As of August 15 Ksenievsky Priisk has extracted 925.01 kg of alluvial gold in Zabaikalye region, up by 41% YoY. The growth is explained with successful preparation of sites in 2018. This year the company intends to extract 1300 kg of gold. Thus, the target for the year has already been 71% fulfilled. The company…
One of the main requirements that the government of Kyrgyzstan puts for investors is protection of environment, the Prime Minister Mukhammedkaly Abylgaziev stated during his working trip to Jalal-Abad region, the Information Support Department of the Government’s Office said. The prime minister visited Eti Bakyr Tereksai mining enterprise, which is developing a group of Terek,…
Russian gold production rose by 12.9% YoY and by 10.6% MoM in July, the Federal State Statistics Service said in a report. In January-July gold production grew by 21.5% YoY. No absolute figures were disclosed. (Prime/Ukrainian metal)
In January-June Ksenievsky Priisk, operating in Zabaikalye region, received 321.895 million rubles of net profit, up 6-fold YoY. Revenue grew by 145.5%, to 1.362 billion rubles, and sales profit – 4.3-fold, to 447.538 million rubles. As of June 30, the company has increased gold output by 45.1% YoY, to 469.27 kg. This year it plans…
Prime Minister of Kyrgyzstan Mukhammedkaly Abylgaziev during his working trip to Jalal-Abad region took part in the ceremony of opening Kichi-Chaarat concentration plant in Chatkal district, the Information Support Department of the Government’s Office of the Kyrgyz Republic reported. Kichi-Chaarat CJSC, established in 2008, is located in the rural district Kanysh-Kiya of Chatkal district. Upon…
Lydian International Limited announced that the company was “relieved” and “heartened” after the release of a report on the environmental audit conducted by “Earth Link & Advanced Resources Development” on the Amulsar Project. Edward Sellers, Interim President & CEO of Lydian, commented: “We are relieved that the Audit Report has been made public, as the…
In January-June Kurilgeo LLC, developing gold and silver deposits on the island of Urup, increased precious metals output. Thus, the company has extracted 510.6 kg of gold, up by 48% YoY. Silver output increase totaled 63%, to 2371 kg. At the same time ore mining dropped by 16%, to 298.5 thousand tons. Revenue reached 1.474…
In January-June Priisk Dambuki net profit amounted to 84.8 million rubles, up from 83 thousand rubles last year. Revenue grew 10.2-fold, to 241.1 million rubles. Sales profit increased 12-fold, to 131.9 million rubles. EBITDA was 107 million rubles, up from 339 thousand rubles. As of August 8 the company has extracted 245 kg of gold…