Centerra Gold Inc. does not own any Mongolian operations or properties and has not conducted any business in Mongolia since October 2018, Kumtor Gold Company reports. Recently media have announced that Mongolian Court of Appeal has revoked four Centerra Gold licenses in favor of an NGO. In this regard, Kumtor Gold Company would like to…
Several members of the Parliament of Kyrgyzstan demanded to create a commission on Kumtor. Parliamentary speaker Dastanbek Dzhumabekov supported the proposal. The reason is an incident at the mine. Two employees of the enterprise went missing on December 1. The search for them continues. At least 94 rescuers and 38 units of heavy equipment are…
Search for employees, who went missing as a result of a waste rock movement in Lysii area, continues at Kumtor mine, the Ministry of Emergency Situations has reported. According to the ministry, 94 rescuers and 38 units of heavy machinery are involved in the search. The ministry said that the excavation of the descended waste…
In January-November Amur region extracted 24.284 tons of gold, up by 12.4% YoY. In particular, ore gold output reached 15.8 tons, up by 21%, and alluvial gold – 8.483 tons, down by 1%. Petropavlovsk Group was the main extractor of gold, having provided for the output of 13.13 tons. In January-November 2018 Amur region extracted…
On November 21 Polyus Verninskoye gold output exceeded 7 tons, and the next day it beat the whole 2018 output – 7024 kg. The increase in output is due to the replacement of machinery. In particular, the Verninskiy Mining and Processing Works now operates a Komatsu HD-1500-8 trucks with the lifting capacity of 142 tons.…
A headquarters has been created in connection with the situation at Kumtor mine, which includes representatives of relevant government agencies of Kyrgyzstan, the Ministry of Emergencies reports. According to the ministry, 92 rescuers continue to search for two missing employees of the company. According to preliminary information, a dramatic failure occurred at Kumtor mine at…
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…