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The most popular minerals among investors in Ukraine were amber and sand

Ukraine / Mining industry

A site with sand in the Kiev region during online trading has risen in price by 175 times to 35 million hryvnia, and special permits for the extraction of amber are best sold.

The most popular minerals among investors in Ukraine were amber and sand

The State Service of Geology and Subsoil of Ukraine held the second auction in 2022, at which it sold 14 special permits for subsoil plots with deposits of amber, raw sand and gravel and boulders, peat, sand, primary kaolin, pegmatite (feldspar), stone , gabbro-diabase, granite.

The most interesting was the Vyshgorodsky site with deposits of ordinary sand. 10 participants competed for this lot. During the competition, the sale price of the plot increased 175 times from UAH 200,390 to UAH 35,020,000, making this lot the most expensive during the auction.

In total, at the auctions that took place in the Prozorro online system. The sale was sold lots for a total of 91.3 million hryvnia.

“Open electronic trading guarantees fair and objective results of competitive competitions, and the State Geonadra can sell a license at market value and raise more funds,” Roman Opimakh, Chairman of the Service, is convinced. – We hold auctions only for those lots that are of interest to subsoil users. In 2021, e-bidding was announced for a record number of subsoil plots, 160 of them received special permits. The most popular fossil is amber: five special permits were sold today and three during previous auctions.

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