In January-May Amur region obtained 7337.7 kg of gold, down by 13% YoY. Silver is not mined in the region. The decrease in the output has to do with the drop of manufacture at Petropavlovsk and Nordgold assets. 6551.6 kg accounted for ore gold. Alluvial season started in May, and as of June 1, 786.1…
Without more investment in the mining industry, mineral production in the Kyrgyz Republic will decline over the next decade, report by the Natural Resource Governance Institute (NRGI), an independent nonprofit organization dedicated to improving countries’ governance over their natural resources to promote sustainable and inclusive development, says. As the author of the report “An Economic…
Russia’s production of finished, semi-finished, and powdered gold rose by 6% YoY and by 21.5% MoM in May, the Federal State Statistics Service said in a report. In January-May gold production increased by 2.9% YoY. Previously, absolute figures on production of non-ferrous metals were a state secret. The figures are no longer classified, but the…
The intergovernmental agreement signed in February, which allows China National Gold Group to get 70% of Klyuchevskiy gold ore deposits in Zabaikalye region, has been submitted to the State Duma for ratification. The project will be carried out in 2 years. The Chinese company will invest $500 million in gold mining. The reserves are estimated…
In spring RG Gold commissioned the third crushing complex at the Yuzhniy Raigorodok and Severniy Raigorodok in Akmola region. This allowed the company to increase annual ore processing from 1.3 million tons to 2 million tons and produce some 45-50 thousand ounces (1.5 tons) of gold. Investments in the development totaled $6.7 million in 2017-2018,…
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…