The Shimanovskoye Iron ore deposit is located in the Ingulen district (Curve Rog). The development of iron ore deposits of Ukraine is engaged in the Black Iron mining Canadian company, which in 2010 acquired the Cyprus subsidiary of the Geo-alliance Ore East limited (Black Iron (Cyprus) LTD).
This company owns more than 99% at Shimanovsky Style LLC and Zelenovsky Style and has a license to develop them. According to the data provided by Black Iron, the Shimanovsky iron ore deposit has in stocks of about 645.8 million tons with iron content of 31.6%. This indicates a 73% increase in stocks compared to last year's estimates.
New data will become basic for Black Iron in the substantiation of technical and economic feasibility of conducting the development of the field and its further financing. Recall that the first half of 2012 was unprofitable for Black Iron.
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The alleged reserves of iron ore of the Shimanovsky deposit have increased
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Azovpromstal® 20 September 2012 г. 00:01 |
