Mednogorsk Copper-Sulfur Works, a part of UMMC, estimates its gold reserves at the Yelanskoye deposits in Voronezh region at 7.2 tons. Moreover, the deposits also hide 502.3 thousand tons of nickel, 58 thousand tons of copper, 15.3 thousand tons of cobalt, 2.9 tons of platinum and 3 tons of palladium. MMSK received the license to…
In January-June Amur region obtained 11126 kg of gold, up by 22.6% YoY, including 9269 kg of ore gold and 1857 kg of alluvial gold. In H1 2016 the region yielded 9004 kg of gold, namely 7322 kg of ore and 1682 kg of alluvial gold. The main increase in output is on behalf of…
On July 9 during a regular convoy delivering goods to the Kumtor mine, one of the tanks with fuel drove into the safety bench. Turning over, the tank moved off the technological route and found itself on a narrow canopy site where about 7 tons of diesel fuel had leaked. However, there was no leakage…
In October the joint-stock company Pavlik intends to confirm the availability of 90 tons of additional gold reserves at its deposits in Magadan region. At present the company deposits stand at 154 tons of gold. Thus, they will increase to 244 tons. The gold-mining combine at the Pavlik deposits was put into operation in August…
The auction to prospect, develop and mine gold at Kedrovskiy site in Khakasia failed, as there was only one offer – from ZapSibNK LLC. The starting price of the site with the reserves of 77 tons was 60.946. The license would have been granted for 25 years. (Ukrainian metal)
Gold was illegally mined on Kapchygay-1 site, the State Committee of Industry, Energy and Subsoil Use of the Kyrgyz Republic reported. The committee earlier announced an auction for the sale of placer gold deposit, namely, Kapchygay-1 and Kapchygay-2 section, located in Aksy district of Jalal-Abad region. However, it was canceled because of illegal mining of…
“Zoloto Kamchatki” has bored the first meters at the Kumroch deposits, one of the most promising sites in Kamchatka. This year the company intends to bore 80 thousand meters of rock and produce 20 tons of gold. The total volume of investments in the project amounts to 1 billion rubles. At the Kumroch deposits an…
The gold-mining company Vysochaishiy plans to produce 6.3-6.5 tons of gold this year (195-210 thousand ounces), up by 28% YoY. The increase will be achieved thanks to the putting in operation of the Ugakhan Mining and Processing Works in Irkutsk region and the first stage of Tarynsky GOK in Yakutia. As of 2016 the Vysochaishiy…
