Russia: Yakutia to reach gold target

In January-October Yakutia obtained 21.5 tons of gold, including 11.8 tons of ore gold and 9.7 tons of alluvial gold. Alluvial gold target has been outperformed by 7%. Ore gold output is slightly lagging behind, but should increase. The target for this year is 24 tons of both ore and alluvial gold. In 2011 the…

Russia: Kimkano-Sutarsky GOK ships 1.5 million tons of iron ore concentrate

As of early December Kimkano-Sutarsky Mining and Processing Works has shipped 1.5 million tons of iron ore concentrate since the start of operation in 2016. In January-September the works shipped 1.167 million tons. In Q3 the company produced 469.9 thousand tons of iron ore concentrate. At present, according to the company CEO Yuri Makarov, KSGOK…

Russia: Telen mines 97 thousand tons of coal

In January-October Telen mined 97 million tons of coal. As of November 15 output reached 105 thousand tons. “Telen intends to operate while its license is still valid – till 2059. Our plans for the future is to increase output, expand sales markets and construct industrial premises”, the company said. In 2016 the company obtained…

Russia: Natalka gets first Dore gold

Natalka Mining and Processing Works, the main new project of Polyus, has received the first batch of Dore gold. The company is testing the new machinery. Polyus expects the project to reach full capacity by late 2018. Natalka gold-extracting factory with the capacity of 10 million tons of ore is the largest in Russia. It…