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…