In 2016 Seligdar enterprises produced 4332 tons (139.277 ounces) of gold, up by 24.5% YoY.
According to the company statement, tin output increased by 6.9% YoY, to 578.618 tons.
“Last year we have shown the highest growth of output in our history. For the first time we have exceeded the 4-ton mark”, board of directors member Konstantin Beirit said.
Ore output in 2016 increased by 80.3%, to 6.265 million tons.
In December 2016 the company started assembly works and the Ryabinovoye deposits processing factory. When it is put into operation in H1 Seligdar will be able to produce more than 5 tons of gold. (Ukrainian metal)