Russia: Nizhneyakokitsky Works yields 500 kg of gold

In January-June Nizhneyakokitsky Mining Works extracted 500 kg of gold. These are the best results among Seligdar enterprises. In 2006 within the project to develop Nizhneyakokitskoye ore field a new enterprise was created – Zoloto Seligdara – on the basis of the Seligdar miners team, which had been developing alluvial sites since 1975. But the…

Russia: Buryatia yields 2.1 tons of gold

In January-June the Republic of Buryatia extracted 2128.9 kg of gold, on the previous year level.

At the same time ore gold output increased by 8% YoY, to 1712.8 kg, while that of alluvial gold dropped by 24%, to 416.1 kg.

Last year the republic yielded 5677.9 kg of gold. (Ukrainian metal)

Russia: Rosgeologia to look for gold in Kabardino-Balkaria

Rosgeologia will carry our prospecting works for ore gold on Levoberezhnoye ore field.

The corresponding agreement has been concluded in summer.

The site with the size of 6.62 square km is situated in the Cherek district of the Republic of Kabardino-Balkaria.

The project is to be completed by early 2021. (Ukrainian metal)

Russia: Yakutia gold output up in H1 2018

In January-June the Republic of Yakutia increased gold output by 16% YoY, to 8055.26 kg.

Moreover, the output is 3.5% above the half-year target.

This year Yakutia intends to obtain 25 tons of gold. (Ukrainian metal)

Russia: Omega extracts 250 kg of gold

Since the start of the washing season Omega LLC has extracted 250 kg of alluvial gold. The company is operating in the Republic of Sakha (Yakutia). This year the company is working at three sites, but the main amount of gold was obtained at the Lazo deposits. In 2018 Omega intends to extract 300 kg…

Russia: Rise obtains 250 kg of gold

Since the start of the season Rise LLC, a gold-extracting company of the Magadan region, has obtained over 250 kg of the precious metal. The plan for this year is 700 kg of alluvial gold. Last year the company yielded 569.5 kg of gold. The company is operating at two sites – the Pravaya Vizualnaya…

Russia: Polyus gold output up in Q2 2018

The gold production of Russia’s Polyus increased by 23% YoY, to 602,000 ounces in April-June, the company said in a statement on July 24.

In January-June the output rose by 18% YoY, to 1.109 million ounces.

Sales increased by 6%, to $1.291 billion at the average price of $1.317 per ounce. (Prime/Ukrainian metal)

Russia: Rosgeologia to inspect gold-promising site in Magadan region

Rosgeologia will carry out prospecting works within the Petenikanskaya field.

The site is in the Magadan region.

The total size of the site to be inspected is 470 square km.

The project has to be carried out by the end of 2020. (Ukrainian metal)

Kyrgyzstan: First Longstop Date under strategic agreement on Kumtor repeatedly extended

Centerra Gold Inc. has agreed with the Government of the Kyrgyz Republic to further extend the First Longstop Date under the Strategic Agreement for Environmental Protection and Investment Promotion previously entered into with the Government of the Kyrgyz Republic on September 11, 2017. The First Longstop Date under the Strategic Agreement originally expired on April…

Belarus: specialists searching for gold in Sudan

Belarusian specialists are busy doing geological prospecting work for the sake of gold extraction in Sudan, Belarusian Deputy Natural Resources and Environmental Protection Minister Andrei Khmel reported on July 19. The agreement on inviting Belarusian specialists to search for and extract gold in Sudan was reached as Belarus President Alexander Lukashenko visited the country. “A…

Kazakhstan: gold production up in H1 2018

In January-June an overall production of unwrought gold and semi-processed gold or in powder form reached 44,965 kg, up by 8.4% YoY, Statistics Committee of the National Economy Ministry of Kazakhstan reports. In the accounting period gross output of unwrought and semi-processed silver or in the powder form made 494,145 kg, down by 9.3%. (Kazinform/Ukrainian…

Russia: gold output down in June 2018

Russia’s production of finished, semi-finished, and powdered gold fell by 13% YoY but rose by 26.5% MoM in June, the Federal State Statistics Service said in a report. In January-June gold production decreased by 1.2% YoY. Previously, absolute figures on production of non-ferrous metals were a state secret. The figures are no longer classified, but…

Russia: Ametistovoye produces 10 tons of gold

Ametistovoye Mining and Processing Works was put into operation in September 2015. In three years a lot has been done to develop the works. As the result, now the GOK is the largest gold-extracting enterprise in Kamchatka. Its capacity is 600 thousand tons of ore per year. Recently the enterprise has produced the 10th ton…