Business news from Ukraine

Business news from Ukraine

Sukha Balka Mine at Yubileynaya Mine launches new block

Sukha Balka mine (Kryvyi Rih, Dnipro region), part of Aleksandr Yaroslavsky’s DCH Group, commissioned a new block of the Gnezdo deposit at Yubileynaya mine on 20 September this year.

According to information in the corporate newspaper DCH Steel on Thursday, the capacity of the new excavation is 73 thousand tons. The new block 34-36+10 of the third floor of the Gnezdo deposit is located at a horizon of minus 1420 meters.

It is specified that the new block will be developed in the traditional way using mining equipment.

Nikolay Puntus, Chief Engineer of Yubileynaya Mine, explained that the block is located in unstable rock. Such conditions required some kind of support to ensure the operational condition and prevent collapses and rock fall.

As reported earlier, the mine resumed sinking operations at Yubileynaya mine in April this year after it was suspended due to a lack of qualified personnel.

Sukha Balka 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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