In January-March, Khabarovsk region yielded 4086.5 kg of gold, down by 4.4% YoY. This year, gold output is expected to reach 25.1 tons, up by 2%. Operation at alluvial sites will begin in May. (Ukrainian metal)
In January-March, Kamchatka yielded 1610.7 kg of gold, up by 30% YoY. Silver output grew by 13%, to 6.7 tons. In particular, Trevozhnoye Zarevo extracted 292.7 kg of gold, up by 37.2%, Ametistovoye – 693 kg, up by 5.3%, and Kamchatskoye Zoloto – 242 kg, up by 14.2%. SiGMA increased output 3-fold, to 383 kg.…
GeoProMining has bought controlling shares of the Vismut company, which owns a license to develop the Zhelezniy Kryazh deposit in the Zabaikalye region with the reserves of 830 thousand ounces (25.8 tons) of gold. The company spent around 1 billion rubles on the purchase. Earlier, the 100% share was owned by Emelido Ltd, Cyprus. In…
In January-March, Chukotka yielded 4,714 kg of ore gold and 23.9 tons of silver. Alluvial season will start in May. Compared with Q1 2020, gold output decreased by 11.5%, while silver remained unchanged. In particular, Chukotskaya Mining and Geological Company at the Kupol deposit extracted 272.9 kg of gold and 22.4 tons of silver, ZK…
Buryatzoloto, a part of Nordgold, has signed an agreement to sell its Zun-Kholba LLC mine to Chesio Limited. In 2020, the mine yielded 7.3 thousand ounces (0.3 tons) of gold. The mine has been operating for 35 years (since 1986) and now its reserves are much depleted. Buryatzoloto also owns the Irokinda mine employing over…
MirBlagMet LLC has set its output target for this year on the level of 90 kg of alluvial gold. The company is developing deposits in Amur region. In particular, the gold is extracted at the Bom River and the Dugda River. Sand washing will begin in late May. In 2020, the company extracted 84.5 kg…
Goldregion LLC, developing alluvial gold deposits in Amur region, intends to extract 80 kg of gold this year. The company owns a license to develop the Malaya Gelenka deposit and is prospecting at the Asmakan site. Sand washing will start in late May – early June. Last year, the company extracted 77 kg of gold.…
In 2020, VTB provided 2.5 billion rubles to gold extractors of Yakutia, up by 2% YoY. The volume of precious metals bought in Yakutia grew by 9%, to over 4 tons, including 3.7 tons of gold (+4%) and 0.3 tons of silver (+125%). “In the corona-stricken year of 2020, the prices of gold and other…
