In January-April, Amur region yielded 4210.9 kg of gold, down by 20.3% YoY. In particular, Petropavlovsk decreased output. Thus, Malomyrskiy Mine LLC and Albynskiy Mine LLC extracted 1491.1 kg and 396.9 kg respectively, down by 2% and by 76%. Pokrovskiy Mine extracted 856.8 kg of gold, down by 29%. TEMI LLC, also a part of…
This year, the gold-extracting company Podgolechniy, a part of Seligdar, intends to produce 173 kg of gold. The company will process 500 thousand tons of ore from the Yasnaya Polyana deposit in the Republic of Sakha (Yakutia). Seligdar acquired the deposit in 2018. Its S1 reserves amount to 287.02 kg of gold and R1 to…
In January-March, Kyrgyzstan exported 2.448 tons of gold valued at $140.3 million as opposed to 4.183 tons at $212.9 million in Q1 2020. In 2020, the state already expected the decrease in gold output. According to the Ministry of Economy, this year Kumtor will decrease output by 4.3% mostly due to lower gold content in…
As of May 4, Irkutsk region produced 4439.6 kg of gold, down by 23% YoY. In particular, ore gold output decreased by 19%, to 4358.6 kg. Polyus Verninskoye produced 2801.3 kg, Vysochaishiy – 644 kg and its Ugakhan enterprise – 590.2 kg, while Druza – 323.1 kg. Alluvial season started in April, and the output…
In January-March, Russia produced 58.02 tons of gold, down by 4.6% YoY. The share of extracted gold was 80.7%, or 46.85 tons, down by 2.6%. Amur region demonstrated the largest drop – to 3.8 tons from 6.6 tons in Q1 2020. Krasnoyarsk region produced the most gold – 11.8 tons, up by 0.6%, followed by…
The British Orsu Metals, developing the Sergeyevskiy gold ore deposit in Zabaikalskiy region, has backed out of buying the Rudnik Aleksandrovskiy, which develops a deposit with the same name in the region. The companies earlier had a deal to sell the Aleksandrovskiy Mining and Processing Works. Moreover, the Sergeyevskoye ore was even processed at the…
This year the Okhotskaya Mining and Geological Company has started mining ore at the Kundumi deposit in Khabarovsk region. In January-March, the company extracted 103.8 thousand tons of ore. Gold content is estimated at 1.09 tons and silver – 1.2 tons. The deposit will become a resource base for the Khakanjinskiy Mining and Processing Works.…
In 2020, Kurilgeo LLC produced 1.184 tons of gold, up by 7.1% YoY. The increase was due to the growth of ore extraction by 5.5%, to 728 thousand tons, and the gold content increase of 32.5%. Silver output decreased by 34%, to 2.767 thousand tons. Last year, the company invested 36.9 million rubles in the…
