Stangold LLC has started the washing season and intends to extract 60 kg of gold. According to the company, output has remained unchanged since 2017. Since 2011 the company has been annually developing the alluvial gold sites at the Verkhniy Sirik Brook. Reserves are estimated at 96.8 kg of gold. (Ukrainian metal)
Alfa miners team, extracting gold in Khabarovsk region, intends to yield 130 kg this year. Last year the output was 178 kg of gold. In addition to extraction, the enterprise also has a prospecting license. (Ukrainian metal)
In January-April, Irkutsk region extracted 4630.2 kg of ore and alluvial gold, up by 7% YoY. In particular, ore gold accounted for 4304.8 kg, and alluvial gold output totaled 325.4 kg. Polyus Verninskoye extracted the most gold – 2518.4 kg. It is followed by Vysochaishiy with its subsidiary Ugakhan – 859.2 and 646.5 kg of…
Centerra Gold Inc. and Kumtor Gold Company have summed up their operating results in the first quarter of 2019. In the first three months of 2019, Kumtor Gold Company produced 150,308 ounces or 4,675.10 kg of gold and contributed more than 1.51 billion soms in taxes and mandatory payments. Kumtor produced 150,308 ounces of gold…
In April, Vitim started extracting alluvial gold in Irkuts region. In just one month the company has extracted 200.2 kg of gold. At the same time, in April 2018 the company yielded 206 kg of gold. This year Vitim intends to extract 2800 kg of gold. The extraction season will last till November. (Ukrainian metal)
The board of directors of Buryatzoloto, a part of Nordgold, developing the Zun-Kholba and Irokinda deposits in the Republic of Buryatia, decided to transfer licenses to its daughter companies. In particular, Zun-Kholba LLC will be operating at the Zun-Kholbinskoye gold ore deposit as well as prospecting at the Pionerskoye deposit. The company will have 6…
In January-March, Polyus Verninskoye produced 2.08 tons of gold, up by 30% QoQ and by 14% YoY. Average gold content grew by 10% QoQ, to 2.9 g per ton. Rock mining increased by 35%, to 5.6 thousand tons. Ore output totaled 978 thousand tons, up by 51% QoQ. (Ukrainian metal)
Composition of the Board of Directors of Kyrgyzaltyn OJSC has changed. Zamirbek Alymbekov replaced Anvar Estemesov. In addition, Askar Oskombaev (Chairman) and Suerkul Bakirov remained members of the Board of Directors. Suerkul Bakirov became a member of the Board of Directors in December 2018 after Emil Osmonbetov was appointed the Chairman of the State Committee…