In November Khabarovsk region yielded 1658 kg of gold, down by 1.3% YoY, including 1607.1 kg of ore gold and 50.9 kg of alluvial gold. Since the start of the year gold output has grown by 6.9%, to 23119 kg, including 18997 kg of ore gold and 4122 kg of alluvial gold. Silver output in…
In 2018 Koboldo has extracted 450.9 kg of alluvial gold. The company is developing deposits in Amur region. The output is down by 13% YoY. In 2017 the output was 517.9 kg of gold. (Ukrainian metal)
Three Chinese companies applied for an investment contest for creation of a joint venture at Makmal deposit. All companies contributed $100,000 as a bank guarantee fee and 100,000 soms for a package of information on the project. Thus, the application was filed by Munson Group LLC. The founder and leader of the company is Xu…
Russian VTB Bank agreed to issue a loan of $180 million to Alliance Altyn for the construction of a gold recovery plant and a tailing dump at Jerooy, Director General of the mining company, Mikhail Shubin, declared. According to him, the issue of license pledge for the loan has not yet been resolved. The State…
Russian Platinum won the competition for Jerooy thanks to the best technical and economic proposals, as well as the offer for a license of $100 million (which it paid in June 2015) and the obligation to remove from Kyrgyzstan the court claims for $580 million (the problem was resolved in August of the same year).…
In January-November Chukotka Autonomous District extracted 21753 kg of gold, down by 2% YoY. 19151 kg accounted for ore gold, while 2583 kg for alluvial gold. Ore gold output dropped by 4%, while that of alluvial went up by 11%. Silver extraction fell by 16%, to 99.97 tons. In January-November 2017 Chukotka yielded 22239 kg…
The volume of private investments into the gold-copper deposit Peschanka in Chukotka Autonomous District will reach 268 billion rubles. 3 thousand jobs will be created. The Peschanka JORC resources are 9.5 million tons of copper and 16.5 million ounces of gold. (Ukrainian metal)
In January-November Priisk Solovievsky extracted 2933.9 kg of gold on the territory of Amur region, down by 2.2% YoY. 1992.9 kg accounted for alluvial gold, and the rest (941 kg) for ore gold from the Solovievsky deposit. In 11 months of 2017 the company extracted 2999.4 kg of gold, including 2055.2 kg of alluvial gold…