Gold production on Russia’s Chukotka peninsula decreased by 12.34% YoY, to 23.646 tons in January-November, a spokesperson for the regional industry policy, construction, and housing and utilities department reported on December 11.
Silver production in the area fell by 18.96%, to 121.533 tons in the period.
Chukotka Mining and Geological Company, a unit of Kinross Gold, produced 8.897 tons of gold, down by 8.74%, and 103.22 tons of silver, down by 17.82%, at its Kupol deposit.
Gold production of Severnoye Zoloto, Kinross Gold’s affiliate that develops the Dvoinoye deposit, fell by 25.23%, to 7.319 tons, and silver production decreased by 28.24%, to 11.244 tons.
Output of gold concentrate at the Maiskoye deposit, developed by Polymetal’s unit, shrank by 5.5%, to 2.988 tons.
Output of Rudnik Karalveyem, owned by Israeli businessman Lev Leviev, fell by 3.58%, to 1.321 tons, but silver production rose by 4.7 kilograms, to 149.5 kilograms.
Valunisty Mine, controlled by Russian billionaire businessman Roman Abramovich’s Millhouse Group, decreased gold output by 9.24%, to 783.2 kilograms, and silver output by 19%, to 8.502 tons. (Prime/Ukrainian metal)