British company Anglo-Asian Mining Plc, involved in gold, silver and copper mining in Azerbaijan, has discovered a new gold deposit. A new sub-vertical gold vein, “Hasan”, was discovered to the south of the main Gosha gold mine. Work continues on the new sub-vertical deposit discovered by surface drilling. Preliminary results from the fieldwork indicate that…
In January, Chukotka Autonomous District produced 1.399 kg of gold and 6.48 tons of silver, down by 10% and by 19% YoY respectively. Only ore precious metals are being extracted now. 5 companies operate at the site. In 2021, Chukotka increased gold output by 4% YoY, to 25.32 tons. (Ukrainian metal)
Chaarat Gold Holdings Ltd. unveiled financing and construction delays at its Tulkubash project in Kyrgyzstan. The dispute between Canada’s Centerra and Kyrgyzstan over the Kumtor mine has had a significant impact on the Tulkubash project, pushing out the debt-financing timeline for the project to the second half of 2022. The project’s first gold output has…
In January, Amur region extracted 1161.7 kg of ore gold, up by 6.6% YoY. 5 companies are operating in the region now. Malomyr mine yielded 144 kg of gold, down by 60%, Pokrovsky – 515 kg, up 2-fold, and TEMI, operating at the Elginskoye deposit, – 285 kg. Berezitoviy mine decreased output by 20%, to…
In January, Irkutsk region produced 1169.45 kg of gold, up by 4% YoY. 4 companies operated at gold deposits. In particular, Polyus Verninskoye produced 754.05 kg of gold, Vysochaishiy with Ugakhan – 156.4 and 180.9 kg respectively and Druza LLC – 78.1 kg. This year, the region expects to yield 20.98 tons of gold, including…
In 2021, Kamchatka produced 6151 kg of gold, down by 11% YoY. At the same time, silver output grew by 5%, to 15.8 tons. No alluvial gold was extracted last year. Ametistovoye yielded 2701 kg of gold, up by 6%, Kamchatskoye Zoloto – 1098 kg, up by 4%, SiGMA – 1274 kg, down by 30%,…
In January-November 2021, Russia produced 319.56 tons of gold, up from 314.41 tons a year earlier. Extracted gold accounted for 274.14 tons (271.14 tons in January-November 2020), auxiliary – 15.51 tons (15.92 tons) and secondary gold – 29.91 tons (27.35 tons). Russia also produced 858.42 tons of silver, down from 873.9 tons. In particular, extracted…
In 2021, Chukotka Autonomous District extracted 25.32 tons of gold, up by 4% YoY. Ore gold accounted for 23.14 tons, up by 3%, while alluvial – 2.18 tons, up by 11%. Silver output grew by 3%, to 109 tons. (Ukrainian metal)
In January-November 2021, Russia produced 319.56 tons of gold, up by 1.6% YoY. Extracted gold accounted for 274.14 tons, up by 1.1%. Krasnoyarsk region yielded the most gold – 54.97 tons, up by 5.7%. Magadan region increased output by 5.2%, to 49.13 tons, and Yakutia – by 1.1%, to 38.02 tons. Silver output dropped by…
In 2021, Magadan region extracted 52.1 tons of gold and 678 tons of silver, up by 2,97 tons and by 105.5 tons YoY respectively. Ore gold accounted for 32.3 tons and alluvial – 19.8 tons. Lead output totaled 5.7 thousand tons, zinc – 7.2 thousand tons and copper – 0.6 thousand tons. (Ukrainian metal)
In 2021, the Luch Miners’ Team LLC extracted 222.44 kg of alluvial gold in Chukotka, up by 10% YoY. In 2020, the output reached 201.88 kg and in 2019 – 225.83 kg. The company owns 9 licenses to prospect and develop alluvial gold sites. (Ukrainian metal)
The Magadan region gold-extracting company Raiz LLC has become a winner of five auctions to develop alluvial sites in Chukotka Autonomous District. The combined price totaled 46.275 million rubles. The C1 reserves of a site on the Yuzhniy Brook are 106 kg of gold. The final price was 6.045 million rubles. The site on the…
Raiz LLC has won in the auction to develop the alluvial gold deposit on the Bolshoy Kaparveyem River in Chukotka. The auction was held on December 28, 2021. The initial price grew 6-fold, to 154.58 million rubles. The reserves are estimated at over 1 ton. (Ukrainian metal)