Rosgeologia and the Managing Company UGK LLC have signed an agreement on cooperation in subsoil use. The document presupposes creation of joint ventures to carry out investment projects on prospecting, estimating and developing deposits in Russia and abroad. Moreover, the companies plan to cooperate in further prospecting of unused deposits in order to put them…
“Despite the president’s fight against corruption, raiders continue to act in the mining sector,” said Esenzhan Musurmankulov, Director of the Kyrgyz branch of Golden & Silver. According to him, group of companies S.H.G Golden & Silver Ltd bought shares of Ak-Tuz OJSC from the State Property Management Fund in 1998. The company invested in geological…
One person has been killed at the Skochinsky mine in the occupied city of Donetsk on September 4. “At about 09:30 a blast occurred on the territory of the Skochinsky mine. The explosion occurred on the surface – in the wasteland not involved in production. One person who was an employee of the mine was…
“The safety of workers in Georgia’s mines is at serious risk,” reads the beginning of the first paragraph of the Human Rights Watch research “No Year without Deaths: A Decade of Deregulation Puts Georgian Miners at Risk”. The 60-page research says that the risk is caused by “insufficient government regulation and resulting mining practices that…
The salary debts to state miners will have been cleared by the Independence Day. According to the deputy minister of energy and coal industry Anatoliy Korzun, it is expected that until the end of the week over 500 million UAH will be transferred to state mines. Of them 250 million UAH will be provided by…
Cabinet of Ministers has made amendments to the order of using state budget funds for the restructure of coal industry to clear salary debts to miners. The amendments provide for transferring 100 million UAH to pay salary to state miners. 100 million UAH more will be spent to pay for electricity at mines. And 150…
Industrial output in January-July in Kazakhstan grew by 2.7% YoY. Non-ferrous ores mining increased by 17.2% and iron ore by 1.5%. Coal exports went up by 1.9%, to 15.8 million tons. Non-ferrous metallurgy saw an 8.1% growth in output and ferrous metallurgy – 94%. (Ukrainian metal)
Activity of Zhong Ji Mining Company was suspended at Solton-Sary field in Naryn region, the Information Support Department of the Government’s Office reported. However, the day before, the Prime Minister of Kyrgyzstan said “incidents between local residents and foreign workers should not cause suspension or stop of company’s activity”. The decision was made on the…
