In 2019 Pavlik intends to extract 7 tons of gold, up by 6% YoY. The output capacity of the mining and processing works will remain the same – 5 million tons of ore per year. Last year the rate of the gold extraction from ore reached 80%. Thus the enterprise produced the record high 6.6…
In January-February, the volume of production of raw and semi-processed gold or in powder form was 14,315 kg in Kazakhstan, up by 5% YoY, the Committee on Statistics of the Ministry of National Economy reported. In the reporting period, the volume of production of raw and semi-processed silver or in the form of powder amounted…
Nergeoprom LLC has started excavating works in Zabaikalye region. Its quota for this year is 600 kg, but the company intends to extract some 650 kg of alluvial gold. Last year the company yielded 571 kg of gold with the target of 550 kg. In 2019 Nergeoprom will be operating at three sites: Urulga, Zharcha…
This year Geologorazvedochnaya Ekspeditsia No. 324 LLC intends to extract 120 kg of alluvial gold, down by 20% YoY. “Last year we did not reach our output target. Because of the bad weather we extracted only 65 kg at two sites – Sazhenka and Shirokiy Brook – instead of 150 kg that we planned”, the…
Illegal business activity during development of alluvial gold deposits was revealed in Toktogul district of Jalal-Abad region of Kyrgyzstan, the State Service for Combating Economic Crimes reported. According to it, the State Committee for Industry, Energy and Subsoil Use banned alluvial gold mining operations before submitting a temporary certificate for the right to use the…
The Krasnoyarsk region subsidiary of the State Expertise Service of Russia has approved the project to construct a site to process gravitation gold-bearing concentrate in Zabaikalye. It is expected to process 3 tons of gold-containing raw materials per day. The complex is expected to be operating for 14 years. (Ukrainian metal)
Gold production at Kumtor mine in 2018 was 534,563 ounces or 16,626.78 kg, Public Relations Department at Kumtor Gold Company reports. Gold sales in 2018 were 530,448 ounces or 16,498.79 kg with a revenue totaling $660.1 million. Contribution to the national budget in taxes and mandatory payments in 2018 is more than 9.6 billion soms.…
In January-February Uzbekistan exported $3 billion worth of products, up by 20.4% YoY. $1.2 billion accounted for gold. During the whole 2018 Uzbekistan exported $2.9 billion worth of gold. (Ukrainian metal)