Russia: Novaya extracts 75 kg of gold

Since the start of the washing season, the Novaya miners team has extracted 75 kg of gold. The company plan for this year is 75 kg. At present the company is carrying out additional prospecting works at the Tangrak site, the license for which was acquired last December. The company also intends to commission a…

Russia: Baldja gold output plan 55% fulfilled

In 2 months the Baldja miners team from Zabaikalye region has extracted 330 kg of alluvial gold. Last year the output in the corresponding period was 300 kg. This year the company is operating at 4 sites: Khamara, Khaylastun, Bayan-Zurga and Baldja. Alluvial season for the company started in May. The output target for the…

Russia: number of REMZ lenders growing

Ai2Vad (Moscow) has claimed over 80 million rubles from the Rostov Iron and Steel Works. The right of the company to demand the money is confirmed by the agreements on the assignment of rights dated 2015 and 2019. Yantarnoye company is demanding 14 million more. In June Nadezhda-VLM claimed over 26 million rubles form REMZ.…