Gold production in the Chukotka Autonomous District is to decrease by 3 tons in 2017 due to reserve depletion on some of the deposits, head of the region Roman Kopin reported on August 24.

“The amount expected in 2017 is 26 tons,” Kopin said.

Chukotka Mining and Geological Company and Severnoye Zoloto, units of Kinross Gold; Rudnik Karalveyem, owned by Israeli businessman Lev Leviev; Valunisty Mine, controlled by Russian billionaire businessman Roman Abramovich’s Millhouse Group and Maiskoye deposit, developed by Polymetal’s unit, are operating in the region. (Prime/Ukrainian metal)

Leave a Reply