In January-October, the Vitim Miners Team, developing alluvial gold sites in Irkutsk region, extracted 2175 kg of gold, down by 11% YoY. The decrease was due to the postponement of the alluvial season to May 1 because of pandemic limitations. This year, the enterprise intends to produced 2500 kg of gold. Last year, the output…
In September, Russia exported 25.3 tons of gold, down 2-fold YoY and by 22% MoM. The revenue amounted to $1.4 billion. The main customer was the United Kingdom with 19.1 tons at $1.1 billion. 1.7 tons of gold was exported to Switzerland, 1.6 tons – to India, 1.2 tons – to Germany, 1 ton –…
In January-September, Chukotka produced 18.1 tons of gold. Alluvial gold accounted for 2 tons, up by 211 kg YoY. 18 enterprises extracted alluvial gold in the region. (Ukrainian metal)
Zoloto Kamchatki has produced 40 tons of gold. Aginskiy Mining and Processing Works was the first gold-extracting enterprise in the region, which started mining for ore gold. In 2005-2018, the Aginskoye deposit was its resource base. Since 2018, its base has been the Baranyevskoye deposit. In 2012, Zoloto Kamchatki started developing the Ametistovoye deposit. The…
In January-August, Russia produced 215.07 tons of gold, up by 0.22% YoY. The output of extracted gold dropped by 1%, to 182.62 tons, and auxiliary gold – by 6%, to 10.61 tons, while that of secondary gold grew by 14%, to 21.84 tons. In August, gold production totaled 41.08 tons, up by 7% YoY, with…
PolyMetall LLC from St. Petersburg has become the winner of the auction to develop a deposit on the Munchan Brook in Magadan region. 5 companies competed for the deposit with the reserves of 21 kg of gold. The final bid was 2.04 million rubles, up by 20% from the initial price. (Ukrainian metal)
The Siberian Mining and Metallurgical Alliance (SiGMA) has been granted the right to commission a gold-extracting factory at the Ozernovskoye deposit in Kamchatka. The capacity of the factory will be 140 thousand tons of ore per year, which will allow producing up to 1 ton of gold. In 2024, the second stage is supposed to…
As of early October, Koboldo, developing alluvial gold deposits in Amur region, has extracted 206 kg, down by 31% YoY. The decrease is due to suspension of operation at two sites – at the Gerbichan and the Lower Stoiba Rivers because of the pollution. The company specializing in prospecting and extracting alluvial gold has sites…