In January-September Mangazeya Mining Ltd produced 26.728 thousand ounces of gold, up by 40% YoY. The company is operating at the Savkinskoye and Kochkovskoye gold ore deposits in Zabaikalye region. In 9 months some 8.66 thousand ounces of gold were mined at the Savkinskoye deposit, down by 39.7% YoY, because of the drop in ore…
In November the Tau-Ken Altyn gold-processing works reached its design capacity – 25 tons of gold. This year some 27 tons of gold are expected to be processed, or 108% of the target. In 6 years the company has processed over 92 tons of gold, with 80.83 tons delivered to the National Bank. The construction…
Gold production rose by 10.92% YoY, to 268.638 tons, in January-September, the Union of Gold Producers of Russia said in a report on December 2. Mined gold production increased by 9.6%, to 213.518 tons, and by-product gold production by 11.1%, to 12.99 tons, while gold scrap production grew by 13.2%, to 28.417 tons, and gold…
A shift of dumps occurred at one of the working sections of Kumtor mine on December 1 at about 5.30 am. As a result, according to preliminary data, two people – employees of the company – went missing. According to Kumtor Gold Company, search for the missing is underway. Law enforcement authorities and the Ministry…
Pavlik Gold Company, operating at the deposit of the same name in the Magadan region, has concluded a 7-year agreement with Gazprombank Leasing on the purchase of mining machinery. The machinery will be purchased due to the increased capacity of the factory (from 5 to 10 million tons per year). Until 2022 gold output is…
Prime Minister of Kyrgyzstan Mukhammedkaly Abylgaziev has met with Centerra Gold Inc. President Scott Perry, the Information Support Department of the Government’s Office of the Kyrgyz Republic has reported. During the meeting, the parties discussed issues of the work of Centerra Gold Inc. and Kumtor, taking into account the entry into force of a strategic…
In January-September Khabarovsk region produced 21.7 tons of gold, up by 1.2% YoY. Last year the overall output totaled 24.8 tons, which became an absolute record in the region. 17.5 tons of ore gold were extracted this year, spurred by the commissioning of the Polyanka deposit, which since September had yielded 623 kg of gold.…
A gold-leaching and extracting plant will be built in Kostanay region. Investments will reach $25 million. Some 300 jobs will be created. The plant is expected to start operating in 2021. This year gold ore extraction in the region grew by 52% or by 1 million tons. (Ukrainian metal)
