Gold production in Russia may increase by 0.7% YoY, to 366 tons in 2021, and silver production may amount to 1,450 tons, Sergei Kashuba, chairman of the Union of Gold Producers of Russia, has announced. “Production of primary gold will increase by about 1%, to 338 tons, plus secondary production, according to our expert estimate,…
In January-August, Amur region yielded 13.191 tons of gold, down by 16% YoY. Ore gold accounted for 8.81 tons and alluvial gold – for 4.37 tons. The decrease is due to a drop in output at three Petropavlovsk mines. In particular, Pokrovskiy mine produced 2,068 kg of gold, down by 17%, Malomyrskiy Mine LLC –…
Russia’s gold exports decreased by 60.6% YoY, to 120.405 tons, in January-June, the Assay Chamber at the Finance Ministry, responsible for state control over exports and imports of precious metals and stones, said in a report. Silver exports decreased by 42.5%, to 364.027 tons. (Prime/Ukrainian metal)
Since the start of the alluvial season, the Lena Miners Team LLC, developing sites in Irkutsk region, has extracted 163.7 kg of gold, down by 22% YoY. This year, the company plans to extract 200 kg of gold. Last year, Lena was able to produce 350.3 kg of gold. The company has 14 licenses. (Ukrainian…
Since the start of the alluvial season in Irkutsk region, Druza LLC has extracted 587.2 kg of gold. The company owns a license to develop reserves of the Bolshoy Dogaldyn alluvial gold deposit and the Nevskoye gold ore deposit. All the gold was mined, as the alluvial reserves have almost been depleted. This year the…
In January-July, Chukotka Autonomous District produced 14,083 kg of gold, up by 2% YoY. Ore gold accounted for 13,013 kg and alluvial – for 1,070 kg. Kekura deposit yielded 315.2 kg, Kupol – 6,356.5 kg, Karalveyem – 929 kg and Rudnik Valunistiy LLC – 1,080.3 kg of gold. ZK Mayskoye LLC at the Mayskoye deposit…
The Main State Expertise Service of Russia has approved design documentation for the reconstruction of the Duetskaya non-ferrous metals processing factory. The factory is situated in the Republic of Sakha (Yakutia) and is intended for the processing of gold-containing ore from the Duet deposit discovered in 1950. Output at the deposit amounts to 120 thousand…
The Far Eastern department of Russia’s Federal Mineral Resources Agency plans to hold an auction for a 25-year license for the Bakhtarnaksky gold deposit, located in the Zabaikalsky region, with a starting bid of 48.4 million rubles, on October 21. Bids are collected until September 21. The deposit’s resources are estimated at 10 tons of…