Ukraine: UGOK concentrate output up in 2017

In 2017 Yuzhniy Mining and Processing Works produced 12.27 million tons of concentrate, up by 8.8% YoY. According to the company statement, sinter output dropped by 10.8%, to 1.858 million tons. In December 2017 UGOK produced 908.2 thousand tons of concentrate and 133.5 thousand tons of sinter, all down by 12% and 25.3% YoY respectively.…

Ukraine: UGOK appoints board member

The supervisory board of Yuzhniy Mining and Processing Works has appointed Elena Sherstyuk, the ex-financial director of Evraz Sukhaya Balka, a member of the board. The decision was taken on December 15. Sherstyuk has replaced Anna Orlova, who in 2006-2011 was the financial department director at Zapadnosibirsky Iron and Steel Works, in 2011-2014 a member…

Ukraine: UGOK finishes processing factory repairs

Yuzhniy Mining and Processing Works has finished capital repairs of two sections of its ore-processing factory No. 1. According to the company statement, in September the seventh, and in late October the eighth sections of the factory were commissioned. Investments in modernization totaled 400 million UAH. During the repair equipment at all the technological sites…

Ukraine: UGOK concentrate up in October 2017

In October Yuzhniy Mining and Processing Works produced 1.115 million tons of concentrate, up by 7.8% YoY. According to the company statement, sinter output dropped by 26.1%, to 168.3 thousand tons. In January-October UGOK increased concentrate output by 11.1% YoY, to 10.285 million tons, while that of sinter decreased by 10.2%, to 1.56 million tons.…

Ukraine: UGOK output up in September 2017

In September Yuzhniy Mining and Processing Works produced 1.002 million tons of concentrate, up by 0.5% YoY. According to the company statement, sinter output went up by 7.5%, to 182.1 thousand tons. In January-September UGOK increased concentrate output by 11.6% YoY, to 9.17 million tons. At the same time sinter manufacture dropped by 7.8%, to…

Ukraine: Evraz out of UGOK shareholders

Metallotechnika LLC, a part of Evraz, and the owner of 25.7834% of Yuzhniy Mining and Processing Works, has ceased being a shareholder of the company. Metallotechnika has sold all of its shares. As of Q2, the major shareholders of UGOK were Strettonway Traders&Consultants Limited, Acretrend Holdings Limited и Mint Data Holdings Limited (all – Cyprus),…

Ukraine: UGOK concentrate output up in June 2017

In June Yuzhniy Mining and Processing Works produced 997.4 thousand tons of concentrate, up by 12.8% YoY.

According to the company statement, sinter output dropped by 9.3%, to 150.3 thousand tons.

In January-June UGOK increased concentrate production by 12.5% YoY, to 6.082 million tons, sinter output fell by 3.2%, to 893.1 thousand tons. (Ukrainian metal)

Ukraine: UGOK concentrate output up in May 2017

In May Yuzhniy Mining and Processing Works increased concentrate output by 13.7% YoY, to 1044.5 thousand tons. According to the company statement, its sinter output dropped by 25.5% YoY, to 167.2 thousand tons. In January-May UGOK produced 5084.5 thousand tons of concentrate and 742.8 thousand tons of sinter, up by 12.4% and down by 1.9%…

Ukraine: UGOK shares deals prohibited

The National commission on securities and stock market has stopped amendments to the system of depository accounting on securities of 20 issuers.

Among them are the Yuznhiy Mining and Processing Works and Stakhanov Ferroalloy Plant

The companies have not disclosed their annual regulatory information on stock market for the last 2 years. (Ukrainian metal)

Ukraine: UGOK concentrate output up in April 2017

In April Yuzhniy Mining and Processing Works increased concentrate output by 12.6% YoY, to 1.001 million tons. According to the company statement, sinter output decreased by 8.9%, to 124.8 thousand tons. In January-April UGOK produced 4.04 million tons of concentrate and 575.6 thousand tons of sinter, up by 12.1% and by 8.1% YoY respectively. Last…

Ukraine: UGOK output up in Q1 2017

In January-March UGOK produced 3.038 million tons of iron ore concentrate, up by 11.9% YoY.

According to the company statement, iron ore sinter production increased by 14%, to 450.8 thousand tons.

In March UGOK produced 1.05 million tons of concentrate, up by 13.4% YoY, sinter output dropped by 12.9%, to 111.9 thousand tons. (Ukrainian metal)

Ukraine: UGOK output up in February 2017

In February the Yuzhniy Mining and Processing Works produced 941.3 thousand tons of iron ore concentrate and 135 thousand tons of sinter, up by 9.2% and by 13.4% YoY respectively.

In January-February concentrate output at UGOK increased by 11.1% YoY, to 1.989 million tons, of sinter – by 26.9%, to 338.9 thousand tons. (Ukrainian metal)

Ukraine: UGOK January 2017 results

In January Yuzhniy Mining and Processing Works produced 1.047 million tons of iron ore concentrate, up by 12.9% YoY.

According to the company statement, sinter output went up by 37.8% YoY, to 203.9 thousand tons.

In 2016 UGOK produced 11282.3 thousand tons of concentrate and 2085.09 thousand tons of sinter. (Ukrainian metal)

Ukraine: UGOK concentrate output down in 2016

In 2016 Yuzhniy Mining and Processing Works produced 11.282 million tons of concentrate, down by 1% YoY. At the same time, sinter output went up by 29%, to 2.085 million tons. According to the company statement, in December 2016 UGOK increased concentrate output by 13.5% YoY, to 1.032 million tons, that of sinter – by…

Ukraine: UGOK output up in November 2016

In November Yuzhniy Mining and Processing Works produced 997.1 thousand tons of concentrate, up by 12.5% YoY. According to the company statement, sinter output went up by 43.1% YoY, to 169.49 thousand tons. In January-November concentrate output dropped by 2.2% YoY, to 10249.9 thousand tons, while that of sinter increased by 27.8%, to 1906.39 thousand…

Ukraine: UGOK puts excavator into operation following overhaul

Yuzhniy Mining and Processing Works has put into operation its EKG-4.6 excavator after an overhaul estimated at 10 million UAH.

“UGOK carries on its investment program. The capital repairs of the excavator will help us avoid emergency delays and breaks in concentrate deliveries”, Konstantin Fedun, the company CEO noted. (Ukrainian metal)

Ukraine: UGOK concentrate output down in August 2016

In August Yuzhniy Mining and Processing Works produced 890.9 thousand tons of concentrate, down by 13% YoY. Sinter output went up by 27.6%, to 192 thousand tons.

In January-August UGOK produced 7.22 million tons of concentrate, down by 7.1% YoY, and 1.34 million tons of sinter, up by 22.7%. (Ukrainian metal)

Ukraine: UGOK chooses life insurer

Yuzhniy Mining and Processing Works has chosen the insurance company Ingroup to insure the life of its employees. According to the company statement, 437 employees will be insured, with 124 being employees of the automobiles park in Zheltye Vody, 88 – Ingul mine, and 75 – of Smolinskaya and Novokonstantinovskaya mines, as well as the…

Ukraine: UGOK sinter output up in June 2016

In June Yuzhniy Mining and Processing Works produced 884.2 thousand tons of concentrate, down by 10.6% YoY. According to the company statement, sinter output in June went up by 15.4% YoY, to 165.6 thousand tons. In January-June UGOK produced 5406 thousand tons of concentrate and 922 thousand tons of sinter, down by 5.3% and up…