Ukraine Mining News

Ukrainian government relocates Black Iron's processing plant and tailings facility

The parcel of land proposed by state officials in September 2018 was deemed unsuitable from a social and environmental standpoint.

Ukraine's Jan-Feb steel output falls 0.6 pct — union

Data from the union showed pig iron output fell by 7%

Black Iron's shares skyrocket after inking MOU with Glencore on Ukraine iron ore project

The companies envision an investment from Glencore that will help fund construction in exchange for offtake of production of four million tonnes of iron ore a year.

EU extends duties on steel pipes from Russia, Ukraine

The European Commission has extended duties on imported steel and iron pipes and tubes from Russia and Ukraine for another five years.

Black Iron ranked by CRU as the lowest cost pellet feed iron ore development project

CRU’s independent study shows that Black Iron’s projected operating and construction capital costs position the company well in the global iron ore market.

Ukraine's steel output down 13 pct so far in 2017

Ukraine's steel production in eleven months to end-November fell 13 pct year-on-year to 19.4 million tonnes, Ukrainian steel producers' union said Friday.

Glencore gains approval to buy into Rusal's Ukrainian alumina plant

As a result of the permits, Glencore can acquire shares in companies Aluminium of Ukraine and Guardon Ukraine.

Ukraine says no to Russian coal, gas – favours nuclear power

In spite of a blockade on shipments of anthracite coal from occupied Donbas to Ukrainian thermal power plants (TPPs) since this past winter, the country has thus far avoided blackouts.

Australia to feed Ukraine nuclear power plants

The deal will see Canberra supplying the necessary uranium to feed the European country’s nuclear power plants.

Ukraine could run out of coal this winter

Ukraine is facing a potential shortage of coal supplies just as it finds itself in the icy grip of winter.

Markets climb as world faces crisis

On August 28th while the geographical area formerly known as Iraq descended further into chaos, President Obama announced to the world "We don't have a strategy, yet."

Despite growing risks it's still Janet Yellen's market

The current stock market is earning a deserved reputation as being coated in Teflon. Bad or disappointing news just doesn't appear to stick, and has done nothing to slow the market's upward trajectory.

Gold up on Ukraine tensions, but gains pared

U.S. data showed stronger-than-expected Q2 growth.

Ukraine's next crisis? Economic disaster

Conflict forcing coal mines to cut output, close.

Who needs Russia? Ukraine will destroy itself with new gas tax

Tax promises to cripple new energy sector investment.

Gold price rallies on Iraq, Ukraine

Near one-month high on chaos in Iraq, threats of Russian invasion of Ukraine and a sharp pullback in equities.

Gold flat amid conflicting developments

Host of competing factors trap precious metal.

Gold rises on Ukraine, Gaza tensions

Emerging markets may give support going forward.

Gold spikes as airliner shot down in Ukraine

Event increases global tensions and demand for safe-haven metal.

Gold set for 2nd quarterly gain amid global tensions

U.S. data, ECB meeting also in spotlight.

Russia cuts gas supply to Ukraine as talks fail

After months of debate the outcome is that supplies have been “reduced to zero.” The news failed to lift demand for coal.

Is Western Europe going to rethink nuclear after Ukrainian crisis?

At the end of 2013, I was very bullish on uranium as I believed the end of the 20 year Russian Nuclear Agreement would spark a rally as utilities would have to buy in the spot market.

Pro-Russia rebels seize coal mines in Ukraine, demand explosives

Separatists seized Thursday four Ukrainian coal mines in the east of the conflict-torn country.

Geopolitical tensions particularly in Ukraine continue to dominate the gold market

Despite a mainly negative sentiment towards gold from investors as evidenced in the continued liquidation in gold-backed exchange-traded funds amid signs of an improving U.S. economy, the crisis in Ukraine has prompted in recent safe-haven buying which helped boost the price of gold to three-week highs above $1,300 an ounce.

Commodities Moving Down into the Midyear Correction

So far my 2014 expectations are playing out pretty much as planned, with a few adjustments. With the threat of war in the Ukraine I think the final bubble phase in stocks is now off the table.