Business news from Ukraine

Business news from Ukraine

Sukha Balka mine starts mining high-grade ore in new block

15 July , 2023  

Sukha Balka mine (Kryvyi Rih, Dnipro region), part of Aleksandr Yaroslavsky’s DCH Group, has started mining block 116-122 at the Yubileynaya mine at the minus 1420 m horizon.

According to the DCH Steel corporate newspaper, preparatory work took six months. Production is scheduled for seven months.

It is specified that the new block 116-122 from the Gnezdo deposit of the fifth floor at the minus 1420 m horizon was commissioned on July 5. The new production capacity has 277.5 thousand tons of reserves.

“When we started cutting the block, many miners were mobilized. Therefore, we had to find a labor reserve, given the complications of the energy crisis,” explained Nikolay Puntus, chief engineer of the mine, as quoted by the publication.

The average iron content in the massif is 56.83%.

“We will get rich ore over the next four months, then the percentage of iron will be lower,” Puntus said.

Sukha Balka mine is one of the leading mining companies in Ukraine. It produces iron ore by underground mining. The mine includes Yubileynaya and Frunze mines. Frunze mine. DCH Group acquired the mine from Evraz Group in May 2017.

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