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…
Kamchatskoye Zoloto, developing deposits in the Bystrinsky district of Kamchatka region, intends to commission the first stage of the Baranievsky Mine in the second quarter of 2020. The mine is expected to yield 73 thousand tons of ore per year. The second stage, during which the mine will reach the design capacity of 200 thousand…
Centerra Gold Inc. announced that all conditions precedent to the completion of the Strategic Agreement entered into with the Kyrgyz Republic Government on September 11, 2017 had been satisfied or waived and all parties had therefore acknowledged that the First Completion Date (as defined in the Strategic Agreement) had occurred. All parties to the Strategic…
Centerra Gold Inc. and Kumtor Gold Company have summed up their operating results in the first half of 2019. Kumtor Gold Company produced 301,373 ounces or 9,373.76 kg of gold and contributed more than 4.22 billion soms in taxes and mandatory payments. Kumtor produced 151,065 ounces of gold in the second quarter compared to 83,802…
Specialists of Severo-Kavkazskoye manufacturing and geological enterprise, a part of Rosgeologia, have discovered a gold ore interval with the size of 28.4 meters and average gold content of 4.3 g per ton in the central part of the Yuzhno-Podolskoye ore occurrence in the Republic of Bashkortostan. It has been known for 40 years, but has…
