In April-June, Verninskoye deposit yielded 2115 kg of refined gold, almost on par with the Q1 results. Dore gold output went up from 2021 kg to 2239 kg, mostly due to the increase in processing. Average gold content in ore was 2.11 g per ton as opposed to 1.99 g in Q1. Processing increased by…
Altynalmas has put into operation a gold-extracting factory “Dolinnoye” at the Aktogay site in Karaganda region. The capacity of the factory will be 2.5 million tons of ore per year. With the commissioning of Dolinnoye, Altynalmas processing capacities at Aktogay increase to 5.2 million tons of ore and rock excavation – to 50 million tons.…
Gold production of Russia’s Polyus rose by 16% QoQ, to 690,400 ounces in April-June, the company said in a statement on July 16. Sales revenue grew by 33%, to $1.148 billion, while the average price stood at $1,723 per ounce. Net debt fell to $2.506 billion from $3.056 billion. (Prime/Ukrainian metal)
In the industrial season of 2020, the Baldja miners’ team intends to extract 420 kg of gold at the alluvial deposits in Zabaikalye region. Last year, together with contractors from China the team yielded 1045 kg of gold. This year, however, due to the pandemic, the company will be developing its sites on its own,…
Russia’s gold output rose by 3.8% YoY, to 81.27 tons in January-April, the Finance Ministry said quoting supplies to the refining plants. Mined gold output rose by 7.1%, to 65.87 tons, while by-product gold output decreased by 6.7%, to 5.6 tons, with gold scrap production down by 8.9%, to 9.8 tons. Russia’s silver output decreased…
Since the start of the washing season in Irkutsk region, Retkon has extracted 142.5 kg of alluvial gold, down by 18% YoY. The company is developing deposits in the Bodaybinsky district. Until the end of the year the company intends to extract 600 kg of alluvial gold. Last year, with the target of 550 kg,…
In June, the miners team Vitim, developing alluvial gold sites in Irkutsk region, extracted 302 kg of the precious metal. Since the start of the washing season, the enterprise has extracted 715 kg of gold, down by 19% YoY. This year Vitim intends to extract 2500 kg of gold. Thus, so far the target has…
In January-June, Irkutsk region extracted 10448 kg of gold, up by 8% YoY. Ore gold accounted for 7865 kg (+15) and alluvial gold – 2583 kg (-11%). At present 22 enterprises are extracting gold in the region. This year it is expected to extract 24737 kg of gold, including 15278 kg of ore gold and…