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.…
According to the Ministry of Finances, in January-August Russia produced 214.59 tons of gold, down by 7.5% YoY. The decrease was due to the drop of secondary metal production (19.13 tons, down by 53.1%). Moreover, the amount of auxiliary metal decreased by 10.9%, to 11.31 tons. Extracted gold accounted for 184.15 tons, up by 3%.…
Azerbaijan exported precious metals worth $97.5 million in January-July, with Switzerland accounting for the whole volume of export. 4,179 tons of gold and silver were exported to the world markets during the reporting period. The share of gold in the total amount of precious metals export amounted to 2,320 tons worth $96.4 million, while silver…
Production of gold and silver has risen by 16% and by 1%, respectively in Kazakhstan. The country has also reported increases in production of aluminum, copper and lead, thus the production of the base precious and non-ferrous metals amounted for 2.4 trillion tenge in 8 months of 2020. More than half of the total production…
In January-June, the Sakhalin-based Kurilgeo LLC received a revenue of 1.6 billion rubles from the sales of precious metals, up by 7.4% YoY. The result is due to the 26% increase in average gold price. Profit grew by 67%, to 491 million rubles. In H1, Kurilgeo produced 437 kg of gold, down by 14% YoY.…