Ukraine: the only gold mine starts operating

After 15 years of idle time, the only gold-extracting enterprise in Ukraine – Muzhiyevskiy gold mine – has resumed operation. In addition to gold it can also produce zinc. Avellana Gold operates its processing factory at the deposit. Overall capacity will reach 500 thousand tons of ore per year. The previous enterprise went bankrupt n…

Russia: Amur Zoloto increases gold reserves

Following prospecting works in Khabarovsk region, Amur Zoloto has set its reserves at 1187.4 ounces of gold and 1281 ounces of silver. Gold reserves grew by 22% YoY. The estimation included data on several assets – Yubileynoye, Perevalnoye and Malyutka deposits as well as alluvial sites. Krasivoye deposit (Yubileynoye hub) contains 640 thousand ounces of…


Russia: Chay-Urya Zoloto extracts 1 ton of gold

As of early October, Chay-Urya Zoloto, a part of Susumanzoloto, has extracted 1010 kg of gold, up by 26% from the target. This year the company is developing two sites in the Berelekh River valley and the Kvartseviy Brook in Susuman city district. Two more Susumanzoloto enterprises have exceeded their targets. Itkan has yielded 508…