Kazakhstan: gold output up in 2017

In 2017 Kazakhstan produced 85029 kg of gold, up by 13.8% YoY.

According to the Ministry of the national economy, silver output dropped by 10.8%, to 1058605 kg. (Ukrainian metal)

Russia: Gorniy site starts yielding gold

Kanchalano-Amguemskaya Ploschad LLC has begun industrial gold-extracting at the Gorniy site of the Zhilnoye deposits in Chukotka. The first ore has been sent to the gold-extracting factory of the Valunisty mine, and the first ingots are expected this month. By the end of the second quarter the company intends to have obtained 505 kg of…

Ukraine: gold and silver exports prohibited

Ukraine has retained the zero quota on gold, silver, precious metals wastes and scrap exports for 2018.

The corresponding norm is contained in the Cabinet of Ministers decree dated December 20 and published in the state newspaper Uryadovy Courier on December 23. (Ukrainian metal)

Russia: SBR Vertikalnoye resources increased

Silver Bear Resources Plc has increased the resources of its Vertikalnoye deposits in the Republic of Sakha (Yakutia) to 1.8 million ounces of silver. The resources have been moved to the Measured and Indicated category with the silver content of 1572 g per ton. At present the company is storing ore to start silver manufacture…

Russia: Russkaya Platina output in January-November 2017

In January-November the Amur artel, one of the Far Eastern enterprises of Russkaya Platina, obtained 1274 kg of platinum.

Amur Zoloto yielded 977.6 kg of gold and 633.8 kg of silver.

Alluvial gold sites of Buor and Ulakhan obtained 457.4 kg of gold.

Total gold output in 11 months reached 1444.6 kg. (Ukrainian metal)

Kazakhstan: gold output up in January-October 2017

In January-October the quantity of unwrought gold extracted in Kazakhstan equaled to 70.248 kg, up by 15.5% YoY.

According to the Statistics Committee of the Kazakh Ministry of National Economy, in the reporting period the output of unwrought silver amounted to 870,911 kg, down by 12.8% YoY. (Kazinform/Ukrainian metal)

Kazakhstan: gold output up in January-September 2017

In January-September Kazakhstan produced 62697 kg of raw gold, up by 16.3% YoY.

According to the Statistics Committee of the Ministry of the national economy, raw silver output totaled 792535 kg, down by 12.5% YoY. (Ukrainian metal)

Russia: Polymetal CEO prefers silver

Polymetal CEO Vitaly Nesis thinks that silver has more prospects than gold. According to him, demand for silver is much higher, while the output decreases. In time price of silver will grow. At the same time, it is difficult to forecast gold price. That’s why Polymetal CEO believes that silver is better than gold. “Silver…

Kazakhstan: 62.69 tons of gold produced in January-September 2017

In January-September Kazakhstan produced 62,697 kg of unwrought gold, up by 16.3% YoY.

According to the Statistics Committee of the Ministry of National Economy, production of unwrought silver in the reporting period amounted to 792,535 kg, down by 12.5% from January-September of 2016. (Kazinform/Ukrainian metal)

Russia: Khabarovsk krai yields 17.6 tons of gold

In January-September Khabarovsk krai obtained 17.588 tons of gold, up by 19.1% YoY. In particular, ore gold amounted to 13.891 tons, and alluvial gold – 3.696 tons. Silver output totaled 47.282 tons, up by 41.8%. Gold output increase was due to Svetloye LLC (Polymetal), Mnogovershinnoye (Rusdragmet LLC) and Amur Zoloto (Russian Platinum). Okhotskaya Mining and…

Russia: gold output up in H1 2017

Russian gold output increased by 5.93% YoY, to 122.3 tons in January-June, the Finance Ministry said in a statement on October 4 citing data on supplies to gold refineries. Mined gold output rose by 5.48%, to 96.3 tons in the period, while by-product gold output increased by 15.07%, to 8.4 tons, and gold scrap production…

Russia: Magadan region yields 21 tons of precious metals

As of today Magadan region has obtained over 21 tons of precious metals (gold as well as silver, calculated into gold), up by 3 tons YoY.

Alluvial share is 12 tons, and ore share – 9 tons.

This year the region has to provide 31 tons of precious metals. (Ukrainian metal)