Miners in the western Georgian mining town of Tkibuli have stopped their protest as they have been promised to be paid their salaries, Georgian Minister of Economy Natia Turnava said after meeting with Saknakhshiri, a daughter company of Georgian Industrial Group (GIG) and miners. The company has a new Georgian investor, Steel Investment Trades Company,…
In January-June over 430 employees resigned from Centrougol coal enterprise, which included 5 mines. The enterprise is managed by authorities of the Lugansk People’s Republic, the terrorist organization created and supported by Russia. The reason of the employee flow is the chronic wage debts. So far the debts reach 1.5 million rubles. (Ukrainian metal)
The license to develop the Turuk coal deposit has been sold to a company created a month ago. The auction was held on September 5. With the initial price of $3.262 thousand, the winner offered $205 thousand. 4 companies participated in the auction, with the winning bid submitted by Yrys Ken LLC. Coal reserves are…
Russia’s income from coal exports in January-July grew by 9.2% YoY, to $9.798 billion. In January-July 2018 exports revenue was $8.977 billion. Volume-wise the exports increased by 9.1%, to 118.374 million tons. In 2018 coal export revenue went up by 25.9% YoY, to $17.031 billion. Volume-wise exports grew by 10%, to 199.472 million tons. (Ukrainian…
In January-August Ukraine mined 20.293 million tons of coal, down by 8% YoY. In particular, extraction of coking coal dropped by 3.2%, to 3.939 million tons, and power-generating coal – by 9.1%, to 16.353 million tons. In August coal output decreased by 17.2%, to 2.422 million tons. Enterprises subordinate to the Ministry of Energy and…
Coal industry of Kazakhstan is sustaining losses after Russia imposed limitations on the export of coal to Ukraine. According to the Association of mining and metallurgical enterprises, in June-September coalmining companies intended to ship 584.12 thousand tons of coal to Ukraine via Russia, but the Russian Ministry of Economic Development approved only 233.5 thousand tons.…
In January-July the Republic of Buryatia extracted 4.456 million tons of coal, up by 29% YoY. Razrez Tugnuisky contributed the most coal – 2.836 million tons, up by 58%. This year the republic intends to extract 6.2 million tons of coal. (Ukrainian metal)
In January-August Ukraine imported 12.98 million tons of coal, down by 8.3% YoY, valued at $1.83 billion, down by 7.5%. According to the State Fiscal Service, Russia supplied $1.09 billion worth of coal (or 59.81%), USA – $596.65 million (32.63%), Kazakhstan – $85.54 million (4.68%) and other countries – $52.64 million (2.88%). At the same…