Kazakhstan’s production of unwrought gold, semi-worked gold or gold in powder form reached 88,491 kg in January-November showing an increase of 14.1% as compared to the same period of 2017, the Statistics Committee of the National Economy Ministry of Kazakhstan reports. In the accounting period production of unwrought silver, semi-worked silver or silver in powder…
Goldregion LLC, developing alluvial gold deposits in Amur region, this year has extracted 64 kg of the precious metal, down by 20% from the target. This year the company has been traditionally washing gold-bearing sands at the Malaya Gelenka Brook. Due to the violations of the environment legislation the operation of the company was suspended…
Government of Kyrgyzstan is interested in the operation of Kumtor, the President Sooronbai Jeenbekov told at a press conference. He noted that Kumtor took an important place in the country’s economy. “We, of course, are not afraid to sue, denounce and raise the issue of the nationalization of Kumtor. But this is not a solution.…
Manson Group Company has won the competition to create a joint venture on the basis of the branch of Makmalzoloto industrial combine, press service of Kyrgyzaltyn OJSC reported. According to it, applications were submitted by three companies – Manson Group, Shynkykiyuan Frunze and Central Asian Metallcom companies. All of them suggested creating a joint venture…
The South-Caucasus Railroad and GPMGold have signed an agreement to organize gold-bearing ore transportation from the Sotskoye deposit to Ararat Gold-Extracting Factory. According to the document, the volume of ore to be transported over 269 km is 1.5 million tons, up by 10% YoY. Last year 1.18 million tons of ore were transported. Since 2008…
In 2018 Yakutia is expected to extract 26 tons of gold, up by 1.2 tons YoY. Last year the output was 24.788 tons. By 2024 the local government expects to have entered the top-3 regions in Russia in gold output. (Ukrainian metal)
In 2018 Rosszoloto LLC extracted 677.3 kg of gold, up by 31.8% YoY. The company is developing alluvial gold deposits in Amur region. The increase in the output began in 2016. While that year the enterprise washed 313 kg of gold, in 2017 the result was 514 kg. The company founded in 2003 has 10…
In January-November Chukotka Autonomous District extracted 21.735 tons of gold and 100 tons of silver. 5 companies were mining for gold. Kupol deposit yielded 9033 kg of gold and 88269 kg of silver. Alluvial gold output grew by 256 kg, to 2583 kg. (Ukrainian metal)