Kyrgyzstan: KAZ Minerals exports 10 tons of gold concentrate

Since 2015 KAZ Minerals Bozymchak has exported 9,760 tons of gold concentrate from Kyrgyzstan, the State Service for Combating Economic Crimes reported. The audit report of the Accounting Chamber confirmed the data. “In December 2017 the Investigation Department of the State Service for Combating Economic Crimes instituted criminal proceedings under the article “Abuse of power…

Tajikistan: gold output to increase annually

Tajikistan plans to annually increase gold production by 6%. The authorities intend to put new capacities into operation in order to achieve this result. “An annual increase in gold production at 6% due to the commissioning of new industrial capacities and enterprises is envisaged for the period until 2030,” said the Strategy for the Development…

Kyrgyzstan: new factory to be built at Makmal

The project of a gold processing plant in Toguz-Toro district will be drawn up after consultation with the public and carrying out explanatory work with the local residents. This was announced during a meeting of representatives of GL Makmal Developing with the head of the State Agency for Environment Protection and Forestry, Abdykalyk Rustamov. According…

Russia: UEM confirms Ural gold quality

Uralelectromed has demonstrated the highest quality of refined gold, having confirmed its international status of Good delivery.

The status has to be confirmed by LBMA members every three years.

Uralelectromed has been a member of LBMA since 2006.

For three years UEM has been producing 10.5 tons of gold per year. (Ukrainian metal)

Tajikistan: TALCO to start mining gold

TALCO Gold plans to construct a precious metals extracting and processing works in the north of Tajikistan. Construction is expected to have been completed by the end of 2019. Around 1 thousand jobs will be created. TALCOo Gold is a part of Talco. The latter received the gold deposits on the territory of Aynin district…

Russia: gold output up in January-April 2018

In January-April Russia increased raw and semi-raw gold, or in powder form output by 2% YoY.

According to Rosstat, in April gold output grew by 14.1% YoY.

At the same time, gold manufacture dropped by 8.3% MoM. (Ukrainian metal)

Russia: Primorzoloto to construct gold-extracting factory in the Far East

Within the Freeport of Vladivostok project, Primorzoloto plans to construct a gold-extracting factory.

Investor intends to construct two quarries.

Gold-bearing ore will be delivered to the factory with the capacity of 500 thousand tons of ore per year.

It is expected to obtain 64.5 tons of gold under the project. (Ukrainian metal)

Russia: KAP extracts 50 kg of gold

Since the start of the year Kanchalan-Amguem Area LLC (KAP) has extracted 50.2 kg of gold at the Gorny site in Chukotka. Silver output totaled 225 kg. By the end of Q2 the company intends to have mined 505 kg of gold. The company started operating at the site in January. Its resources are estimated…