Stoilensky GOK
Encyclopedia
OJSC Stoilensky GOK is an iron ore company in Russia
. Its main facility, the Stoilensky Mining and Beneficiation Plant (SGОК), is located in Stary Oskol
, in the Belgorod
region. Stoilensky is associated with Novolipetsk Steel
and accounts for about 15% of Russia's iron ore production.
Stoilensky GOK is listed in the MICEX and RTS
exchanges in Russia.
. The company's mine is confirmed to have reserves of 26.6 million tons of high-grade iron ore and 1.4 billion tons of ferruginous quartzite.
Russia
Russia or , officially known as both Russia and the Russian Federation , is a country in northern Eurasia. It is a federal semi-presidential republic, comprising 83 federal subjects...
. Its main facility, the Stoilensky Mining and Beneficiation Plant (SGОК), is located in Stary Oskol
Stary Oskol
Stary Oskol is a city in Belgorod Oblast, Russia, located south of Moscow, on the Oskol River. Population: 221,163 ; 215,898 ; -History:...
, in the Belgorod
Belgorod
-Twin towns/sister cities:Belgorod is twinned with: Wakefield, England, United Kingdom Herne, North Rhine-Westphalia, Germany Palembang, South Sumatra, Indonesia Opole, Poland Vyshhorod, Ukraine Kharkiv, Ukraine-External links:...
region. Stoilensky is associated with Novolipetsk Steel
Novolipetsk Steel
Novolipetsk Steel , or NLMK, is one of the four largest steel companies in Russia with sales of more than US$11.7 billion in 2008 and 9.2 million tonnes of steel output. NLMK's share of domestic crude steel production was about 13% in 2007. It primary produces flat steel products, semi-finished...
and accounts for about 15% of Russia's iron ore production.
Stoilensky GOK is listed in the MICEX and RTS
Russian Trading System
The Russian Trading System is a stock market established in 1995 in Moscow, consolidating various regional trading floors into one exchange. Originally RTS was modelled on NASDAQ's trading and settlement software; in 1998 the exchange went on line with its own in-house system...
exchanges in Russia.
Operations
The Stoilensk deposit is in the northeastern part of the Kursk Magnetic AnomalyKursk Magnetic Anomaly
Kursk Magnetic Anomaly is a territory rich in iron ores located within the Kursk, Belgorod, and Voronezh oblasts in Russia, and constitutes a significant part of the Central Chernozyom Region...
. The company's mine is confirmed to have reserves of 26.6 million tons of high-grade iron ore and 1.4 billion tons of ferruginous quartzite.