KIEV, Dec. 2 - Most Ukrainian mines reported reduced iron ore production in the first 11 months of 2008.

Inhulets Mining told Interfax that it reduced concentrate production 4.7% year-on-year in the 11 months to 11.979 million tons. Inhulets is Ukraine's biggest iron ore concentrate producer. The Kiev-based Smart Group owns the mine but has transferred 82.46% of the shares to the strategic management of System Capital Management's Metinvest holding.