Kyrgyzstan: operation of Kumtor mine to by extended

Operation of Kumtor mine may be extended. This was announced at a meeting of the Prime Minister of Kyrgyzstan Mukhammedkaly Abylgaziev with the President and CEO of Centerra Gold Inc. Scott Perry. According to the Information Support Department of the Government’s Executive Office, the parties discussed issues of the company’s work. In particular, at the…

Kyrgyzstan: government to revise Kumtor agreement

The government of Kyrgyzstan wants to revise a strategic agreement with the Canadian company Centerra Gold Inc. on cooperation on Kumtor project, the Prime Minister of Kyrgyzstan Mukhammedkaly Abylgaziyev announced at a meeting of the Parliament. According to him, the current government is not satisfied with the terms of the agreement signed by the ex-Prime…

Russia: Chukotka gold and silver output down in January-October 2018

In January-October Chukotka Autonomous District yielded 20998 kg of gold, down by 4% YoY.

Ore gold accounted for 18424 kg, down by 6%.

Alluvial gold output totaled 2573 kg, up by 11%.

Silver extraction dropped by 12%, to 96.6 tons. (Ukrainian metal)