Russia: Kundumi development approved

The State Expertise Office of Russia has approved design documentation of the first stage of the Kundumi deposit development in Khabarovsk region. The deposit will be developed by Okhta Mining and Geological Company. During the first stage, around 200 thousand tons of ore will be extracted each year. In Q1, the company extracted 103.8 thousand…

Russia: Retkon extracts 93 kg of gold

Since the start of the alluvial gold season, Retkon has extracted 92.6 kg of gold in Irkutsk region, down by 35% YoY. In May-June 2020, the company yielded 142.5 kg of alluvial gold. The reason of the decrease has not been revealed. This year, the company intends to extract up to 600 kg of gold.…