Wednesday, December 25, 2013

POWER KRIVOY ROG ALLOWED TO DEVELOP MINE `` PERVOMAJJSKAJA

POWER Krivoy Rog allowed to develop MINE `` PERVOMAJjSKAJa

Relevant documents mayor Yuri Krivoy Rog Lyubonenko conveyed to the Board of JSC Ilyich Iron and Steel Works named. Lenin #39;, people#39;s deputy Volodymyr Boyko in the course of Wednesday visiting session of the Parliamentary Committee on Industrial Policy and Entrepreneurship. Boyko expressed the hope that the State Property Fund and the government will realize that we are working normally, and allow us to exploit the mine.


Illichyvets already working in Krivoy Rog [on issues related to the mine], - said the Chairman of the Board. According to the results of the meeting of the Parliamentary Committee on Industrial Policy and Entrepreneurship recommended Ministry of Industrial Policy to develop a mechanism to attract potential investors for the expansion of industrial production of iron ore and the creation of new jobs. Currently in Krivoy Rog, there are three previously decommissioned mine. On receipt of a license to develop the mine, May Day pretend Northern Mining, Poltava GOK and Mariupol.


Lenin. SevGOK Management considers it logical to transfer the mine because of the proximity of the mine and mill, as well as referring to the findings of international experts of SRK Consulting. SevGOK It appealed to the Government, the Ministry of Industrial Policy and the State Property Fund with a request to consider the interest of the plant in redemption or rent a whole property complex of mine May Day. Mine May Day was suspended in 1997 due to lack of funds to upgrade the equipment and the development of new horizons.


Currently integral property complex of mine May Day is part of the Krivbassgidrozaschity . Mine May Day is located near the northern edge of the Pershamaiski career on the same field. SevGOK produces a concentrate and pellets for steel production, the company controls the System Capital Management.