2 miners have perished at the Yubileynya mine of Sukhaya Balka. The accident happened at 7 a.m. after a night shift at the depth of 1340 meters. The miners died of gas. The bodies are still in the mine. The conditions of the accident are being determined. (Ukrainian metal)
In 2018 Sukhaya Balka increased iron ore output by 8.4% YoY, to 2.725 million tons. In December 2018 the enterprise produced 238 thousand tons of ore. In 2017 the output dropped by 2% YoY, to 2.513 million tons. (Ukrainian metal)
In January-October Sukhaya Balka increased iron ore output by 8.8% YoY, to 2.263 million tons. In October 225 thousand tons of ore were produced. On November 7, 2017 the Sukhaya Balka license to mine ore was prolonged for 20 years. In 2017 the enterprise decreased iron ore output by 2% YoY, to 2.513 million tons.…
In January-July Sukhaya Balka produced 1.564 million tons of iron ore, up by 15.7% YoY. In July output reached 243 thousand tons. The enterprise was prolonged the license to use subsoil for the next 20 years on November 7, 2017. Last year Sukhaya Balka increased iron ore output by 2% YoY, to 2.513 million tons.…
In Q1 DCH Group paid the last $15 million to Evraz from the amount on the deal to buy Sukhaya Balka plus $3 million of dividends. Evraz started the selling procedure in May 2017. The deal had to be closed by the end of the year, but as of December 1, 2017 Evraz had received…
In January-April Sukhaya Balka increased iron ore output by 24.6% YoY, to 836 thousand tons. In particular, in April the mine produced 216 thousand tons of ore. Sukhaya Balka was sold to DCH in May 2017. (Ukrainian metal)
In 2017 Sukhaya Balka increased net income by 28% YoY, to 4.383 billion UAH. Last year the company net loss grew 7.5-fold, to 1.173 billion UAH. Undistributed profit totaled 1.631 billion UAH. In 2017 Sukhaya Balka produced 2.513 million tons of iron ore, down by 2% YoY. Consolidated accounts receivable decreased by 79.7%, to 254.696…
In 2017 Sukhaya Balka received 1.174 billion UAH of losses, up 7.46-fold or by 1 billion UAH YoY. According to the company statement, its assets as of the end of 2017 totaled 2.454 billion UAH, current liabilities – 196.207 million UAH and the consolidated accounts receivable – 254.696 million UAH. On December 28, 2017 the…