Ukraine: gold extractor gets new owners

Alexander Nastenko and Vitaliy Yakimenko have become new owners of the Lira Mining Minerals LLC, which has a special license to mine gold ore in Kirovograd region. In September 2019 the State Service of Geology and Subsoil issued a special license No. 6371 to mine for natural resources at the Central and Gubovsky sites of…

Kyrgyzstan: 35 bags of gold-containing product tried to be taken out from mine

Anti-Corruption Service of the State Committee for National Security of Kyrgyzstan revealed facts of systematic thefts at Solton-Sary mine, press center of the state committee reported. According to it, officials were involved in the theft of a gold-bearing industrial product from Solton-Sary gold processing plant. It was found out that company officials were systematically involved…

Kyrgyzstan: politicization of incident at Kumtor to end badly

“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…

Russia: Rostec to increase gold projects

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…