Polyus has started preparations for the preliminary estimation of the Sukhoy Log gold-ore deposit in Irkutsk region. The company intends to have received all the information by late 2018 and the estimation of reserves in 2020. In January 2017 the SL Zoloto LLC, a daughter company of Polyus, won the auction to develop the largest…
As of October 1 the Sibir team LLC, extracting alluvial gold in Irkutsk region, has washed 59.9 kg of the precious metal. The plan for this year is 145 kg of gold. Thus, the annual plan is only 41.4% complete. Last year, as of October 1, the enterprise yielded 100.1 kg. And in the whole…
According to preliminary data, Makmal field will have been put up for competition by November 1, the Deputy Chairman of the State Committee for Industry, Energy and Subsoil Use of Kyrgyzstan Suyuntbek Alikeyev announced. According to him, about 200-300 million soms are needed for additional exploration of the two sections of the field. Kyrgyzaltyn JSC…
Jerooy deposit is expected to be commissioned in the first half of 2019, the Deputy Chairman of the State Committee for Industry, Energy and Subsoil Use of Kyrgyzstan Suyuntbek Alikeyev announced. According to him, a gold extraction plant and a tailing dump are being actively constructed at the field. The committee has confirmed that the…
Gold output of GV Gold rose by 50% YoY and by 27% QoQ, to 92,500 ounces in July-September, the company said in a statement on October 18. In January-September production grew by 64% YoY, to 220,300 ounces. In 2018 the company plans to produce 280,000-300,000 ounces of gold. (Prime/Ukrainian metal)
In January-September Polymetal Int. produced 801 thousand ounces of gold, up by 6%, 19.4 million ounces of silver, down by 4%, 2.5 thousand tons of copper (+33%) and 4.3 thousand tons of zinc (+20%). The overall output of gold equivalent was 1066 thousand ounces, up by 4%. Ore processing grew by 14%, to 11.4 million…
As of October 1, the Daksib LLC alluvial gold output in Irkutsk region totaled 160.6 kg, down by 26.3% YoY. As of October 1, 2017 the company washed 217.9 kg of gold. Last year the output totaled 232.6 kg. This year the company intends to extract 265 kg of gold. Daksib owns 4 licenses in…
In January-September Kazakhstan’s production of raw gold and semi-processed gold, or in powder form, increased by 12.9% YoY and amounted to 71,361 kg, the Statistics Committee of the Kazakh Ministry of National Economy reported. In the accounting period, the production of raw silver and semi-processed silver, or in powder form, reached 711,280 kg, down by…