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…
Rescue operations to search for two mineworkers, who went missing as a result of a movement of waste rock dumps near Lysii area on December 1, 2019, were stopped. The decision to stop the search operation was made with the consent of the relatives of the missing employees. Kumtor Gold Company said in an official…
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…
In January-September Kurilgeo LLC, extracting precious metals on the Urup isle, increased gold output by 12% YoY, to 856 kg, and silver – by 40%, to 3.3 tons. The increase is due to the mining of ore with high metal content. This year Kurilgeo intends to extract 1065.7 kg of gold and 3267.7 kg of…
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…
