As of August 1, Magadan region yielded 18905 kg of gold and 417.4 tons of silver. Gold output increased by 3008.6 kg YoY, with silver output up by 12.7 tons. Tenkinskiy town district was the leader in ore gold output (6678.4 kg), with Susuman town district leading in alluvial gold manufacture (3196.6 kg). Alluvial gold…
An overall production of unwrought gold and semi-processed gold or in powder form reached 53,432 kg in January-July, up by 9.7% YoY, Statistics Committee of the National Economy Ministry of Kazakhstan reports. In the accounting period gross output of unwrought and semi-processed silver or in the powder form made 575,426 kg, down by 9.6% YoY.…
In January-July Khabarovsk region yielded 13113 kg of gold, up by 10.3% YoY. Ore gold accounted for 10684 kg, up by 12.1%. Alluvial gold sites yielded 2429 kg, up by 3%. Silver output decreased by 5%, to 30.8 tons. The decrease in output is due to the thinning of reserves of the Khakandzhinskoye deposits, developed…
Russia’s production of finished, semi-finished, and powdered gold increased by 1.7% YoY and by 19.7% MoM in July, the Federal State Statistics Service said in a report. In January-July gold production decreased by 0.6% YoY. Previously, absolute figures on production of precious metals were a state secret. The figures are no longer classified, but the…
Centerra Gold Inc. (Centerra) and Kumtor Gold Company (KGC) have summed up their operating results in the second quarter of 2018. In the first six months of 2018 KGC produced 184,023 ounces or 5723.76 kg of gold and contributed more than 3.65 billion soms in taxes and mandatory payments, the Media Relations Department of the…
NGK Resource is finishing the construction of the first stage of the mining and processing works at the Polyanka deposits in Khabarovsk region. So far the quarry has been prepared, and the crushing and sorting shop is being assembled. The company intends to get the first gold ingot by October 20 and some 300-350 kg…
In January-July Chukotka Autonomous District yielded 13.49 tons of gold, down by 7% YoY. 12.57 tons accounted for ore gold, with alluvial gold at 930 kg, down by 7% and by 15% respectively. Silver output decreased by 15%, to 64.44 tons. (Ukrainian metal)
In January-June Priisk Dambuki, extracting alluvial gold in Amur region, received 83 thousand rubles of net profit, down almost 24-fold YoY (1.9 million rubles). The company revenue decreased 4-fold, to 23.5 million rubles. Gross profit fell 2-fold, to 17.9 million rubles. EBITDA increased 1.3-fold, to 339 thousand rubles. As of late June, the company accounts…