Russia: new deposit auction in the Urals

The state agency on subsoil use has announced an auction for the tungsten-iron-copper ore deposit in Sverdlovsk region. The initial price is 2.137 billion rubles. The territory includes the Volkovskoye deposit. The B and C1 ore reserves are estimated at 115.9018 million tons and C2 – 9.859 million tons. The license will be valid for…

Ukraine: state mines merging inefficient

The minister of energy and environment protection Alexei Orzhel believes it is inefficient to unite state coal assets into one holding. “We have not supported the creation of the National Coal Company. When we unite something profitable with something profitless, it becomes less efficient, and it is difficult to decide what to build, modernize or…

Georgia: one dies in mining accident

A mineworker has died in the western Georgian region of Chiatura. The tragic accident happened at the Darkveti mine at around 10 pm, claiming the life of Gaga Botchorishvili, 26. The Interior Ministry has launched an investigation to reveal the exact reason behind his death. In its recent report “No Year without Deaths’: A Decade…

Ukraine: Lugansk miners to march to Kyiv

Lugansk region miners have announced a strike and refuse to go underground until their salary debts are cleared. On October 8 employees of the Novodruzhevskaya mine, a part of Lisichanskugol, stopped extracting coal. The salary debt to them amounts to 120 million UAH. The employees of the nearby mine named after Kapustin have warned the…