Russia: investigators search office of Kuzbassrazrezugol

Russian investigators are searching the office of coal producer Kuzbassrazrezugol, but the search is unrelated to the company’s operations, spokeswoman for parent holding Ural Mining Metallurgical Company (UMMC) Nina Pelevina reported. “Document withdrawal by officials of the Investigative Committee in the framework of an investigation of a criminal case directly unrelated to the producing activities…

Ukraine: state mines to be checked

Prime Minister Vladimir Groysman intends to initiate inspection of state coalmines. According to him, state mines are now subsidized from the budget because of the difference in price of coal mining and its sales. This year the budget envisions 900 million UAH for state mines, but these funds have already been spent. “We understand that…

Ukraine: ex-official buys 2 old mines in Russia

E.Connect assets, one of the co-owners of which is the Ukrainian ex-official Vladimir Zinevich, has purchased 2 mines in Gukovo (Rostov region, Russia) – Zamchalovskaya and Rostovskaya. The reserves of the Zamchalovskaya mine are 27.45 million tons of anthracite. The capacity of the mine is 1 million tons per year. The reserves of the Rostovskaya…