Russia: Kamchatskoye Zoloto becomes Kamchatka resident

Kamchatskoye Zoloto has become a resident of the territory of advanced development Kamchatka. The process has been carried out in stages. The company will carry out a project to modernize and develop Zolotoye, Kungurtsevskoye, Uglovoye and Baranievskoye gold deposits in 2019-2034. Some 2.15 billion rubles will be invested. In 10 years budgets of all levels…

Russia: Seligdar gold output up in 2018

This year Seligdar has extracted 6 tons of gold, up by 30% YoY. “The considerable growth of the gold-extracting division was the result of the holding investments in the development of capacities”, Seligdar president Konstantin Beirit declared. The long-term strategy adopted in 2018 presupposes reaching the annual output of 10 tons of gold in 7…