Ukraine has retained the zero quotas for the export of raw silver and gold (except for bank metals) and precious metals scrap. Moreover, the licensing of the anthracite exports has been prolonged. The corresponding decision was taken by the Cabinet of Ministers on December 24. (Ukrainian metal)
In January-October the Republic of Sakha (Yakutia) extracted 31.9 tons of gold, up by 59.5% YoY. The increase is due to the growth of output at Aldansky and Olekminsky districts. The annual output plan for the former is 12.5 tons, and for the latter – 6.1 tons. Silver output grew by 50.2%, to 106.4 tons.…
“You need to carefully approach investigation of incident at Kumtor, and not politicize this tragedy,” Ivan Ippolitov, a Russian expert on Central Asia at StanRadar.com said, commenting on possible consequences of the incident at the largest in Kyrgyzstan Kumtor gold mine. “Taking into account the fact that Kyrgyzstan’s long-standing unremitting public attention is riveted on…
The Rostec state corporation will receive a third part of the project to extract gold in Irkutsk region. Analysts find it difficult to estimate the cost of the project, which is still on the level of prospecting, but consider it attractive, taking into account the high gold content in ore. Rostec will receive 35% in…
Russia’s gold output rose by 19.5% YoY, to 232.16 tons in January-August, the Finance Ministry said citing the data on supplies to the refining plants. Mined gold output rose by 10.1%, to 178.71 tons, and by-product gold output increased by 23.3%, to 12.7 tons, while gold scrap production jumped by 88.2%, to 40.75 tons. Russia’s…
Rudnik Karalveyem has become the winner of the auction to sell the Dymny Brook alluvial gold site in Chukotka Autonomous District. The auction was held on December 17. The final price was 10.08 million rubles. The same day another site was auctioned – at the Braslet Brook. The site was purchased by Altai LLC for…
As of December 1, Magadan region has extracted 43.74 tons of gold, up by 8.4 tons YoY. The annual target was 42.7 tons, and it was reached 1 month earlier than planned. Tenkinsky city district yielded the most ore gold – 18.3 tons. Alluvial gold accounted for 18.22 tons, with the Yagodinsky city district yielding…
Polyus Aldan, a unit of the Russian gold producer Polyus, has won a 15-year license to develop the Somnitelnoye gold field in the republic of Yakutia with a 12.76-million ruble bid, according to the results of the auction. The deposit is located 25 kilometers off the city of Aldan and has C1 reserves of 1.254…