In 2016 Zoloto Kamchatki, a part of Renova, increased gold output by 114% YoY, to 175.25 thousand ounces (5451 kg), and that of silver – by 309% YoY, to 247.35 thousand ounces (7694 kg).
Gold sales in 2016 went up by 131%, to 173.68 thousand ounces, at the average price of $1251.66 per ounce. The group enterprises processed 724.8 thousand tons of ore.
In 2017 Zoloto Kamchatki intends to keep gold output on above 5 tons level.
The company owns 9 licenses to develop gold deposits in Kamchatka with the total reserves of over 12 million ounces (more than 375 tons) of gold.
In 2015 the group mined 2.545 tons of gold, up by 38.4% YoY. (Ukrainian metal)