Gold production on Russia’s Chukotka peninsula decreased by 14.34% YoY, to 11.795 tons, in January-June, a spokesperson for the regional industry policy, construction, and housing and utilities department reported on July 11.
Silver production in the area fell by 21.71%, to 64.709 tons.
Chukotka Mining and Geological Company, a unit of Kinross Gold, produced 4.775 tons of gold, down by 10% YoY, and 54.726 tons of silver, down by 19.8%, at its Kupol deposit.
Gold production of Severnoye Zoloto, Kinross Gold’s affiliate that develops the Dvoinoye deposit, fell by 28.56%, to 3.717 tons, and silver production decreased by 30.8%, to 6.331 tons.
Output of gold concentrate at the Maiskoye deposit, developed by Polymetal’s unit, rose by 11.28%, to 1.811 tons.
Output of Rudnik Karalveyem, owned by Israeli businessman Lev Leviev, fell by 15.66%, to 675.8 kilograms, and silver production decreased to 84.377 kilograms.
Valunisty Mine, controlled by Russian billionaire businessman Roman Abramovich’s Millhouse Group, decreased gold output by 1.1%, to 417.533 kilograms, and silver output by 13.9%, to 3.579 tons. (Prime/Ukrainian metal)