Dalnevostochnoye Manufacturing and Geological Enterprise, a part of the state geological holding Rosgeologia, is starting prospecting at the Khodzhasky site. By the end of 2020 the enterprise will have prospected some 179 square km. The enterprise will be looking for gold and copper. The fieldworks of 2018 will be the first stage of the prospecting…
The Northeastern manufacturing and geological enterprise (a part of the state holding Rosgeologia) has started bringing cargo and machinery to the Kremovaya site in Chukotka. There the enterprise is prospecting for gold. The corresponding contract with the department of subsoil use was concluded last year. The geologists must find gold-silver ore objects within the territory.…
The Prime Minister of Kyrgyzstan, Mukhammedkaly Abylgaziev, instructed to speed up preparations for the contest and conduct outreach activities among the local population on the importance of extending the term of Makmal gold field, the press service of the Cabinet reported. The head of government held a working meeting to discuss the current activities of…
China National Gold Group and SUN Gold Ltd (India) intend to attract some $500 million of investments in 2 years to develop gold extracting at the Klyuchevskoye deposits in Zabaikalye region. The expected volume of output is 12 million tons of ore per year with the production of 6.5 tons of gold. If the regional…
In January-April Zapadnaya Mining and Ore Company mined 112 kg of ore gold at the Badran deposits in the Republic of Sakha (Yakutia). Silver output totaled 8.4 kg. Actually, this volume was obtained in 2 months, as in March the company did not mine. In late February the company license was revoked. By April Zapadnaya…
This year Polymetal will continue prospecting works at the Primorskoye deposits in Magadan region. The main personnel will arrive at the site in early July. The deposits are located in a hard-to-reach area, and the road there takes some 2 days. 60 people will be working at the site. The reserves of the Primorskoye deposits…
Since 2015 KAZ Minerals Bozymchak has exported 9,760 tons of gold concentrate from Kyrgyzstan, the State Service for Combating Economic Crimes reported. The audit report of the Accounting Chamber confirmed the data. “In December 2017 the Investigation Department of the State Service for Combating Economic Crimes instituted criminal proceedings under the article “Abuse of power…
Representatives of the Chinese gold mining company, GL Makmal Developing LLC, will not demand from the government of Kyrgyzstan the compensation for the damages so far. According to them, the preliminary amount of damage is $2.3 million. “But we do not put forward demands. We are waiting for the interdepartmental commission to finish its work.…