Russian precious metals producer Polymetal International increased gold production by 25% YoY, to 1.005 million ounces, while silver output fell by 16%, to 16.4 million ounces in January-September. “Continued strong performance at Kyzyl is driving our production dynamics. We now expect to exceed our full-year production guidance (of 1.55 million ounces by up to 50,000…
In January-September gold output in Magadan region increased. In particular, as of October 1 the region has extracted 36.1 tons of gold, up by 6.3 tons YoY. Silver output totaled 492.8 tons. Tenkinsky City District mined the most ore gold – 14.5 tons. Alluvial gold accounted for 15.8 tons, with Yagodinsky City District yielding 6.2…
In January-September Petropavlovsk PLC produced 342.3 thousand ounces of gold, up by 23.4% YoY. The increase is due to the growth of output at Malomyr and Albyn mines because of the higher gold content in ore, as well as processing of concentrate at Pokrovsky combine, which started in July. This year Petropavlovsk intends to produce…
The combined gold production of companies in Magadan region rose by 21% YoY, to 36.1 tons in January-September, the region’s government said in a statement on October 22. The region’s Tenkinsky City District is the leading gold producer with an output of 14.5 tons. Production of alluvial gold amounted to 15.8 tons in the period,…
In January-September Seligdar excavated 20.2 million cubic meters of rock, up by 33% YoY. Ore output totaled 9422 thousand tons, up by 2%, and sands grew from 100 to 166 thousand cubic meters. Gold manufacture went up by 15%, to 4870 kg. Gold sales grew by 28%, to 5019 kg. Sales revenue totaled 14.8 billion…
This season Dalnevostochniye Resursy Company has extracted 1,046 kg of alluvial gold. Compared with the previous year the output remained unchanged. The company operates in Khabarovsk region. “This year we washed at 5 deposits. At the start of the season we expected to obtain 986 kg of gold, but we were able to exceed the…
Five dams of LLC Sisim, a part of the Russian gold producer Sibzoloto, constructed illegally in the Krasnoyarsk region collapsed on October 19, flooding the workers’ settlement and killing at least 15 workers, according to the statements of the Investigative Committee. Sisim produced alluvial gold on the Seiba River, and five dams of their technological…
Shokpar and Gagarinskoye deposits have the reserves of over 21 tons of gold and 135 tons of silver. The reserves have been added to the state balance. In particular, the C1+C2 reserves of Gagarinskoye deposit amount to 2257.4 thousand tons of ore, 10104.3 kg of gold with the average content of 4.48 g per ton…