Gold production on Russia’s Chukotka peninsula decreased by 4.81% YoY, to 24.130 tons in 2018, an official at the regional industry policy, construction, and housing and utilities department reported on January 14.
Placer gold output grew by 11%, to 2.583 tons.
Output of Chukotka Mining and Geological Company, a unit of Kinross Gold, rose by 2.79%, to 10.005 tons of gold, while silver output fell by 12.98%, to 96.656 tons.
Gold production of Severnoye Zoloto, Kinross Gold’s affiliate that develops the Dvoinoye deposit, fell by 47.92%, to 4.145 tons, and silver production by 51.17%, to 5.887 tons.
Output of gold concentrate at the Maiskoye deposit, developed by Polymetal’s unit, rose by 55.7%, to 4.668 tons.
Output of Rudnik Karalveyem, owned by Israeli businessman Lev Levayev, rose by 16.42%, to 1.71 tons, and silver production by 25.8 kilograms, to 192.09 kilograms.
Valunisty Mine reduced its gold output by 23.7%, to 658.4 kilograms and silver output by 12.34%, to 6.58 tons. (Prime/Ukrainian metal)
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