. I have spoken with the ports; we can import 700-720 thousand tons per month. That’s enough to live…
CNBM International Corporation (China) is interested in privatizing the Novovolynskaya No. 10 mine. “I had a meeting with one of the largest Chinese companies, which was very interested in the privatization process of our mines, especially of Novovolynskaya No. 10 mine”, said the energy and coal industry minister Igor Nasalik. “They have some 10 billion…
In January-August Kemerovo region companies mined 148.2 million tons of coal, up by 9% YoY, with 20.6 million tons mined in August, up by 2.6 million tons YoY. Output increase has been observed at SUEK-Kuzbass (by 8.8 million tons) and Kuzbassrazrezugol (by 0.5 million tons). On the other hand, Zarechnaya, Yuzhny Kuzbass and Raspadskaya Coal…
Alexander Vladychenko has won the competition for the office of the Ministry of energy and coal industry coal department director. Previously he worked as the general director and the chairman of the supervisory board of Belozerskaya mine, deputy director and chairman of Mine Group Donbass as well as the executive director of Ukrexpert. (Ukrainian metal)
According to the Independent miners union of Ukraine, the state owes 890 million UAH to miners, or $33.4 million. Earlier the minister of energy and coal industry Igor Nasalik claimed the debt was 355 million UAH ($13.3 million). “This is not true, as some state-run coal companies still have December 2015 salary debts. According to…
The Ministry of energy and coal industry has developed a program that presupposes the reforming of the state coal industry until 2020 valued at 25.28 billion UAH. Of this sum 10.57 billion UAH will be provided from the state budget. Direct investments to cover differences between the prime cost of coal and sale price at…
