Armenia: Lydian’s gold mine pre-operationally certified under ICMC

Lydian Armenia announced on January 24 that Lydian International’s Amulsar Gold Mine in Armenia has been pre-operationally certified in compliance with the International Cyanide Management Code (ICMC/Cyanide Code). Lydian’s Amulsar Project is the first project worldwide to receive Pre-operational certification since revisions to the Code, published in 2016 – following amendments to the Code, and…

Ukraine: Lviv-Volyn basin stops shipping coal

The state enterprise Lvivugol has reported on the complete halt of coal purchases from the Lviv-Volyn region. Since September 2015 there has been a mechanism of mutual purchases of coal between Centerenergo and DTEK. To decrease transportation costs Centerenergo bought coal from DTEK Pavlogradugol and DTEK Dobropolyeugol, while the coal from the Lviv-Volyn basin was…

Russia: Polymetal gold output up in 2017

Gold output of precious metals producer Polymetal International rose by 21% YoY, to 1.075 million ounces, while silver production decreased by 8%, to 26.8 million ounces in 2017, it said in a statement on January 24. Total output in gold equivalent grew by 13% YoY, to 1.433 million ounces, overshooting the production plan by 2%.…