Gold production on Russia’s Chukotka peninsula decreased by 0.16% YoY, to 25.42 tons in 2020, a representative of the regional government’s department for natural resources and environment reported in January 19.
Production of silver fell by 4.99%, to 106.105 tons.
Production of Chukotka Mining and Geological Company, a unit of Kinross Gold, fell by 5.4%, to 10.605 tons of gold and by 4.3%, to 91.651 tons of silver. Production of another Kinross Gold’s affiliate, Severnoye Zoloto, rose by 4.5%, to 3.803 tons of gold and by 14.5%, to 6.451 tons of silver.
Output of gold concentrate at the Maiskoye deposit, developed by Polymetal’s unit, increased by 14.5%, to 5.03 tons.
Production of Rudnik Karalveyem, owned by the Israeli businessman Lev Levayev, shrank by 5.7%, to 1.576 tons, while silver production went down by 11.6 kilograms, to 172.95 kilograms.
Production of Valunisty Mine, controlled by the Russian billionaire businessman Roman Abramovich and his partners, soared by about 70%, to 1.433 tons of gold, but fell by 4%, to 7.813 tons of silver. (Prime/Ukrainian metal)
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