Kazakhstan: German company to build gold mining enterprise

German company Aurum Deutschland AG will build a mining and metallurgical plant in the Kordai district of the Zhambyl region. The major construction project was discussed at a meeting of Zhambyl regional administration with representatives of German business. The idea of ​​the project arose after Nursultan Nazarbayev urged German investors to invest in Kazakhstani projects…

Belarus: gold extraction talks with Sudan to resume

Belarus will resume negotiations with Sudan on the second site for gold extraction after the situation in the country is stabilized, Belarusian Natural Resources and Environmental Protection Minister Andrei Khudyk declared. The second site has been chosen but conditions for using it have not been totally agreed upon. “We will definitely keep an eye on…

Russia: Priisk Solovievskiy gold output down in Q1 2019

In March, Priisk Solovievskiy extracted 54.2 kg of ore gold.

Since the start of the year the output totaled 154.4 kg, down by 29.8% YoY.

At present the enterprise is operating at the Solovievskoye gold ore deposit.

Alluvial sites development will start in May. (Ukrainian metal)

Russia: Chukotka silver output down in Q1 2019

In January-March, Chukotka Autonomous District extracted 5315 kg of gold, almost unchanged YoY. Silver output dropped by 6.6%, to 25.6 tons. At present 5 enterprises are mining gold in the region: Chukotka Mining and Geological Company, Severnoye Zoloto LLC, Mayskoye LLC, Rudnik Karalveyem and Rudnik Valunistiy LLC. Alluvial gold extraction will last from May till…

Russia: Polyus gold reserves down in 2018

The gold ore reserves of Russia’s Polyus fell by 4.7%, to 64.4 million ounces as of December 31, 2018, as calculated under the JORC Code, the company said.

Mineral resources rose by 0.8%, to 191.5 million ounces. (Prime/Ukrainian metal)