Zoloto Delmachika LLC has decided to prolong the test production at the site till spring 2019. This year a large sample of ore has been obtained from the Severo-Vostochniy site and the Antimonitovaya mine. The first kilograms of gold have already been extracted. In October within the second stage of the test production the company…
China National Gold and SUN Gold (India) intend to invest $485 million into development of a пold deposit in Zabaikalye region. Annual output at the Kluchevskoye gold ore deposits is estimated at 6.5 tons. According to the minister of industry and trade Denis Manturov, the development of this deposit will have increased gold output in…
In January-August Magadan region extracted 24529 kg of gold, up by 13% YoY. 12339 kg accounted for ore fold, up by 30%. Alluvial gold output totaled 12190 kg, on par with the previous year period. Silver extraction grew by 1%, to 478.6 tons. This year it is planned to obtain 37 tons of gold and…
This year Khabarovsk region intends to set a new historical record on gold extraction – 23950 kg. The initial annual plan was 23450 kg. But now the Ministry of the natural resources believes that actually 500 kg more will be extracted. In particular, gold ore mining companies are expected to increase output by 400 kg.…
The First Vice Prime Minister of Kyrgyzstan Kubatbek Boronov met with the President of Kumtor Gold Company, Daniel Desjardins, the Information Support Department of the Government of Kyrgyzstan reported. The parties discussed issues of the planned and production performance of Kumtor mine until the end of 2018. The First Vice Prime Minister noted that in…
In January-August Kazakhstan’s production of raw gold and semi-processed gold, or in powder form, increased by 11.6% YoY, to 62,251 kg, the Statistics Committee of the Kazakh Ministry of National Economy reported. In the accounting period, the production of raw silver and semi-processed silver, or in powder form, reached 638,640 kg, down by 11%. (Kazinform/Ukrainian…
The Tsentralnaya gold mine in Chelyabinsk Region operated by gold producer UGC, also known as Uzhuralzoloto, collapsed on September 19, killing one person, a spokesperson for the Emergency Ministry’s local branch reported.
The mine collapsed at the depth of 820 meters, when two people were working there.
Reasons are currently being investigated. (Prime/Ukrainian metal)
Production of gold at Makmal field in Jalal-Abad region has been suspended, the First Deputy Prime Minister of Kyrgyzstan Kubatbek Boronov declared. The press service of Kyrgyzaltyn OJSC confirmed the information. The gold recovery plant has suspended its work since September 1. The mineral resource base of the mine is completely depleted, so further work…
Russian gold bar production rose by 0.4% YoY and by 9.5% MoM in August, the Federal State Statistics Service said on September 17.
In January-August gold bar production decreased by 0.4% YoY.
No absolute figures were disclosed. (Prime/Ukrainian metal)
In August Khabarovsk region yielded 3.3 tons of gold and 6.9 tons of silver. In 8 months gold output totaled 16.4 tons, with 13.1 tons being ore gold. Silver output reached 37.7 tons. Gold manufacture grew by 9% YoY, while silver dropped by 6%. By the end of the year the region intends to have…
In January-August the Republic of Buryatia extracted 3482.8 kg of gold, down by 2% YoY. In particular, ore gold accounted for 2269.8 kg, on par with the previous year results. The republic has also obtained 1213 kg of alluvial gold, down by 5%. In January-July gold output totaled 2929.7 kg, up by 7% YoY. (Ukrainian…
In January-August Chukotka Autonomous District extracted 16.38 tons of gold, down by 5% YoY.
14.52 tons accounted for ore gold, with 1.86 tons provided by alluvial sites.
Silver output decreased by 15%, to 74.98 tons.
In January-August 2017 gold output was 17.18 tons and silver – 87.85 tons. (Ukrainian metal)
Russian gold producer Polyus has retained its gold output forecast for 2018 unchanged, CEO Pavel Grachyov declared. “Yes, I can confirm our forecast. We are approaching the upper limit of a 2.375-2.425 million ounces range in a comfortable manner. The plan for 2019 is 2.8 million ounces,” he said. The Natalka gold mine continues to…
Omega LLC has finished the gold washing season of 2018. The result was 320 kg of alluvial gold, with the target at 304 kg. The output grew by 14% YoY. The company is developing gold deposits in the Republic of Sakha (Yakutia). It has 4 licenses for Lazo, Bilir, Bolshoy Delegenyakh and the Bilir Brook…
The government of Sverdlovsk region has approved the removal of over 300 hectares of forests on the territory of Bilimbayevskoye and Nizhne-Tagilskoye forestries. The former will lose the largest part (254 ha). The sites thus retrieved will be used to extract ore gold and platinum at Kostarevskiy gold-bearing site and Rublevikskaya platinum alluvial site. (Ukrainian…
Kinross Gold intends to commission the project to develop Moroshka gold deposits in Chukotka Autonomous District by the end of the year. At present the construction works are nearing their end at the site. Ore mining will start in Q4. The deposits will be in development in 2019-2020. After the mine is commissioned the annual…
The department on subsoil use in Central-Siberian district has declared Zoloto Ynykchana LLC the winner of the auction to prospect and develop an alluvial gold site in Irkutsk region. With the initial price of 79 thousand rubles the company has offered 114.968 million rubles, or 1.46 times more. Another license – for alluvial gold site…
In January-August Electrum plus LLC, a part of Susumanzoloto, developing the Vetrenskoye deposits, extracted 250 kg of gold, having processed 108 thousand tons of ore. The output has slightly decreased compared with January-August 2017 mostly due to the drop of average gold contents in ore. By the end of the year the company intends to…
A firm, owned by the wife of the former bodyguard of ex-Kyrgyz President of Kyrgyzstan Almazbek Atambayev Erkin Mambetaliev, Aichurok Adieva, is behind illegal gold mining at Naiza field in Chatkal district. According to the Ministry of Justice, the founders of Muraz Sintez firm, which intends to extract gold in the territory of Besh-Aral nature…
The Russian Finance Ministry is considering canceling value-added tax (VAT) to help repatriate dozens of billion rubles in a move the market has been waiting for dozens of years, Deputy Minister Alexei Moiseyev declared on September 7. “The issue is only discussed, and an additional stimulus for its solution has appeared. You can already see…
Kopy Goldfields AB has started operating at two prospecting project in Irkutsk and Amur regions. In June the company started prospecting at an alluvial deposit in Amur region. The work is expected to be complete in 2020-2021. So far prospecting for gold at the site has not been carried out. Under the second project Kopy…
In January-July the Republic of Sakha (Yakutia) extracted 12483.9 kg of gold and 57460 kg of silver.
Gold output increased by 12.5% YoY.
This year Yakutia intends to extract 24.5 tons of gold. (Ukrainian metal)
In January-June Mangazeya Mining Ltd, developing Zabaikalye region deposits, produced 6.972 thousand ounces of gold. Savkinskoye deposits accounted for 6.76 thousand ounces, and the rest (0.21 thousand ounces) for Kochkovskoye deposits. According to the unaudited financial statement, gold output decreased by 17% YoY. The decrease is due to the drop in ore mining – in…
As of September 3, the Novaya miners team has yielded 134 kg of gold. This season the team has started washing at a new site – Nizhnyaya Amunakta, having so far obtained 60 kg of gold. The enterprise is also prospecting at Tangrak. The development of the site is scheduled for spring 2019. The team…
As of August 28 Irkutsk region has extracted 15280.9 kg of gold, up by 8% YoY. Ore gold accounted for 8977.9 kg, up by 20%, while alluvial gold output dropped by 5%, to 6303 kg. Last year the region yielded 22903 kg of gold, including 12115 kg of ore gold and 10788 kg of alluvial…
Yekaterinburg Non-Ferrous Metals Processing Works intends to start refining gold from Magadan region. In July the company delegation visited a miners’ team, where it got acquainted with the technological chain of gold mining. “We presented our plans to increase gold purchases with further buy out of refined metal and voiced our interest to work with…