The government of Uzbekistan has drawn up a plan of prospecting works to increase gold reserves from 2020 to 2024 by 474 tons. According to the plan, the gold reserves have to increase due to the opening and the further development of new gold deposits. As of the end of 2019 the gold reserve has…
In January-February Amur region extracted 2675.8 kg of gold, down by 5.2% YoY. At present only ore gold is mined in the region. Alluvial gold extraction will start in April-May. 5 companies are engaged in gold mining, with Petropavlovsk in the lead. In particular, the company enterprises provided for 85% of the combined gold output.…
Lydian International Limited announced that, in connection with the ongoing blockades of road access to the Amulsar Gold Project, Lydian U.K. Corporation Limited and Lydian Canada Ventures Corporation – subsidiaries of the company – had formally notified the government of Armenia of the existence of disputes with the government under the agreement between the Government…
In 2018 Polymetal increased gold equivalent output by 9% YoY, to 1.562 million ounces. Gold manufacture reached 1.216 million ounces, up by 13%. Silver output fell by 6%, to 25.3 million ounces. In 2019 Polymetal intends to produce 1.55 million ounces of gold and in 2020 – 1.6 million ounces. (Ukrainian metal)
In January-February Irkutsk region mined 2232.9 kg of ore gold, down by 5% YoY. At present only 4 companies are mining for gold in the region. Polyus Verninskoye extracted 1392.3 kg of gold, while the rest (940.6 kg of gold) was extracted by Druza LLC, Vysochaishiy and Ugakhan. This year the region intends to obtain…
TZRK, a part of Vysochaishiy (GV Gold), has won an auction to develop and mine ore gold at the Ergelyakh field. The size of the site is 69.1 square km. The R1 resources are estimated at 0.12 tons, R2 – 0.6 tons and R3 – 9.3 tons. Last year TZRK mined 93 thousand ounces of…
A new player has appeared on the gold-extraction market of Sverdlovsk region. Severouralskaya Mining Company LLC has received a license to prospect and mine gold at the Vilyuiskaya field. The C1 reserves are estimated at 206 kg, and C2 – 377 kg of ore gold. The company has paid 118 million rubles for the right…
In May gold extraction will start at the Polyanka deposit in Khabarovsk region. So far the Resurs LLC has already prepared the crushing complex of the processing factory with the capacity of 600 tons of ore per hour. In the first year of operation it is expected to produce 1.5 tons of gold. The gold…
