According to the authorities of the Magadan region, as of January 1, there were 168 enterprises with license for subsoil use in the region. Of them 100 were developing alluvial gold and 9 – ore gold and silver. Last year 37 tons of gold were extracted, up by 4 tons YoY. In 2 years gold…
The State Expertise Service has approved the project to develop the ore zone No. 1 of the gold-silver deposit Dvoynoye. The site is situated in Chukotka and will be developed by Severnoye zoloto LLC, a part of Kinross Gold. The company intends to mine 230 thousand tons of ore per year at the site. The…
In 2018 Yakutia became one of the three largest gold extractors in Russia. The output has reached 29.5 tons, up by 20% YoY. Aldansky district yielded 12.75 tons of gold. The Sakha Gold Mining extracted 17.4 thousand ounces of alluvial gold last year. Polyus Aldan mined 6.209 tons of gold. (Ukrainian metal)
Following prospecting works in 2018, DVGK LLC intends to increase the gold reserves in the central part of Bolotistoye deposit by some 13 tons. When the reserves are approved, the company will start prospecting at other sites, as well as searching for an investor to construct a mining and processing works. Taking into account the…
This year the Novaya extracting team, which develops deposits in Yakutia, intends to extract 150 of gold. Last year the yield was 224 kg, up by 4 kg from the target. In 2019 the company will be developing two sites – Nizhnyaya Amunakta and Tangrak. In 2017 the team extracted 382.6 kg of gold. (Ukrainian…
In 2018 Russia produced 314.42 tons of gold and 1119.5 tons of silver, up by 4.2% and by 7.2% YoY respectively. Most of the gold produced is purchased by the Central bank. Last year it bought 8.8 million ounces of gold (273.7 tons). (Ukrainian metal)
A subsidiary of the state holding Rosgeologia has obtained all the necessary permits on the project to study the Gitche-Tyrnyauzskoye ore field. The corresponding state contract was concluded last summer. The size of the field in Kabardino-Balkaria is 1.7 square km. The project will be carried out till the end of 2020. (Ukrainian metal)
Last year Khabarovsk region yielded 24.8 tons of gold, up by 1652 kg YoY. This is also the best result for the region ever. Khabarovsk region is still the only region in Russia to develop tin ore deposits. In 2018 it mined 1.5 tons of tin. Silver output totaled 62.2 tons, and platinum – 228…
