In January-March the Amur region yielded 4677 kg of gold. The state enterprise Petropavlovsk mined the most gold: 1689 kg by Pokrovsky mine, 14171 kg by Albynsky mine and 512 kg by Malomorsky mine. Berezitoviy mine of Nordgold yielded 751 kg. Gold-mining in Amur region continues falling due to the low metal contents in ore.…
The government of Kyrgyzstan proposes to regulate the export of gold ore through taxes, Vice Prime Minister Oleg Pankratov said at a meeting of the parliamentary committee on the fuel, energy complex and subsoil use on April 18. The deputies suggested voicing the government’s position, as they were currently drafting a bill. Therefore, it is…
In January-March Irkutsk region mined 2220 kg of ore gold, down by 17% YoY, or by 444 kg. At present gold is mined by Druza, Pervenets, a part of Polyus, and Vysochaishiy. In particular, Druza mined 150.3 kg of gold, down by 5% YoY, Pervenets – 1267.9 kg, down by 1.6% YoY, and Vysochaishiy –…
In 2017 Krasnoyarsk Krai intends to produce 57.7 tons of gold, down by 8.1% YoY. According to the regional ministry of industry, energy and trade, nickel output would grow by 7.3% YoY, to 180 thousand tons. Last year the region yielded 62.8 tons of gold, up by 21.5% YoY, and 167.7 thousand tons of nickel.…
In 2016 the Magadan region mining companies increased gold reserves by 12.9 tons, with 0.9 million tons being alluvial gold and 12 tons – ore gold. Silver reserves increase totaled 37.8 tons. In 2015 gold and silver reserves in the region increased by 12.3 and by 49.4 tons respectively. (Ukrainian metal)
Gold output on the Urup Island of Russia’s Kuril Islands fell by 9.1% YoY, to 1,530 tons in 2016 because of difficult logistics and operations on the uninhabited island, local precious metals producer Kurilgeo said in a statement on April 14. Revenue from the sales of gold rose by 6% YoY, to 4.07 billion rubles…
China Nonferrous Gold Limited, the mineral exploration and mining company currently mining the Pakrut Gold Project in Tajikistan, intends to invest additional $70 million in the development of the deposit. According to the State Committee on Investment and State-owned Property Management of Tajikistan (GosKomInvest), an agreement on development of the Pakrut Gold Project in the…
Russian gold refining companies want value-added tax (VAT) on metal processing abolished and the deadline for abolishing a zero import duty on raw materials that contain precious metals extended to make their operation profitable. Sergei Belov, a deputy CEO for gold refining at Krastsvetmet, said that gold refining plants had import duties on raw materials…