In January-July, Priisk Solovievskiy increased gold output by 28% YoY, to 1855.1 kg. Alluvial sites and the Solovievskoye deposit in Amur region accounted for the main output. In particular, alluvial sites yielded 1128.7 kg of gold, up by 37% YoY. Output at the Solovievskoye deposit increased by 34%, to 605.3 kg. 121 kg of gold…
Chaarat Gold Holdings Ltd produced 26,960 ounces (more than 764 kg) of gold equivalent at its Kapan mine in during the first half of 2020, and expects to produce 55,000 ounces (more than 1559 kg) of gold for the year. The company said it also took several steps to help alleviate the impact of coronavirus…
In January-May, Russia increased gold output by 2.83% YoY, to 104.31 tons. In particular, extracted gold amounted to 86.38 tons, up by 6.66%, by-product gold – 6.79 tons, down by 7.62%, and secondary gold – 11.15 tons, up by 14.96%. Silver manufacture decreased by 7.39%, to 355.3 tons, including extracted silver – 175.39 tons, down…
In January-June, Polymetal produced 9.7 tons of gold in Khabarovsk region as opposed to 8.3 tons in H1 2019. In particular, Amur Hydrometallurgical Works (AGMK) increased output by 27%, to 8.1 tons. The works processed 115 thousand tons of concentrate, up by 4%. Raw materials from the Albazinskoye deposit accounted for 79 thousand tons yielding…
The Mangazeia Group of Companies intends until the end of the year to produce up to 500-600 kg of gold at the Nasedkino Mining and Processing Works. The GOK is situated in the Zabaikalye region and is being commissioned. In 2021, the GOK is expected to reach its design capacity of 1million tons of ore…
In January-June, Kazakhstan extracted 11.4 million tons of gold-containing ore, down by 3% YoY. The mining of gold-containing concentrate amounted to 198.5 thousand tons. Production of raw and semi-raw gold, as well as gold powder grew by 11.2%, to 53.5 tons. Refined gold manufacture totaled 30.4 tons. Tau-Ken Samruk produced 7 tons of gold. This…
In January-June, Chukotka extracted 11.5 tons of gold, up by 6.7% YoY. Chukotskaya Mining and Geological Company extracted the most gold – 5.2 tons, as well as 42.8 tons of silver. Rudnik Valunistiy has extracted 588.1 kg of gold and 5.7 tons of silver, while Mayskoye deposit yielded 2.4 tons of gold. Severnoye Zoloto LLC…
In April-June, Verninskoye deposit yielded 2115 kg of refined gold, almost on par with the Q1 results. Dore gold output went up from 2021 kg to 2239 kg, mostly due to the increase in processing. Average gold content in ore was 2.11 g per ton as opposed to 1.99 g in Q1. Processing increased by…
Altynalmas has put into operation a gold-extracting factory “Dolinnoye” at the Aktogay site in Karaganda region. The capacity of the factory will be 2.5 million tons of ore per year. With the commissioning of Dolinnoye, Altynalmas processing capacities at Aktogay increase to 5.2 million tons of ore and rock excavation – to 50 million tons.…
Gold production of Russia’s Polyus rose by 16% QoQ, to 690,400 ounces in April-June, the company said in a statement on July 16. Sales revenue grew by 33%, to $1.148 billion, while the average price stood at $1,723 per ounce. Net debt fell to $2.506 billion from $3.056 billion. (Prime/Ukrainian metal)
In the industrial season of 2020, the Baldja miners’ team intends to extract 420 kg of gold at the alluvial deposits in Zabaikalye region. Last year, together with contractors from China the team yielded 1045 kg of gold. This year, however, due to the pandemic, the company will be developing its sites on its own,…
Russia’s gold output rose by 3.8% YoY, to 81.27 tons in January-April, the Finance Ministry said quoting supplies to the refining plants. Mined gold output rose by 7.1%, to 65.87 tons, while by-product gold output decreased by 6.7%, to 5.6 tons, with gold scrap production down by 8.9%, to 9.8 tons. Russia’s silver output decreased…