Kyrgyzstan: gold exports down in January 2025

In January, Kyrgyzstan exported 372.6 kilograms of gold worth $31.2 million, the National Statistical Committee reported. The primary buyer of the precious metal remained the United Kingdom, which received 372 kilograms of gold during this period. A small additional shipment was exported to Turkey. Compared to the same period last year, gold exports have declined…

Ukraine: Samsonivska-Zakhidna mine to be liquidated

The Samsonivska-Zakhidna mine, which until 2014 was considered the “mine of the future”, is in the critical condition, the chairman of the Luhansk Regional Military Administration Artem Lysohor has said. After the occupation, the enterprise, located near Otamanivka, was given to a Russian investor for a symbolic price. Despite the previous promises of large-scale development,…

Kyrgyzstan: Kumtor modernizes drilling equipment

Kumtor Gold Company CJSC has purchased two DR410i drill rigs to replace the older DR460 series drill rigs. The new iSeries rigs from Sandvik Mining and Rock Technology have demonstrated an unconditional advantage in terms of reliability, durability and low operating costs. The Sandvik DR410i rigs, equipped with an extended mast, can drill holes up…