In 2017 Trevozhnoye Zarevo, a part of Trans Siberian Gold Plc, mined 198 thousand tons of ore at the Asachinskoye gold-bearing deposits in Kamchantka. Gold output totaled 1217.7 kg, up by 8.1% YoY. In 2016 the company mined 1126 kg of gold. This year Trevozhnoye Zarevo will continue increasing output. In particular, it plans to…
A new large deposit of gold ore has been discovered in the Rakhov district of Zakarpatye region. According to estimates, the reserves are 2.4 tons of gold. The only operating gold deposit in Ukraine is the Muzhievskoye. It has 55 tons of gold, and 1 million tons of zinc and lead, valued at around $3.8…
The State Committee for Industry, Energy and Subsoil Use of the Kyrgyz Republic put up the right for geological exploration of two deposits of alluvial gold for auction. Bash-Nura and Chetke-Archalu fields in Naryn district were put up for auction. It is noted that in the 1930s and 1940s, a part of them was developed…
In 2017 Kazakhstan produced 85029 kg of gold, up by 13.8% YoY. According to the Ministry of the national economy, silver output dropped by 10.8%, to 1058605 kg. (Ukrainian metal)
In 2017 Irkutsk region obtained 22903 kg of gold, including 12115 kg of ore gold and 10788 kg of alluvial gold. The total output increased by 1.3% YoY, with alluvial gold share down by 3.7%, and ore gold up by 6.2%. 26 enterprises were extracting gold in the region in 2017. 5 of them provided…
Russian gold producer Mangazeya Zoloto plans to raise production by 95%, to 1.5 tons in 2018, CEO and owner Sergei Yanchukov declared. The company will nearly triple geological exploration spending to 350 million rubles this year to increase the Baikal region reserves of the group to over 100 tons, he said. Production of the Savkino…
In 2017 Magadan region obtained almost 33 tons of gold, up by 5 tons YoY. Pavlik developing the deposits of the same name mined 6.5 tons of gold. Susumanzoloto is still the best alluvial gold extractor – 4 tons. This year the region intends to increase output. In particular, the new mine named after Matrosov…
Residents of Oruktu village oppose development of Solomo gold deposit. According to them, in 2015 the company KGM Ltd. received a license to develop the field. At the same time, it pledged to pay 300,000 soms a month as a social package. However, the payments ceased after eight months. As of today, the company owes…