This year, Sukha Balka has extracted 931 thousand tons of iron ore. “The full-scale war is raging in Ukraine for the second year and we have to cope with the war time challenges. Around 1 thousand of our employees are in the army now. But despite many crises DMZ and Sukha Balka continue operating,” DCH…
In 2022, Sukha Balka decreased net profit 2.7-fold YoY, to 487.878 million UAH. At the annual shareholders meeting scheduled for December 22 to be held remotely, the shareholders will approve all reports and decide on spending the net profit. They will also have to decide on the liquidation of the revision commission, make amendments to…
In 2022, Sukha Balka received 487.88 million UAH of net profit, down 2.7-fold YoY. At the remote shareholders meeting scheduled for December 22 the enterprise intends to spend the last year profit to finance working capital. The shareholders will also decide on the dissolution of the revision committee as a management body, make changes to…
In September, Sukha Balka commissioned a new manufacturing capacity in the Mine named after Frunze. The block is situated at the depth of 1200 meters. Iron ore reserves amount to 45 thousand tons with high iron content (62.9%). The work was performed by the miners of the site No. 21. Mining will be carried out…
Sukha Balka has commissioned a new block at the Yuvileyna mine. The volume of the block is 73 thousand tons. The new block is situated at the depth of 1420 meters in unstable rock. This required special anchoring. Operation of the mine was resumed in April, when the lack of experienced personnel was overcome. (Ukrainian…
Sukha Balka has commissioned a new production unit at the Yubileyna mine. The new block 122-128 is situated at the depth of 1420 meters. The block reserves amount to 166 thousand tons. Average iron content totals 58.88%. The block will be in development until the end of the year. (Ukrainian metal)
In April-June, Sukha Balka increased iron ore output by 42% QoQ, to 260 thousand tons, and raw ore by 32%, to 300 thousand tons. Rock excavation went up by 51%. The increase was due to the growth of working hours. While at the beginning of the year the company operated with a decreased working hours,…
The shareholders of Sukha Balka have approved paying dividends of more than 1 billion UAH from the undistributed profit for 2008, 2010 and 2011. The decision was taken at the extraordinary meeting of shareholders held on July 10. In particular, to pay dividends the enterprise will spend a part of its net profit received in…
