Rotek has started assembling the transformation substation at the Kekura gold deposits in Chukotka Autonomous District ahead of schedule. The commissioning of the power machinery is scheduled for late 2018. The transformer substation will be providing the gold-extracting enterprise with electricity for 30 years. Kekura is developed by a Highland Gold subsidiary. (Ukrainian metal)
The miners team Aleksandrovskaya-1 LLC, which extracts alluvial gold in Amur region, has already obtained 60 kg of gold this year. The company is operating at two deposits – Djalon and Djuvaskit. This year the team plans to obtain 180 kg of alluvial gold, up by 75% YoY. (Ukrainian metal)
The Government of Kyrgyzstan draws up a new agreement on Kumtor, the Speaker of the Parliament Dastan Dzhumabekov told the press conference on the results of the 4th session of the Parliament. According to him, the government intends to revise the agreement with Centerra Gold, signed in autumn 2017 by the Cabinet of Ministers of…
Kyrgyzaltyn OJSC conducted preliminary public consultations on extending the life of Makmalzoloto mine and attracting of investors. The consultations took place in 13 villages of five rural areas of Jalal-Abad region within a week. “The main task is to extend the life of Makmalzoloto combine and to attract investors by an open competitive selection. We…
This year Seligdar intends to mine 6 thousand kg of gold, up by 30% YoY. The increase has to do with the Ryabinovoye gold-extracting factory reaching project capacity and the increase of output at Ryabinoviy Mining and Processing Works. The Ryabinovoye LLC output plan is 1805 kg of gold. The Sininda 1 miners team intends…
Residents of Aknazar rural area in Bakai-Ata district held a rally against gold mining in Urmaral gorge, the press service of the State Committee for Industry, Energy and Subsoil Use reported. According to it, about a hundred people held a rally in front of the local administration. They are afraid that after the beginning of…
In January-May Buryatia extracted 1569.7 kg of gold, up by 24.5% YoY. In particular, ore gold output totaled 1432.5 kg and alluvial gold – 137.2 kg. Ore gold is mined by Buryatzoloto, Zapadnaya miners team and Sininda 1 miners team. The largest alluvial gold extractors are Sininda 1, Priisk Tsipikansky LLC, Vitimgeoprom, Kurba miners team…
Gold and silver producer Polymetal International is ready to buy a pressure oxidation unit (POX) from Russia-focused gold producer Petropavlovsk Plc for $250 million. Polymetal is even ready to finish construction of the unit on its own and to buy 300,000 tons of refractory ore concentrate from Petropavlovsk per year to refine it at the…