In January-March, Chukotka Autonomous District extracted 5315 kg of gold, almost unchanged YoY. Silver output dropped by 6.6%, to 25.6 tons. At present 5 enterprises are mining gold in the region: Chukotka Mining and Geological Company, Severnoye Zoloto LLC, Mayskoye LLC, Rudnik Karalveyem and Rudnik Valunistiy LLC. Alluvial gold extraction will last from May till…
In 2018 Canadian Silver Bear Resources Plc, developing the Mangazeya project in the Republic of Sakha (Yakutia), produced 594,921 ounces of silver. Ore mining totaled 80,831 tons, and processing – 51,147 tons with the average content of 780 g of silver per ton. Last year the company sold 433,095 ounces of silver valued at $6.4…
In 2018 Priisk Solovievsky, extracting gold in Amur and Zabaikalye regions, received 8.454 billion rubles of revenue, up by 28% YoY. Net profit grew by 15%, to 2.462 billion rubles. The improvement of financial indexes has to do with the growth of sales profit. Thus, while in 2017 the company sold 6.544 billion worth of…
Russia’s gold output rose by 13.8% YoY, to 17.84 tons in January, the Finance Ministry said on March 27 citing the data on supplies to the refining plants. Mined gold output rose by 15.1%, to 14.11 tons, while by-product gold output increased by 40%, to 1.26 tons, but gold scrap production fell by 0.8%, to…
In January-February, the volume of production of raw and semi-processed gold or in powder form was 14,315 kg in Kazakhstan, up by 5% YoY, the Committee on Statistics of the Ministry of National Economy reported. In the reporting period, the volume of production of raw and semi-processed silver or in the form of powder amounted…
Production of unwrought gold and semi-processed gold or in powder form reached 14,315 kg in January-February, up by 5% YoY, Statistics Committee of the National Economy Ministry of Kazakhstan reports.
In the accounting period output of unwrought and semi-processed silver or in the powder form made 128,576 kg, down by 5.1%. (Kazinform/Ukrainian metal)
In January-February Magadan region extracted 4569 kg of gold and 99.7 tons of silver. Gold output increased 1.8-fold YoY, while silver extraction did not change. In the first two months of 2017 the region yielded 2516.4 kg of gold. The considerable increase in gold output has to do with Natalkinskiy GOK reaching its design capacity.…
The Ministry of Industry and New Technologies is calling on the Tajik-Iranian gold-extracting company Pakrut to increase output and processing. Since 2014 Pakrut has been fully owned by China Nonferrous Metal International Mining Co., Ltd. The first gold ingots were produced in early 2017. The same year the Pakrut mine was damaged by snow avalanches.…
The physical volume of deals with gold on the Moscow Exchange remained flat YoY at 5.3 tons in February, the exchange said in a statement. The amount of deals with silver grew by 37.5%, to 2.461 tons. In monetary terms, gold and silver deals amounted to more than 11.4 billion rubles, down from 13 billion…
According to the authorities of the Magadan region, as of January 1, there were 168 enterprises with license for subsoil use in the region. Of them 100 were developing alluvial gold and 9 – ore gold and silver. Last year 37 tons of gold were extracted, up by 4 tons YoY. In 2 years gold…
The State Expertise Service has approved the project to develop the ore zone No. 1 of the gold-silver deposit Dvoynoye. The site is situated in Chukotka and will be developed by Severnoye zoloto LLC, a part of Kinross Gold. The company intends to mine 230 thousand tons of ore per year at the site. The…
In 2018 Russia produced 314.42 tons of gold and 1119.5 tons of silver, up by 4.2% and by 7.2% YoY respectively.
Most of the gold produced is purchased by the Central bank.
Last year it bought 8.8 million ounces of gold (273.7 tons). (Ukrainian metal)
Last year Khabarovsk region yielded 24.8 tons of gold, up by 1652 kg YoY. This is also the best result for the region ever. Khabarovsk region is still the only region in Russia to develop tin ore deposits. In 2018 it mined 1.5 tons of tin. Silver output totaled 62.2 tons, and platinum – 228…
Production of unwrought gold and semi-processed gold or in powder form reached 6,308 kg in January, up by 0.7% YoY, Statistics Committee of the National Economy Ministry reports.
In the accounting period the output of unwrought and semi-processed silver or in the powder form made 57,145 kg, down by 4.1%. (Kazinform/Ukrainian metal)
In January Magadan region extracted 2199.9 kg of ore gold and 53.5 tons of silver, Gold output grew by 67% YoY, mostly because of the growth of capacities at Pavlik and Natalka mining and processing works. Silver extraction dropped by 1.1%. This year the region intends to mine 40 tons of gold, up by 8.7%…
In January Khabarovsk region extracted 1314.5 kg of ore gold, up by 17.1% YoY. Silver output grew by 3.3%, to 4.3 tons. In January 2018 the region yielded 1122.2 kg of gold and 4.1 tons of silver. Alluvial gold sites will start working in May. Last year Khabarovsk region produced 24.591 tons of gold and…
Russia’s gold output rose by 2.45% YoY, to 314.42 tons in 2018, the Finance Ministry said citing data on gold supplies to refining plants. Mined gold output rose by 4.14%, to 264.41 tons, while by-product gold output decreased by 5.85%, to 15.44 tons, and gold scrap production fell by 5.55%, to 36.6 tons. Russia’s silver…
In January Chukotka Autonomous District extracted 1665 kg of gold and 8.7 tons of silver, down by 5% and by 19% YoY. At present only ore gold is being mined. 5 companies are involved in the process. Alluvial gold sites development will start in May. 7 companies will operate there. In 2018 Chukotka obtained 24,130…
The project to develop Ozernoye lead-zinc deposit in the Republic of Buryatia has been presented to the president representative in the Far East District, Yuri Trutnev, in order to receive state support. The license from December 2018 is owned by Ozernoye LLC. The deposit is one of the 10 largest zinc deposits in the world.…
In 2018 GRK Darkhan LLC, developing the Kirchenovskoye deposit in Zabaikalye, sold 327.3 kg of gold and 17 tons of silver, up 1.9-fold and 2.5-fold YoY respectively. The increase is due to the growth of ore processing. While in 2017 Darkhan processed 83 thousand tons of ore, in 2018 it processed 303.1 thousand tons. Revenue…
In 2018 Ukraine decreased the output of semi-wrought gold by 61.5% YoY, to 5 kg.
Unwrought silver (or powder) output also decreased – by 32.4%, to 1527 kg.
Semi-wrought silver manufacture fell by 50.2%, to 495 kg. (Ukrainian metal)
In January-November 2018 Russia produced 290.3 tons of gold, up by 2% YoY.
Mined gold output grew by 4%, to 243.89 tons.
The manufacture of secondary and associated gold fell by 10%, to 14.43 tons and by 4%, to 31.98 tons respectively.
Silver output grew by 8%, to 1 thousand tons. (Ukrainian metal)
In 2018 the largest gold extractor of Kamchatka region – Ametistovoye – produced 3105 kg of gold and 11.4 tons of silver, down by 29% and by 20% YoY respectively. The decrease in the output is not explained. This year the company intends to start constructing a mine at the Ametistovoye gold deposit. The license…
In 2024 the government of Russia expects the gold output to increase by 12.3% compared to 2018 (287.3 tons). Such indexes are set in the strategy of the mineral and raw material base development until 2035. In 2024 gold output is expected to hit 322.6 tons. Thus, annually gold extraction has to increase by 6…