In 2019, Kurilgeo LLC, developing gold sites in Sakhalin, received 3.5 billion rubles from the sales, on par with the previous year results. Net profit decreased by 6.4%, to 971.8 million rubles. Tax payments exceeded 1.4 billion rubles, including 1.1 billion rubles of profit tax. Last year, the company produced 1106 kg of gold, down…
The volume of Azerbaijan’s gold and silver mining industry increased by 23% and by 72% YoY respectively in January-March, the State Statistics Committee reported. Thus, gold mining increased by 23%, to 948.3 kg, while silver mining amounted to 1,193 kg (+73%). The extracted gold and silver have been transferred for processing. As of April 1,…
In January-February, Chukotka Autonomous District extracted 3485 kg of gold and 16 tons of silver. Gold output grew by 9%, but that of silver dropped by 6% YoY. In January-February 2019 the region yielded 3206 kg of gold and 17 tons of silver. The alluvial gold season will start in June. Last year the region…
The physical volume of gold deals on the Moscow Exchange slid by 76% YoY, to 1.285 tons in January-February, according to the Moscow Exchange. The volume of silver deals soared by 70%, to 5.774 tons. In monetary terms, the gold deals fell to 4.5 billion rubles from 11.4 billion rubles. In February, the gold deals…
The Ministry of Natural Resources and Ecology of Magadan region expects gold output this year to amount to 46 tons. Last year 46.355 tons were extracted. Polyus Magadana yielded the most gold – 12.888 tons, or 27.8% of the total output. Polymetal extracted 6.985 tons of gold, and Pavlik deposit yielded 6.698 tons. Silver extraction…
The volume of gold extracted in Azerbaijan last year compared to the results for 2018 increased by one fifth (21.3%) and silver – by one third (33.2%), Zakir Ibrahimov, Chairman of the Executive Board of AzerGold CJSC, said at the company’s press conference on the results of 2019. Despite that last year the company planned…
In January, Khabarovsk region produced 1494.4 kg of gold, up from 1314.5 kg in January 2019. Alluvial gold extraction will begin in May-June depending on the weather. Silver output decreased by 24.6%, to 3237.7 kg, mostly due to the lower content in ore. In January 2019, the region yielded 4292.4 kg of silver. (Ukrainian metal)
According to the Ministry of Natural Resources and Ecology of Magadan region, in January gold output totaled 2282.4 kg, up by 82.5 kg YoY. Tenkinskiy city district yielded 1709.9 kg of ore gold. Omsuchanskiy district was the main silver extractor with 50.6 tons. Last year, gold output in the region totaled 46.36 tons, up by…
