Interfax-Ukraine
News about recent political developments in Ukraine, key Ukrainian economic news and major current events in the CIS and the rest of the world.
Ferrexpo continues to lay claim to Galeschynske ferruginous quartzite deposit after license revoked due to sanctions against Belanovo Mining.
Mining company Ferrexpo with assets in Ukraine points out the illegality of revoking one of the licenses - for the exploration of the Galeschynske deposit of ferruginous quartzites (Kremenchuk) – after falling under the sanctions of the Belanovo Mining (Horishni Plavni, Poltava region, part of the group).
According to the annual report of Ferrexpo, on 24 June 2021, an order of the President of Ukraine was published on the official website of the President, which enacted the Decision of the National Security and Defense Council of Ukraine on the application of personal special economic and other restrictive measures and sanctions.
Belanovo Mining is included in the list of legal entities which are subject to sanctions pursuant to the decision.
"The order and the decision do not provide any legal ground for the application of sanctions," the group said.
At the same time, in accordance with the sanctions, the license for the development of the Galeschynske field, one of two licenses owned by Belanovo Mining, is cancelled.
The company continues to defend its interests in courts. The next court hearing is scheduled for April 3, 2023.
The Galeschynske deposit is under exploration and is located to the north of the group's active mining operations.
Tags: #ferrexpo
Concorde Capital to carry out large-scale reconstruction of Kyiv bus station.
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Yermak thanks Sullivan, team of US presidential administration for their efforts to approve assistance to Ukraine.
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World majority should be present at Peace Summit – Zelenskyy.
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DTEK machine builders complete delivery of 30 transport trolleys for Pavlohradvuhillia.
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Zelenskyy listens to reports from Syrsky and Umerov.
On Wednesday, President of Ukraine Volodymyr Zelenskyy heard reports from Commander-in-Chief Oleksandr Syrsky and Defense Minister Rustem Umerov.
Why do May's local elections really matter ? - Analysis.
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Loose horses run past cars in central London
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Former UK defence secretary: World facing risks comparable to 1930s.
Former defence secretary Ben Wallace has told Sky News that the world is facing similar risks to those in the 1930s. Mr Wallace warned that we also face additional challenges which include "terrorism and unconventional warfare". Read more here: #u...
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Columbia student details 'rabid' anti-Israel protests: 'Chaos, disorder'.
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Pressure and Release: horse therapy for young Indigenous Australians.
The Kimberley region of Western Australia is a beautiful place. But it is home to communities in crisis – devastated by a pattern of suicides among young Aboriginal people. A glimmer of hope emerges in the form of Prof Juli Coffin, a Nyangumarta w...