Russia: HGM gold output up in Q1 2019

The output of the U.K. Highland Gold Mining (HGM), which mines in Russia, grew by 21% YoY, to 71,961 ounces, or 2.2 tons, of gold and gold equivalent in January-March, the company said in a statement on April 25. Production at the Mnogovershinnoye deposit jumped by 58% YoY, to 30,600 ounces, output at the Novoshirokinskoye…

Russia: NLMK starts repairing Rossiyanka BF

NLMK has started the scheduled repairs of the blast furnace No. 7 “Rossiyanka”. The repair will last for 14 days. It will improve the blast furnace efficiency and let NLMK start another of the Strategy 2022 projects – the reconstruction of the blast furnace No. 6. The preparation for the repair lasted for 7 months.…

Kyrgyzstan: PM makes no decision on uranium mining in Issyk-Kul

Government of Kyrgyzstan has not yet decided what will happen to the uranium deposit, the Prime Minister Mukhammedkaly Abylgaziev announced at the meeting of the Parliament. Deputy Kamchybek Zholdoshbaev asked what would happen to the uranium deposit in Issyk-Kul region. Mukhammedkaly Abylgaziev noted that incorrect information about uranium was disseminated. “YurAsia company was registered in…