Sukhaya Balka mine (Kryvyi Rih, Dnipro region), part of Aleksandr Yaroslavsky’s DCH Group, has commissioned a new block with 45,000 tonnes of iron ore reserves at Frunze mine.
According to a report in DCH Steel’s corporate newspaper on Thursday, the new production unit involved modern self-propelled equipment such as drilling rigs and a loader. The use of the equipment in the production process will help reduce costs and increase efficiency.
It is specified that the block is located at the minus 1200 m horizon of the Druzhba deposit. Its reserves amount to 45 thousand tons of raw materials with a high iron content of 62.9%. Blocks 51-57 are being developed using self-propelled equipment.
The miners plan to develop the industrial unit by the end of the year.
As reported, the deposit at Frunze mine was developed by open pit mining. Frunze has been mined by open pit since 1885. The mine was built in 1962. The design ore quality is 61.88% iron content.
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.
DCH Group acquired the mine from Evraz Group in May 2017.
