Ukraine: Lugansk terrorists to mine gold

In 2018 the so-called Lugansk People’s Republic, a terrorist organization created and supported by Russia, intends to start developing gold deposits. According to the head of the LPR Igor Plotnitsky, this will be an important step to improve the republic’s economy. “We’ll try mining our own gold. The enterprise will not be too profitable, but…

Russia: Dagestan finds 100-ton gold deposits

A gold-bearing deposit with the reserves of some 100 tons has been found on the territory of Dagestan. The auction for the deposit will be held in 2018. The prospects of the Kurush ore node were confirmed in 2007-2010. In 2014 the Federal budget gave 150 million rubles for prospecting work in the Dagestani Mountains.…

Ukraine: Avellana Gold gets back earlier withdrawn license for polymetal mining

The Prosecutor General’s Office of Ukraine has returned to the U.S.-based Avellana Gold international mining company the previously withdrawn special permit for the development of Muzhievo polymetallic ore deposit in Zakarpattia, the west of Ukraine, as well as confidential geological information about the field, according to the company’s press service. “The General Prosecutor Office has…

Kazakhstan: gold output up in January-September 2017

In January-September Kazakhstan produced 62697 kg of raw gold, up by 16.3% YoY.

According to the Statistics Committee of the Ministry of the national economy, raw silver output totaled 792535 kg, down by 12.5% YoY. (Ukrainian metal)

Kyrgyzstan: 2 gold deposits put up for auction

Two gold deposits are put up for auction in Kyrgyzstan, the State Committee of Industry, Energy and Subsoil Use reported. Forecast resources of Kyzyl-Tash deposit in Jalal-Abad region of Ala-Buka district of P1 category are 3.2 tons with a gold content of 5.04 grams per ton. The starting price is $62,200. Ishakulidinskoye field in Jalal-Abad…

Russia: gold output up in September 2017

Russian gold bar production rose by 5.4% YoY but fell by 6.1% MoM in September, the Federal State Statistics Service said. In January-September, gold bar production increased by 8.1% YoY. In 2016, Russia’s gold bar output fell by 7.8%. Previously, absolute figures on the production of non-ferrous metals were a state secret. The figures are…

Kazakhstan: 62.69 tons of gold produced in January-September 2017

In January-September Kazakhstan produced 62,697 kg of unwrought gold, up by 16.3% YoY.

According to the Statistics Committee of the Ministry of National Economy, production of unwrought silver in the reporting period amounted to 792,535 kg, down by 12.5% from January-September of 2016. (Kazinform/Ukrainian metal)

Russia: Khabarovsk krai yields 17.6 tons of gold

In January-September Khabarovsk krai obtained 17.588 tons of gold, up by 19.1% YoY. In particular, ore gold amounted to 13.891 tons, and alluvial gold – 3.696 tons. Silver output totaled 47.282 tons, up by 41.8%. Gold output increase was due to Svetloye LLC (Polymetal), Mnogovershinnoye (Rusdragmet LLC) and Amur Zoloto (Russian Platinum). Okhotskaya Mining and…

Kyrgyzstan: Jerui development postponed

Russian Platinum has postponed the start of the Jerui deposits development for 2 years. According to the license, this year a gold-extracting factory should have started operation at the site. But Russian Platinum just starts preparation works. For the delay the company will be fined $100 thousand each month. Jerui was supposed to yield some…