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Category Archives: gold

Kyrgyzstan: first Chaarat gold to be obtained in 2020

goldBy admin13.04.2018Leave a comment

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…

Russia: Chukotka gold output down in Q1 2018

gold, silverBy admin13.04.2018Leave a comment

In January-March Chukotka yielded 5.323 tons of gold, down by 5% YoY. Silver output totaled 27.5 tons. Chukotka Mining and Geological Company, a part of Kinross Gold, was the leader in gold mining, having obtained 2.408 tons, up by 86.9 kg YoY. Silver output reached 24.586 tons. Rudnik Karalveyem (Auramine Resources) mined 403.8 kg of…

Kyrgyzstan: protesters burn down laboratory, warehouse and office of Chinese company

goldBy admin12.04.2018Leave a comment

The protesters have burned down the laboratory, warehouses and office building on the territory of the Chinese company GL Makmal Developing, the management of the enterprise reported. According to them, the residents of Toguz-Toro district stay on the territory of the company, while the employees were evacuated. “We are not aware of the demands of…

Tajikistan: TBEA to develop another gold deposit

goldBy admin12.04.2018Leave a comment

In early 2018 Chinese TBEA received the license to start developing the Verkhniy Kumarg deposits. In 2013 the company obtained a license to work at the Duoba deposits. Both deposits are situated in Sogdiy region. According to sources, the company has the right to develop the deposits until it reimburses all the funds spent to…

Russia: Rosgeologia starts gold prospecting at new site in Amur region

goldBy admin12.04.2018Leave a comment

Far East PGO, a part of Rosgeologia, starts prospecting for gold at the Solovievskaya territory in Amur region. The prospecting will last for 3 years, from Q2 2018 till Q4 2020. The total size of the territory is 270 square km. (Ukrainian metal)

Kyrgyzstan: residents of Toguz-Toro district set gold plant under construction on fire

goldBy admin12.04.2018Leave a comment

Residents of Toguz-Toro district of Jalal-Abad region hold a rally and set a gold-processing plant under construction on fire. About 3,000 people took part in the protest. “The main requirement of the local residents is to close the plant as it is harmful to the environment. At the moment, other people are joining the protest,»…

Russia: Buryatzoloto gold reserves to grow in 2018

goldBy admin11.04.2018Leave a comment

Buryatzoloto, the largest gold-extracting company in the Republic of Buryatia, intends to increase gold reserves at its Irokinda and Kholbinsky mines in 2018 by 4.2 tons. As of early 2018 the company balanced reserves amount to 18.7 tons. To increase the reserves, this year the company will have to drill 112 km of shafts, investing…

Russia: Polymetal starts developing gold ore deposits in Khabarovsk territory

goldBy admin10.04.2018Leave a comment

Okhta GGK LLC, a part of Polymetal, has started developing the Khotorchan gold ore deposits in Khabarosvk territory. The first ore was mined on March 31. The deposits reserves will become the raw materials base for the Khakanjinskaya gold-extracting factory. The Khotorchan CC2 reserves are estimated at 839 kg, and forecast resources (R1) at 5…

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