Following the large-scale aggression of Azerbaijan against Armenia on September 13, the operation of the Sotskiy gold mine was suspended. “The mine was out of operation for 3 days only. Now it operates at 40% of its capacity. That is, only 40% of the employees are working and their safety is ensured. But many still…
British company Anglo-Asian Mining Plc, involved in gold, silver and copper mining in Azerbaijan, has discovered a new gold deposit. A new sub-vertical gold vein, “Hasan”, was discovered to the south of the main Gosha gold mine. Work continues on the new sub-vertical deposit discovered by surface drilling. Preliminary results from the fieldwork indicate that…
In January, Chukotka Autonomous District produced 1.399 kg of gold and 6.48 tons of silver, down by 10% and by 19% YoY respectively. Only ore precious metals are being extracted now. 5 companies operate at the site. In 2021, Chukotka increased gold output by 4% YoY, to 25.32 tons. (Ukrainian metal)
Chaarat Gold Holdings Ltd. unveiled financing and construction delays at its Tulkubash project in Kyrgyzstan. The dispute between Canada’s Centerra and Kyrgyzstan over the Kumtor mine has had a significant impact on the Tulkubash project, pushing out the debt-financing timeline for the project to the second half of 2022. The project’s first gold output has…
In January, Amur region extracted 1161.7 kg of ore gold, up by 6.6% YoY. 5 companies are operating in the region now. Malomyr mine yielded 144 kg of gold, down by 60%, Pokrovsky – 515 kg, up 2-fold, and TEMI, operating at the Elginskoye deposit, – 285 kg. Berezitoviy mine decreased output by 20%, to…
In January, Irkutsk region produced 1169.45 kg of gold, up by 4% YoY. 4 companies operated at gold deposits. In particular, Polyus Verninskoye produced 754.05 kg of gold, Vysochaishiy with Ugakhan – 156.4 and 180.9 kg respectively and Druza LLC – 78.1 kg. This year, the region expects to yield 20.98 tons of gold, including…
In 2021, Kamchatka produced 6151 kg of gold, down by 11% YoY. At the same time, silver output grew by 5%, to 15.8 tons. No alluvial gold was extracted last year. Ametistovoye yielded 2701 kg of gold, up by 6%, Kamchatskoye Zoloto – 1098 kg, up by 4%, SiGMA – 1274 kg, down by 30%,…
In January-November 2021, Russia produced 319.56 tons of gold, up from 314.41 tons a year earlier. Extracted gold accounted for 274.14 tons (271.14 tons in January-November 2020), auxiliary – 15.51 tons (15.92 tons) and secondary gold – 29.91 tons (27.35 tons). Russia also produced 858.42 tons of silver, down from 873.9 tons. In particular, extracted…