In 2019, Kurilgeo LLC, developing gold sites in Sakhalin, received 3.5 billion rubles from the sales, on par with the previous year results. Net profit decreased by 6.4%, to 971.8 million rubles. Tax payments exceeded 1.4 billion rubles, including 1.1 billion rubles of profit tax. Last year, the company produced 1106 kg of gold, down…
In 2019, Priisk Ust-Kara, developing alluvial gold deposits in Zabaikalye region, increased net profit 2.7-fold, to 553.9 million rubles. Revenue grew from 1587.3 million rubles to 2546.1 million rubles. Sales profit increased 2-fold, to 685.9 million rubles. Last year the company extracted 863 kg of gold. This year the output is expected to remain at…
The volume of Azerbaijan’s gold and silver mining industry increased by 23% and by 72% YoY respectively in January-March, the State Statistics Committee reported. Thus, gold mining increased by 23%, to 948.3 kg, while silver mining amounted to 1,193 kg (+73%). The extracted gold and silver have been transferred for processing. As of April 1,…
Gold production at the Kumtor Mine in 2019 was 600,201 ounces or 18,668.35 kg, Centerra Gold Inc. reported. Gold sales in 2019 were 600,231 ounces or 18,669.28 kg with a revenue totaling $827.5 million. Contribution to the national budget in taxes and mandatory payments in 2019 was more than 14.8 billion soms. The Dore bars…
Neryungri-Metallik LLC, a part of Nordgold, in 2019 produced 8.2 tons of refined gold at its Gross mine in Yakutia. The output target was exceeded by 36%. In early 2019, the company expected to produce 5.9 tons of gold last year. The increase is due to the expansion of the factory capacities from 12 million…
In 2019, Russia extracted 367.952 tons of gold, up by 12% YoY. 286.563 tons accounted for extracted gold, up by 9.5%. Auxiliary gold totaled 18.134 tons, up by 17.4%. And the rest accounted for gold-containing concentrates and secondary precious metal. Polyus provided almost a quarter of all ore gold – 88.36 tons, up by 16.4%.…
In 2019, gold-extracting company Priisk Dambuki received 838.7 million rubles of revenue, down by 3.3% YoY. Sales profit grew by 0.6%, to 157.7 million rubles. Net profit increased to 70 million rubles from 45.2 million rubles. (Ukrainian metal)
Priisk Solovievskiy LLC has started washing season at the alluvial gold sites in Amur and Zabaikalye regions. Four dredgers have been commissioned after repairs. Two are operating at the Oldoy quarry in Amur region. Solovievskiy ore deposit is operating in normal mode. In Zabaikalye region, operation has started at the Zabaikalskiy quarry. In January-February, the…
