In 2019 the gold-extracting factory of Polyus Aldan, which operates on the territory of the Kuranakh ore field in Yakutia, intends to process 5.6 million tons of ore with the average content of 1.2 g of gold per ton. In March the record volume of gold was received – 1 ton. By the end of…
Highland Gold Mining has postponed the commissioning of the Kekura gold ore deposit in Chukotka from 2021 to 2023. Last year the reserves were estimated at 2 million ounces of gold with the average content of 7 g per ton. According to the development plan, in the first 8 years of operation the average gold…
This year the Brindakit LLC, developing alluvial gold sites in the Republic of Sakha (Yakutia), has decreased its annual target by 9.8% YoY. In particular, this year the enterprise intends to extract 92 kg of gold, while last year the output was 102 kg. The decrease has to do with the thinning of alluvial nodes.…
In 2019 Orion Group+ LLC, developing alluvial sites in the Republic of Sakha (Yakutia), intends to extract 90 kg of gold. The company is operating at the Nizhnyaya Jelinda river site. In 2018 because of the problems with financing the company started development later than expected and extracted only 54 kg of gold, or 60%…
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…