While many emerging markets are teetering right now, noted economist Nouriel Roubini says chance of a fully-fledged crisis is low.
Ukraine has two major shale gas production deals with Chevron and Shell.
Backing from Ukraine's largest mining and steel producer.
Country estimates it has more than 900 tonnes of gold resources.
Ukraine wants to diversify
Initial results set for release
Black Iron reported drill results at Shymanivske iron ore project in Ukraine, infill drilling and the intersection of thick iron bands in each hole with grades greater than 30% iron.
The Company is focused on the Donbass coal basin of Ukraine which has large coal reserves and excellent prospects.
Kyiv Post reports an award-winning film scheduled to appear last month at an international documentary festival has been banned.
Ukraine's government won a court hearing as it seeks to regain control over the Zaporizhskyi aluminum smelter from Russian billionaire Oleg Deripaska's United Co. Rusal. The Kiev Commercial Court ruled to overturn a sale agreement and return a 68.01…
The Ukrainian parliament has forecast 3.8% growth in domestic pig iron production in 2012 compared to the expected results for 2011, increasing to 30 million tonnes. Production of steel is predicted to increase by 3.4%YoY in 2012 to 36 million tonnes….
Former Soviet republic of Ukraine is considering to mint more gold and silver coins and made it available for general public. According to Ukraine’s National Bank, launching of investment coins made of gold and silver will allow people looking for an…
It's not often that a junior mining company has star power in its corner.
Black Iron (TSE:BKI) was busy fielding media calls Monday when the Toronto-based company announced it has retained celebrated CNN talk show host Larry King to help raise the profile of the company.
Black Iron owns the Shymanivske project in Ukraine, an NI 43-101 compliant resource with 345 Mt measured and indicated resources grading 32% iron and 469 Mt of inferred resources grading 31% iron.
The project is surrounded by five other operating mines including ArcelorMittal's iron ore complex.
EastCoal has signed a letter of intent with Aponet Enterprises under which it has acquired the right to purchase a 100% interest in the Menzhinsky coking coal mine in the Donbass district of Ukraine.
Ukraine-based Velta LLC has placed an order with Multotec for the supply of NHM and SC20 spiral concentrators to process minerals from an operation in the Birzulovo ilmenite deposit in South Ukraine. Delivery is scheduled for the end of October 2011 and Multotec engineers, together with representatives from Multotec's local distributor, DIN, will be deployed [...]
Ukraine-based Velta LLC has placed an order with Multotec for the supply of NHM and SC20 spiral concentrators to process minerals from an opencast operation in the Birzulovo ilmenite deposit in South Ukraine. Delivery is scheduled for the end of October
ValGold Resources Ltd. (TSX VENTURE:VAL)(FRANKFURT:VR2) ("ValGold") is pleased to announce that it has negotiated an agreement to acquire a 75% interest in a private Ukrainian company, Klinservis – Center Ltd., which is to hold a 25 year mining licence over the past producing Muzhievo gold-silver mine and the surrounding mineral fields of the Beregovo Mining District in western Ukraine ("the MBK Project").
Ukraine always has been and always will be a reliable partner for transit of energy to Europe, stated the Ukrainian Minister of Energy and Coal Industry Yuriy Boyko during his meeting with the representatives of the foreign diplomatic corps in Ukraine.
"Ukraine has demonstrated its commitment to integration with the European Union in the energy sector by becoming a full member of the Energy Community and carrying out comprehensive work to bring its energy sector in accordance with European requirements," stressed the Ukrainian energy minister.
Black Iron (TSE:BKI) is an emerging Canadian iron ore exploration and development company advancing its 100% owned Shymanivske Project in KrivoyRog, Ukraine. While the company’s core focus is currently with Shymanivske, it also holds permits to a 3.36
The inspectors who control observance of legislation in the coal industry over the next month will perform their duties in a special mode. This was announced the Head of the State Service of Mining Supervision and Industrial Safety Alexander Hohotva
This year Ukraine will start its own large-scale gold mining, according to the representative of the State Service of Geology and Mineral Resources of Ukraine Eduard Stavyts'kyi. The ministry official confirmed that Ukraine's gold resources have been estimated at 2,500-3,000 tons.
The State Service of Geology and Mineral Resources of Ukraine explain the decision to begin mining Ukraine's gold deposits by the radical growth of the world price of gold.
Two separate accidents at mines in Ukraine have claimed the lives of 37 miners, Reuters reported Sunday:
Rescue work ended on Sunday at two Ukrainian coal mines where accidents killed 37, and the former Soviet republic held a national day of mourning.
An explosion in a mine in the Luhansk region early on Friday killed at least 26 people and injured two, according to an updated report on the Emergencies Ministry website.
Also early on Friday, 11 miners died and four were injured at a state-owned mine in the neighbouring Donetsk region when a piece of heavy machinery collapsed.
President Viktor Yanukovich ordered a national day of mourning on Sunday as the number of dead in two separate accidents in Ukrainian coal mines rose to 27
Sixteen miners died and another 10 were missing after a nighttime explosion in a coal mine in the Lugansk region in eastern Ukraine, the emergencies ministry said on Friday.
As a result of the early Friday accident, two more workers received burn injuries and were hospitalized, the ministry said in a statement.
Metinvest (“the Group”), a vertically integrated metals and mining group of companies, today announced plans to increase its in-house production of coking coal, following the commissioning of Affinity Mine, owned by its subsidiary United Coal Company.
Brokers Collins Stewart and Evolution Securities were upbeat about iron ore producer Ferrexpo (LON:FXPO), which released production figures today.
The firm reported numbers for the second quarter of 2011 revealing that pellet production from its own ore had increased 6.9 percent compared to Q1.
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