World central banks in January, according to preliminary estimates of the World Gold Council (WGC), purchased in gold and foreign exchange reserves of 39 tons of gold.
This is more than double the specified volumes of December (16.9 tons) and makes January the eighth consecutive month of growth, notes WGC analyst Krishan Gopaul in his review.
The largest buyers in January were again Turkey (11.8 tons) and China (10 tons). Also bought gold in reserves India (8.7 tons), Kazakhstan (6.2 tons), Jordan (3.1 tons), Czech Republic (1.7 tons) and others.
Significant sales were reported only by the Central Bank of Russia (3.1 tons, according to WGC). This repeats a trend since 2021, Gopaul notes: a decline in stocks of about 3 tons followed by replenishment. “We believe this activity is related to the country’s coinage program,” he explains.
Changes in revenue of the consolidated budget in 2021-2023 (%)
Source: Open4Business.com.ua and experts.news
The area of the deposit is 54.9 hectares. The area of the leased territory is 88.09 hectares (7 plots). The mining allotment for the extraction of block stone is 15.92 hectares, and for the extraction of stone for crushed stone – 33.28 hectares. The land lease agreements are valid until 2036.
Special mining permit until 2036. The permit includes two separate areas: for the extraction of block stone (Cardinal Grey) and rubble stone for the production of crushed stone.
The balance sheet reserves for 2024 amount to 15.762 million m3, including 3.176 million m3 for blocks (categories A + B) and 12.586 million m3 for crushed stone (categories A + B + C1).
In addition, in the C1 category, the conditional balance reserves for the block section are +2.69 million m3, and for the crushed stone section – +1.074 million m3.
Product characteristics: fraction nomenclature according to certificates: 0-5, 5-10, 10-20, 5-20, 20-40, 40-70, mixtures of C-11, C-7, C-5. Compressive strength grade M1200, density 2.7 t/m.cubic meter, radioactivity class one, abrasion grade St.1, impact resistance grade U-75, serial friability g/p = 15%. An operating laboratory with equipment.
Number of personnel: 24 people (technical staff – 8 people, other staff – 16 people). Work in 1 shift.
Production capacity of the crushed stone production line = 1,100,000 tons per hour. 4 crushing stages:
1. Receiving hopper (60 cubic meters) with a plate feeder and a jaw crusher SMD-111;
2. Medium crushing cone crusher Metso GP300s + Gyratory CVB 2060 (3 decks);
3. Mobile complex with cone crusher Sandvik СH-440 + Gurkrit (2 decks) + Gurkrit (3 decks);
4. An independent line with a Metso HP-100 cone crusher + Rumbling (3 decks).
The crushing and screening line is fully equipped with machinery: two loaders (CAT, VOLVO), an excavator (Liebherr), two BelAZ trucks (45 tons), two BelAZ trucks (30 tons), two KrAZ trucks, three cranes (two KS and RDC cranes), a fuel truck, etc. There is also a tank with a 10 cubic meter license and a garage with repair bays, three Skoda cars.
In addition to the crushing and sorting line, the quarry has a complex of workshops for sawing and polishing slabs from the block quarry, all equipped with crane beams, overhead cranes and hoists.
Also on the territory are the following buildings: operator’s room, utility room, administrative building, checkpoint, warehouse, lathe shop, compressor room, pump room, and garage. The area of all buildings is more than 4000 square meters.
There is a railway loading branch equipped with a ramp with two receiving hoppers and a conveyor loading system for 10-20 receiving cars.
More detailed information is available upon request
Price: USD 3 250 000
Ukraine is ready to extend the transit of Russian gas through its gas transportation system (GTS) at the initiative of the European Union countries, but will not extend the current contract or sign a new one with Gazprom, Prime Minister Denis Shmygal said at a press conference in Kiev on Monday.
“We are certainly not going to negotiate with the aggressor country to extend (the transit contract) and put our signatures under the agreement, but we have had repeated talks with European leaders on the basis of the European Commission. If European countries will act as a consortium or one of the European partners will act as a transit company for its own gas, we are ready to provide such a service. Here the initiative is on the side of the EU and our European partners,” he said.
“Group, association, consortium… It could be the EC, a group of European countries that are interested in preserving transit,” Shmygal specified.
At the same time, according to the Prime Minister, the GTS of Ukraine is ready to function without the transit of Russian natural gas.
As reported, the transit of Russian natural gas through the gas transportation system (GTS) of Ukraine in 2023 decreased by 28.4% (by 5 billion 812.6 million cubic meters) compared to 2022 – to 14 billion 646.6 million cubic meters.
The contract between Naftohaz Ukrainy and Gazprom for the organization of transportation, the transportation agreement between NAK and OGTSU, as well as the inter-operator agreement between OGTSU and Gazprom were signed on December 30, 2019. The contract provides for transit of 40 billion cubic meters of gas per year in 2021-2024.
Key indicators of state budget (monthly), UAH billion
Source: Open4Business.com.ua and experts.news
The Union of Ukrainian Entrepreneurs (SUP), the Polish Confederation of Leviatan (KL), and the Polish-Ukrainian Chamber of Commerce (PUIG) welcome the efforts of the Polish and Ukrainian governments to unblock the border crossings between the two countries and look forward to its real results. This should be accompanied by the development, in cooperation with the European Union, of a viable program to address the key economic causes that lead to such terrible events. Despite the differences in views and challenges in our cooperation, the current problems of any economic or social group cannot be solved by blocking borders and key transportation routes.
Therefore, it is in the best strategic and security interests of both countries and the entire European community to stop further destruction of our common political, economic and social relations, which have been elevated to a historically high level over the past two years following Russia’s full-scale invasion of Ukraine two years ago. In fact, Russia – the aggressor country – is the only party that benefits from this development.
As representatives of the business communities of both countries, we would like to emphasize the economic consequences of the border crisis, including
– direct losses in trade, which has been growing very rapidly over the past two years, with benefits for all partners and a positive balance for the Polish side;
– the rapidly growing loss of trust in mutual economic relations, which is already leading to refusal to participate in new or even open violation of long-term contracts between our companies that already exist;
– the gradual deterioration of the business climate, which raises questions about the future of a mutually beneficial partnership in the reconstruction of Ukraine, including possible Polish investments;
– undermining Ukraine’s efforts to successfully negotiate its rapid accession to the European Union.
Allowing the current events on the Polish-Ukrainian border to get out of hand risks exacerbating the problems and spreading them to other areas, then gradually eroding the trust in the mutual relations gained over the past two years, and ultimately jeopardizing the chances for a prosperous future relationship between our countries. We have no doubt that the present and future generations of Polish and Ukrainian entrepreneurs, as well as the vast majority of our societies, would never forgive us for this serious mistake!
Leviatan Confederation, Polish-Ukrainian Chamber of Commerce, UKRAINIAN ENTREPRENEURS
