In January-May Kazakhstan produced 36621 kg of raw and semi-raw gold (powder), up by 7.2% YoY.
According to the Statistics Committee of the Ministry of national economy, silver output, on the other hand, dropped by 7.7%, to 410532 kg. (Ukrainian metal)
Russia’s output of unrefined and semi-refined or powder platinum increased by 1.6% YoY and by 3% MoM in May, the Federal State Statistics Service said in a statement without disclosing absolute figures. Silver output increased by 11.9% and by 12.8% respectively. In January-May output of platinum grew by 4.4% YoY and of silver by 16.9%.…
In January-May Chukotka Autonomous District yielded 9.813 tons of gold, down by 5.8% YoY. At present, because of the weather conditions only ore gold is extracted in the region. Silver output dropped by 14.6%, to 49.117 tons. In January-April the leader in precious metals mining was the Chukotka Mining and Geological Company. At its Kupol…
In January-May Magadan region obtained 8.363 tons of gold and 297.8 tons of silver, up by 794.2 kg and by 1.3 tons YoY respectively. The Tenkinsky city district was the leader in ore gold mining having provided 4.5 tons of gold. Alluvial gold output totaled 1106.3 kg, with Susuman city district providing the most –…
In January-May Khabarovsk region yielded 7232.7 kg of gold, up by 12.4% YoY. Resursy Albazino LLC, a part of Polymetal, has provided for 40% of the total volume. The company is mining for gold at deposits of the district named after Polina Osipenko. Alluvial gold accounted for 443.7 kg of the total volume, down by…
In January-April Zapadnaya Mining and Ore Company mined 112 kg of ore gold at the Badran deposits in the Republic of Sakha (Yakutia). Silver output totaled 8.4 kg. Actually, this volume was obtained in 2 months, as in March the company did not mine. In late February the company license was revoked. By April Zapadnaya…
In January-April Khabarovsk region obtained 4797.8 kg of gold, up by 8.5% YoY. Silver output totaled 16619.8 kg, down by 9%. The decrease has to do with the thinning of the Khakandzhinskoye deposits reserves. According to the regional Ministry of natural resources, silver output will continue falling. In 2017 Khabarovsk region obtained 23147 kg of…
The gross output of raw and semi-processed gold in the powder form reached 28,848 kg in January-April, up by 8.4% YoY.
The overall output of raw and semi-processed silver in the powder form amounted to 334,194 kg, down by 6.5% YoY, the Statistics Committee of the Kazakh National Economy Ministry reports. (Kazinform/Ukrainian metal)
In January-April Magadan region mined 5660.8 kg of gold, up by 11.5% YoY. Silver output dropped by 2.6%, to 230.2 tons. Pavlik Gold-Extracting Company provided the most gold. Serebro Magadana was the leader in silver manufacture. The company also obtained 444 tons of lead. This year the region intends to get 37.1 tons of ore…
In January-April Chukotka obtained 7.033 tons of gold, down by 8.5% YoY. Silver output dropped by 17.8%, to 35.89 tons. Chukotka Mining and Geological Company (Kinross Gold) was the leader in mining, having obtained 3.222 tons of gold, up by 106.3 kg YoY. Silver output totaled 31.403 tons. Last year the region yielded 25.3 tons…
In January-March the Republic of Sakha (Yakutia) mined 2.4 tons of gold, up by 27% YoY.
This year the region intends to obtain 25 tons of gold.
Silver mining in 3 months increased by 88% YoY, to 43.8 tons.
The goal for this year is 80 tons of silver. (Ukrainian metal)
Polymetal International plc has confirmed the acquisition of a 50% stake in the silver deposits of Prognoz for $140 million, to be paid in Polymetal shares. As the result of the deal Polymetal stake in Prognoz reached 100%. The total cost of the purchase reached $215 million, including $3 million paid for the initial 5%,…
In 2018 Kamchatka region intends to obtain 6800 kg of gold and 16.5 tons of silver. Ore gold companies will provide for the main part of the output – 6700 kg. Alluvial gold companies have to obtain at least 100 kg. In case the output target is met, gold output will grow by 2% YoY,…
Polymetal Int intends to become the sole owner of the Prognoz silver deposits in the Republic of Sakha (Yakutia) by purchasing another 50% in the project. According to Polymetal chief executive director Vitaly Nesis, the deal could be struck in Q2. On April 13 the company announced the finalization of the deal to buy 45%…
In January-March Serebro Magadana (a part of Polymetal) mined 381 kg of gold and 170 tons of silver. Omsuckchanskaya factory processing grew by 2%, to 484 thousand tons of ore. Gold output increased by 25% YoY, while that of silver remained on the previous year level. The growth of gold output has to do with…
In Q1 Khabarovsk region obtained 3519.6 kg of ore gold and 12.8 tons of silver, up by 8.4%, but down by 5.5% YoY respectively. This year the region intends to yield 23450 kg of gold, up by 1.3% YoY. Alluvial gold season will start in May, so at present only ore gold is mined. Last…
As of April 1, the gold-extracting companies of Magadan region mined 3933 kg of ore gold, with 1417 kg obtained in March. Silver output in three months totaled 163.9 tons. Gold mining increased by 11% YoY, while that of silver dropped by 8.3%. The decrease has to do with the scheduled drop of output at…
In January-March Chukotka yielded 5.323 tons of gold, down by 5% YoY. Silver output totaled 27.5 tons. Chukotka Mining and Geological Company, a part of Kinross Gold, was the leader in gold mining, having obtained 2.408 tons, up by 86.9 kg YoY. Silver output reached 24.586 tons. Rudnik Karalveyem (Auramine Resources) mined 403.8 kg of…
In January-February Russia increased raw and semi-raw platinum output by 5% YoY, and silver – by 48%.
According to the Federal Service of State Statistics, in February platinum output grew by 3% YoY, and silver – by 3.3%.
As to January platinum manufacture increased by 56.9% and silver – by 51.3%. (Ukrainian metal)
The project on the development of the Durminskoye gold-silver deposits will require 3 billion rubles. “We are prepared to start developing the site this year. But now the issue of financing is critical. We’re negotiating with a potential investor”, the Eastern Mining-Ore Company LLC CEO Anatoly Petukhov said. By 2018 the company has carried out…
As of March 1, Magadan region obtained 2516 kg of gold, up by 18% YoY. At present only ore gold is mined. Alluvial season will start in May. Silver output so far has totaled 101.2 tons, down by 13.7% YoY. The decrease, seen since last year, has to do with the scheduled drop in output…
In January and February Kazakhstan’s production of raw gold and semi-processed gold, or in powder form, increased by 4.7% YoY and amounted to 13,562 kg. According to the Statistics Committee of the Kazakh Ministry of National Economy, in the accounting period the production of raw silver and semi-processed silver, or in powder form, equaled 151,425…
In January-February Chukotka Autonomous District obtained 3.425 tons of gold, down by 4% YoY. Silver output dropped by 13%, to 19.546 tons. In January gold output in the district decreased by 7.3%, and silver – by 20%. 2 Kinross Gold companies, a Polymetal Company, as well as Rudnik Karalveem LLC and Rudnik Valunisty LLC mine…
In January Kazakhstan’s production of raw gold and semi-processed gold, or in powder form, increased by 8.7% YoY and amounted to 5,978 kg. According to the Statistics Committee of the Kazakh Ministry of National Economy, in the reporting period the production of raw silver and semi-processed silver, or in powder form, was equal to 59,644…
Polymetal International plc has concluded an agreement on increasing its share in the Prognoz silver deposits to 50% by acquiring 45% for $72 million to be paid in Polymetal shares. Prognoz is the largest undeveloped deposit of primary silver in Eurasia. Its resources are estimated at 292 million ounces of silver with the content of…
In January the Zabaykalye region mined 281.7 kg of ore gold, up by 3.5% YoY. As of February 1, Mangazeya Mining LLC, Darkhan LLC and Novoshirokinsky Mine have been mining for gold. Silver output reached 1200 kg. Only Novoshirokinsky Mine extracts silver. In 2017 the region obtained 13 tons of gold and over 40 tons…