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The decision on the Anti-Corruption Court in Ukraine will significantly affect the stability of investment projects The decision on the Anti-Corruption Court in Ukraine will significantly affect the stability of investment projects

The Verkhovna Rada, Ukraine's parliament, will vote for the law on the High Anti-Corruption Court this week. The decision of the parliamentarians on the implementation of the High Anti-Corruption Court will have two scenarios for the economy: either the country will be in a state of default if the decision is not supported, or will receive the next tranche of the IMF and the favor of the internati…

Avellana Gold Congratulated the Geological Service of Ukraine with 100th Anniversary Avellana Gold Congratulated the Geological Service of Ukraine with 100th Anniversary

In early February, the State Service of Geology and Subsoil of Ukraine celebrated 100 years since the day the geological service was created. Representatives of Avellana Gold Ltd. visited the events dedicated to the anniversary. Veteran scientists, employees of state enterprises and institutions were honored at the celebration. The management of the State Service of Geology and Subsoil of Ukra…

Investors Gained an Opportunity to Counteract the Bureaucracy Successfully Investors Gained an Opportunity to Counteract the Bureaucracy Successfully

Companies that open business in Ukraine gained an opportunity to counteract bureaucracy in State agencies thanks to investor protection organizations. Recently, the Business Ombudsman Council responded to violations of the terms for prolongation of special permits of Avellana Gold Ltd. for the exploration of the Transcarpathian polymetal deposit by the State Service of Geology and Subsoil of Ukrai…

Re-estimation of Reserves of Natural Resources Every 5 Years Should Be Cancelled Re-estimation of Reserves of Natural Resources Every 5 Years Should Be Cancelled

The Cabinet of Ministers of Ukraine discussed Draft Resolution on cancellation of the requirement for re-estimation of natural resources reserves every 5 years. The American Chamber of Commerce in Ukraine emphasized on the necessity to cancel this requirement, since it leads to additional financial and bureaucratic burden on production companies. Moreover, re-estimation of reserves of natural r…

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Zinc Price Outlook – 2018 Zinc Price Outlook – 2018

Analysts predict another great year for zinc, which reached multi-year highs in 2017. In 2016, zinc was the best-performing LME metal, jumping more than 64% in 12 months. In 2017, zinc continued to climb, but at a slower pace: it’s gained over 21% since January. Zinc’s highest point of the year came in October ($3,369.50). Supply worries and a strong Chinese demand outlook supported the base m…

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