Tag Archives: Lermontovsky GOK

Russia: Lermontovsky GOK salary debts cleared

Lermontovsky Mining and Processing Works has cleared salary debts to its employees, the Federal Union of Primorye krai reports. But the company is still idle. The situation was discussed at the meeting of the tripartite commission on March 30. The works was expecting 250 million rubles promised by the governor to resume operation. Lermontovsky GOK…

Russia: Lermontovsky GOK gets no promised subsidies

The authorities of the Primorsky region decided to give 250 million rubles to resume operation of the Lermontovsky Mining and Processing Works, but the order of the subsidies provision has not been settled yet. “The draft document has been developed, but not adopted. It contains some impossible conditions. For example, it states that the companies…