Vostoc LLC, extracting gold in the Anadyr district of Chukotka Autonomous District, will start obtaining alluvial gold at the deposits of the Pravaya Kolbi River. This washing season the company intends to get 20 kg of gold. The balance resources of the deposit are estimated at 377 kg of gold. Investments in the site development…
As of June, Priisk Solovievskiy has obtained 35 kg of alluvial gold in Zabaikalye region. The work at the licensed sites is carried out by Zabaikalsky Quarry. This year Priisk Solovievskiy intends to get at least 350 kg of gold. The manufacturing plan for this year is the same as for the year 2017. (Ukrainian…
The gold-extracting enterprise Neryungri-Metallik has opened a new ore gold deposit – Vysokoye in the south of the Republic of Sakha (Yakutia). This is the third deposit of ore gold opened by the enterprise. The reserves are estimated at 2 tons of gold with the average contents of 1.3 g per ton. The size of…
In January-May Chukotka Autonomous District yielded 9.813 tons of gold, down by 5.8% YoY. At present, because of the weather conditions only ore gold is extracted in the region. Silver output dropped by 14.6%, to 49.117 tons. In January-April the leader in precious metals mining was the Chukotka Mining and Geological Company. At its Kupol…
Poliarm LLC intends to continue geological exploration at the Lichkvaz-Tey gold and copper deposits. Poliarm bought 100% of the Armenian company, owner of the license to develop the deposits, in 2015. JORC resources of the deposits are estimated at 600 thousand ounces (18.7 tons) of gold equivalent. The Lichkvaz contains 4.3 million tons of ore…
As of June 1, Priisk Solovievskiy has mined 656 kg of gold on the territory of Amur region. According to deputy CEO on economic issues Victor Sizhuk, the goal was 113.9% fulfilled. Solovievskiy mine provided the main volume of output. The mine operates all the year round. Alluvial sites are developed from May to October.…
In January-May Magadan region obtained 8.363 tons of gold and 297.8 tons of silver, up by 794.2 kg and by 1.3 tons YoY respectively. The Tenkinsky city district was the leader in ore gold mining having provided 4.5 tons of gold. Alluvial gold output totaled 1106.3 kg, with Susuman city district providing the most –…
The Russian government has approved an agreement with the Chinese government on joint development of the Klyuchevsky gold ore deposit in the Zabaikalsky region. The project will be carried out by Zapadnaya-Klyuchi, a subsidiary of Indian investment group CAH Gold, in two years. The project will attract $500 million direct investment from China and can…