The Ukrainian Metal

Russia: Kurilgeo gold output down in 2019

In 2019, Kurilgeo LLC, developing gold sites in Sakhalin, received 3.5 billion rubles from the sales, on par with the previous year results.

Net profit decreased by 6.4%, to 971.8 million rubles.

Tax payments exceeded 1.4 billion rubles, including 1.1 billion rubles of profit tax.

Last year, the company produced 1106 kg of gold, down by 16.5% YoY. Silver output, at the same time, increased by 8.6%, to 4190 kg. (Ukrainian metal)

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