Russia: Fitch upgrades rating of Alrosa

International rating agency Fitch has upgraded the long-term issuer default rating of Russian uncut diamond mining giant Alrosa to BB+ from BB with a stable outlook and affirmed the company’s short-term issuer default rating at B, the agency said in a research note. “The upgrade reflects Fitch’s expectations that Alrosa will maintain funds from operations…

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Ukraine: DTEK sees rise in coal stocks

DTEK energy holding since early October has increased coal stocks at warehouses of thermal power plants (TPPs) by 173,000 tons, to 792,000 tons, DTEK Energo Generation Director Serhiy Kurylenko reported. Kurylenko said that at present DTEK’s TPPs burned 50,000 tons of coal a day on average. Around 65,000 tons of coal arrive every day to…

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