In January-March, Amur region extracted 3966.9 kg of gold, down by 6.5% YoY. 3 Petropavlovsk enterprises provided for the most output. Thus, Malomyr mine extracted 1383.8 kg of gold, up by 60%. Albyn saw the growth of 5%, to 1284 kg. But Pokrovskiy mine decreased output by 51%, to 681.4 kg due to the depletion…
In March, Priisk Solovievskiy extracted 54.2 kg of ore gold. Since the start of the year the output totaled 154.4 kg, down by 29.8% YoY. At present the enterprise is operating at the Solovievskoye gold ore deposit. Alluvial sites development will start in May. (Ukrainian metal)
Lydian International Limited announced the Administrative Court of Armenia ruled in favor of Lydian and instructed the Armenian Police to remove trespassers and their property from the company’s Amulsar Project site and assure Lydian free passage to Amulsar. On September 20, 2018, Lydian filed an appeal with the Administrative Court of Armenia to have the…
In 2019 the Kekura deposit in Chukotka Autonomous District is expected to start yielding gold. The license to develop the deposit is owned by Bazovyye metally, a part of HGM. As of January 1, 2018 the JORC reserves totaled 2 million ounces of gold with an average content of 7 g per ton. Mineral resources…
In January-March, Chukotka Autonomous District extracted 5315 kg of gold, almost unchanged YoY. Silver output dropped by 6.6%, to 25.6 tons. At present 5 enterprises are mining gold in the region: Chukotka Mining and Geological Company, Severnoye Zoloto LLC, Mayskoye LLC, Rudnik Karalveyem and Rudnik Valunistiy LLC. Alluvial gold extraction will last from May till…
In March, Electrum Plus LLC, a part of Susumanzoloto, extracted 35.5 kg of gold at the Vetrenskoye mine in Magadan region. The combined result for the first quarter is 95.1 kg of gold with the target at 72 kg. At the same time YoY results dropped – in Q1 2018 Electrum Plus produced 96.8 kg…
The first exchange trades on the sale of gold were held at the Uzbek Commodity Exchange (UZEX). The Almalyk Mining Metallurgical Complex acted as the gold seller. Following the auction, 600 grams of Au-1 gold were sold for more than 209 million soums. The exchange quotation was fixed almost at the starting price level and…
In 2018 investments in prospecting on the territory of the Khabarovsk region totaled 3.5 billion rubles, of which 2.9 billion rubles were invested by private companies, and 574 million rubles spent from the federal budget. Gold reserves grew by 24 tons. At present 62 enterprises are engaged in the prospecting of precious metals in the…
