Since the start of the year Seligdar has produced 5512 kg of gold, up by 27.7%, or by 11194 kg YoY.
In July for the first time the company produced over 1000 kg of gold in one month.
The increase in output is the result of investments in increasing manufacturing capacities. In July 2017 Seligdar commissioned a new gold-extracting factory at the Ryabinovoye deposits with the design capacity of 1.5-2 tons per year, and in September this year resumed operation of the processing factory in Buryatia.
This year the company intends to produce 6 tons of gold, with the long-time strategy presupposing the increase of the output to 10 tons per year. (Ukrainian metal)
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