Since the year start Zabaikalsky region has yielded 2001.02 kg of gold and 9.1 million tons of coal. In May the output was 1009.5 kg of gold and 1.3 million tons of coal. The region also produced 148.5 tons of tungsten concentrate, 3.1 thousand tons of lead and 776 tons of zinc. At present around…
Yuzhuralzoloto Group of Companies (UGK) has started transferring Darasun Mine LLC to the future owner – Uryumkan LLC. The transfer started on June 1. In May there was a strike at the mine: 81 miners refused to get back to the surface protesting against not receiving salary for April. At that time UGK president and…
In 2-3 years Rosszoloto intends to construct a gold-processing factory in Amur region valued at $250 million. The company is also looking for an investor to further develop the project with the aim of attracting $500 million. In three years from the start of the investment project Rosszoloto plans to obtain the first 48.23 million…
In January-May Chukotka autonomous district mined 9812 kg of ore gold and 340 kg of silver, down by 12% and by 13% YoY respectively. Alluvial gold was not produced. At present 5 companies mine for gold. Chukotka Mining Company mined 3946 kg of gold (down by 10.5%) and 49.3 tons of silver. Severnoye Zoloto mined…
As of mid-June Balja LLC has washed 67 kg of gold. The washing season started in May. In the first month the company obtained 42 kg of gold. According to the company CEO Valery Gurevich, this year it plans to yield 420 kg of gold. Balja is developing the alluvial gold deposits in the Kyrin…
In January-May Amur region obtained 8407 kg of gold, up by 22.6% YoY, including 7699 kg of ore gold and 708 kg of alluvial gold. The growth has been provided by Petropavlovsk group of companies (Pokrovsky, Pioneer, Malomyr and Albyn), as well as Priisk Solovievsky. In particular, Priisk Solovievsky yielded 782 kg of gold, up…
The auction to develop ore gold at Antrop-Upshinskoye deposits in Altai scheduled for June 8 has been declared not taken place, as no participants arrived. The forecast reserves of the deposits are 2 tons of gold. The license for a 25-year development of the site was put on sale at the initial price of 1.5…
In January-May Irkutsk region obtained 5431.42 kg of gold, with 1126.58 kg being alluvial gold, and the rest (4304.84 kg) ore gold. In January-April the region yielded 3704 kg of gold. This year the target is 21277 kg of gold, down by 2 tons YoY. (Ukrainian metal)
