In 2020, VTB provided 2.5 billion rubles to gold extractors of Yakutia, up by 2% YoY. The volume of precious metals bought in Yakutia grew by 9%, to over 4 tons, including 3.7 tons of gold (+4%) and 0.3 tons of silver (+125%). “In the corona-stricken year of 2020, the prices of gold and other…
In January, Russia produced 18.92 tons of gold, down by 1 ton YoY. Ore gold output amounted to 15.56 tons, down from 16.12 tons. Amur region demonstrated the largest drop – by 45.9%. Krasnoyarsk region increased output by 6%, to 3.8 tons, and Chukotka by 13%, to 1.8 tons. Magadan region decreased output by 3.2%,…
In January-February, Magadan region extracted 4.7 tons of gold, up by 0.4 tons YoY. Silver output amounted to 92.2 tons. Alluvial season will begin in late April. Tenkinskiy city district yielded the most gold – 3.4 tons, while Omsukchansk district – 86.5 tons of silver. (Ukrainian metal)
As of February 1, Magadan region extracted 2383.6 kg of gold and 48.8 tons of silver. Gold grew by 101.2 kg YoY, while silver dropped by 2.1 tons. The main gold-extracting region was Tenkinskiy city district (1799.9 kg) and silver – Omsukchanskiy (45.2 tons). (Ukrainian metal)
In 2020, Yakutia produced 78.1 tons of silver, up by 15% from the target. The Prognoz company operating in the Kobyaiskiy district yielded 59.3 tons. This year the region intends to extract 98 tons of silver. (Ukrainian metal)
In January-November 2020, gold output in Russia decreased by 7% YoY, to 314.41 tons. Silver production dropped from 903.7 tons to 873.9 tons. According to the Ministry of Finances, Russia ranks second after China in gold output. (Ukrainian metal)
In 2020, Kamchatka Autonomous District increased gold output by 9% YoY, to 6863 kg. 6 enterprises mined gold last year. In particular, the Trevozhnoye Zarevo, developing the Asachinskoye deposit, increased output by 8%, to 1402 kg, and Kamchatskoye Zoloto produced 1049 kg, up by 68%. The output of SiGMA at the Ozernovskoye deposit amounted to…
The combined gold production of companies in Magadan region rose by 6.01%, to 49.143 tons in 2020, the regional government said in a statement on January 20. Output of lode gold rose by 8.64%, to 30.363 tons, and of alluvial gold by 2.02%, to 18.78 tons. Silver output fell by 13.48%, to 572.485 tons. In…
Gold production on Russia’s Chukotka peninsula decreased by 0.16% YoY, to 25.42 tons in 2020, a representative of the regional government’s department for natural resources and environment reported in January 19. Production of silver fell by 4.99%, to 106.105 tons. Production of Chukotka Mining and Geological Company, a unit of Kinross Gold, fell by 5.4%,…
In January-October 2020, Russia produced 288.98 tons of gold, down by 6% YoY. The decrease was due to the drop in the by-product and secondary gold output by 9.4%, to 14.3 tons, and by 44.%, to 26.76 tons, respectively. The share of extracted gold increased by 1.3%, to 247.92 tons. The Far East Federal District…
In January-November 2020, Chukotka Autonomous District yielded 20873 kg of gold, on par with the previous year level. Ore gold output grew by 2%, to 18970 kg, while alluvial gold – dropped by 18%, to 1903 kg. The district also produced 90.8 tons of silver, down by 4%. (Ukrainian metal)
As of December 1, Magadan region has yielded 46.6 tons of gold and 532.7 tons of silver. Gold output grew by 2.9 tons YoY, while silver dropped by 79.9 tons. Ore gold accounted for 28.1 tons and alluvial – 18.5 tons. (Ukrainian metal)
In January-October, Beringpromugol mined 635.3 thousand tons of coal at the Fandyushkinskoye Field deposit in Chukotka, up by 18% YoY. Gold output amounted to 20.8 tons, on par with the previous year level. At the same time, alluvial gold output decreased by 427.6 kg, to 1.9 tons. Silver output fell by 4%, to 90.8 ton.…
In January-September, Chukotka extracted over 560 thousand tons of coal at the Fandyushkinskoye Field deposit, up by 22% YoY. The district mined 18.6 tons of gold, down by 0.9%, and 79 million tons of silver, down by 7%. Alluvial gold enterprises extracted 1864 kg of gold, down by 363 kg. (Ukrainian metal)
Following prospecting works in Khabarovsk region, Amur Zoloto has set its reserves at 1187.4 ounces of gold and 1281 ounces of silver. Gold reserves grew by 22% YoY. The estimation included data on several assets – Yubileynoye, Perevalnoye and Malyutka deposits as well as alluvial sites. Krasivoye deposit (Yubileynoye hub) contains 640 thousand ounces of…
In January-August, Solnechniy district of Khabarovsk region increased tin output by 12.5% YoY. The increase is due to the growth of ore processing by 24%. Moreover, tin-rich ore was processed with average metal content of 63%. In Soviet time, the district yielded 4 thousand tons of tin and 8 thousand tons of copper concentrate. Last…
Trans-Siberian Gold Plc (TSG) intends to increase average annual gold output in Kamchatka 2-fold, to 2.8 tons. The increase will be due to the commission of the second mine at the Asachinskoye deposit node No. 25, as well as the development of the Rodnikovoye deposit. The second mine will be put into operation in 2020.…