Ukraine: western mines interesting for investors
The Ministry for energy and coal industry together with the State Property Fund are working on the matter of mines privatization.
The Ministry for energy and coal industry together with the State Property Fund are working on the matter of mines privatization.
Salary debts to state miners now total 1 billion UAH.
Ukrainian government says it plans to start buying coal from the South African Republic and Kazakhstan again, to live through the next heating season.
According to the ex-head of the Donetsk Regional State Administration Sergey Taruta, flooded mines of Gorlovka and Artemovsk are beyond repair.
In January-May Ukrainian companies mined 15958.4 thousand tons of ordinary coal, down by 53.7%, or by 18482.3 thousand tons YoY.
In January-April Ukrainian coal mining companies mined 12718.9 thousand tons of ordinary coal, down 2.2 times, or by 15.14 million tons, YoY.
In March Ukraine (not counting the temporarily occupied territories of Crimea and Sevastopol) mined 2 million tons of coal, down by 61.1% YoY.
In January-March Ukraine imported $405.23 million worth of coal and anthracite.