Russia’s production of unrefined, semi-refined or powdered gold rose by 8.1% YoY, but fell by 27.1% MoM in January, the Federal State Statistics Service said in a report. In 2019, gold production grew by 17% YoY. No absolute figures were disclosed. (Prime/Ukrainian metal)
In January Chukotka extracted 1763 kg of gold, up by 6% YoY. Silver output dropped by 12%, to 7.6 tons. Kinross Gold accounted for almost all the output – 1169 kg of gold and 7.4 tons of silver. Mayskoye produced 369 kg of gold, Rudnik Valunistiy – 33.2 kg of gold and 237 kg of…
In January Druza LLC produced 80 kg of gold, up by 17% YoY. At present the company is working at the Nevskoye deposit in Irkutsk region only. Alluvial gold season will start in May. This year Druza intends to extract at least 1100 kg of ore gold. Alluvial gold output plans are not revealed. Last…
In 2019 MirBlagMet LLC extracted 103 kg of alluvial gold in Amur region, up from the target of 90 kg. The company owns two licenses to develop deposits at the Bom and Dugda rivers. In 2018 gold output totaled 102 kg. This year the company intends to extract at least 100 kg of alluvial gold.…
Minister of Agriculture and Environmental Protection Levan Davitashvili and head of parliament’s Environmental Protection Committee, Nino Tsilosani have visited the gold mining company RMG Gold and Copper in the village of Kazreti, Kvemo Kartli region, to check how the company met its obligation to decrease pollution. The Dutch Rich Metals Group, which owns RMG Gold…
Russian silver and gold producer Polymetal has raised ore reserves of its Kutyn field more than 2-fold, to 812,000 ounces of gold under the JORC code, the company said in a statement on February 12. “The updated JORC-compliant open-pit ore reserves estimate as of October 1, 2019 comprises 8.4 million tons of ore with an…
In January Priisk Solovievskiy produced 96.98 kg of gold, up by 46.3% YoY. At present gold is extracted only at the Solovievskoye deposit in Amur region. In the first month the company intended to yield 73 kg of gold. Thus, output exceeded the target by 32.8%. Alluvial metal is not extracted yet. Washing will start…
Svetloye, developing a deposit of the same name in Khabarovsk region, in Q4 2019 increased gold output by 14% YoY, to 824 kg. In the entire year the company yielded 4.15 tons of gold. The growth in the output is due to the system of winter watering of ore piles. The company starts watering ore…
