In 2017 the VTB bank purchased 10.7 tons of gold from extractors in the Republic of Sakha (Yakutia). Last year the gold miners of the region received 750 million rubles to prepare for the season within the loan program, up by 53% YoY. VTB is a leader in Russian gold purchases. (Ukrainian metal)
As of April 1, the gold-extracting companies of Magadan region mined 3933 kg of ore gold, with 1417 kg obtained in March. Silver output in three months totaled 163.9 tons. Gold mining increased by 11% YoY, while that of silver dropped by 8.3%. The decrease has to do with the scheduled drop of output at…
In Q1 Zabaykalye region yielded 929 kg of gold, up by 17% YoY. Tungsten concentrate output totaled 215.54 tons. Zinc and lead concentrate manufacture reached 13822.54 tons and 8091.45 thousand tons respectively. Coal mining totaled 5655 tons. (Ukrainian metal)
Personal belongings of employees were stolen from the territory of the Chinese enterprise GL Makmal Developing at Makmal. According to the company, all the employees of the enterprise have started working, but the Chinese investors do not yet know at whose expense the burned objects will be restored. It is known that the government and…
Some politicians are involved in the riots that occurred in Toguz-Toro district, where the gold processing plant under construction was set on fire, the Prime Minister of the country announced at a meeting of Kyrgyzstan parliamentary faction. Sapar Isakov said that the Ministry of Internal Affairs asked for time for investigation. But the names of…
Neryungri-Metallik LLC, a part of Nordgold, is preparing for the prospecting season, which will last from April till October. This year the main operation will be carried out at the Tokko field on the Anomalia-13, Vrezannyi and Roman sites. The company plans investing some 85 million rubles in drilling. Earlier it was planned to spend…
In connection with the situation at the Kyrgyz-Chinese gold mining enterprise GL Makmal Developing, the Embassy of the People’s Republic of China in Kyrgyzstan and the Consulate General of the People’s Republic of China in Osh appealed to the Ministry of Foreign Affairs and the Ministry of Internal Affairs of the Kyrgyz Republic to conduct…
Chaarat Gold Holdings Ltd intends to put the Charaat project into operation in two stages, with the first gold to be obtained in 2020. The first stage presupposes the development of the Tulkubash quarry with the output of 100 thousand ounces of gold per year. Gold reserves at the deposits are estimated at 1.05 million…
