In January-August, Russia exported 182.3 tons of gold, up by 10% YoY, valued at $10.5 billion. According to the Federal Customs Service, in August exports reached 32.4 tons, up by 57% YoY and by 10% MoM, valued at $1.8 billion. The UK was the main customer accounting for 27.6 tons at $1.6 billion. 1.6 tons…
In January-September, Irkutsk region extracted 18 tons of gold, down by 7.1% YoY. Ore gold amounted to 10.73 tons, down by 7.6% YoY. Polyus Verninskoye yielded the most gold – 6.69 tons, up by 7.6%. At the same time, Vysochaishiy decreased output by 26.4%, to 3.4 tons. Alluvial gold output dropped by 6.4%, to 7.27…
In January-September, Chukotka Autonomous District produced 16.06 tons of gold, down by 1.6% YoY. Silver output grew by 4.3%, to 72.84 tons. Companies developing deposits in Anadyr district yielded the most gold – 8.34 tons. In particular, Chukotskaya Mining-Geological Company produced 7.25 tons at the Kupol deposit. Rudnik Valunistiy increased output by 61%, to over…
The State Commission on Stocks has approved and put on the state balance C1+C2 reserves of ore gold in the amount of 87.71 tons at the deposit named after Mikhailov in the Republic of Kabardino-Balkaria. Now, this is the largest gold deposit not only in the North Caucasus, but also in the European part of…
In January-July, Russia produced 173.99 tons of gold, down by 1.3% YoY. Extracted gold accounted for 145.88 tons, down by 2.8%. In particular, Amur region decreased output by 30.2%, to 11.29 tons. Krasnoyarsk region produced the most gold – 32.29 tons, up by 2%, Magadan region – 25.15 tons, up by 3.5%, and Yakutia –…
Itkana LLC, a daughter company of Susumanzoloto, has extracted 500 kg of alluvial gold since the start of the season. Until the end of October, the company plans to get 50 kg more. The company was able to prepare 3 million cubic meters of rock until spring, which allowed launching the washing season earlier. In…
Units of Russian state nuclear corporation Priargunsky Industrial Mining and Chemical Union (PIMCU) and Atomredmetzoloto (ARMZ), as well as gold miners White Gold and Polyus Magadan have submitted bids for an auction for the republic of Yakutia’s second largest gold deposit Kyuchus, the Federal Mineral Resources Agency said in a statement on September 23. The…
The London Bullion Market Association (LBMA) has removed Kyrgyzaltyn OJSC from the LBMA Good Delivery List. The Kyrgyz company is not included in the list of reliable suppliers that could negatively affect the activities of the refinery, the cost of gold and the investment attractiveness of Kyrgyzstan. Executive Director of the International Business Council (IBC)…
