Azarga Metals Corporation has paid its half-year loan debt to Baker Steel Resources Trust (BRST) in 1,470,443 ordinary shares. The nominal cost of each share is C$0.06. Thus, Azarga has already paid some C$88.27 thousand ($66.849 thousand) to BRST. The corresponding agreement was concluded in February. The loan amounts to $3.5 million with the interest…
In January-September Kamchatka extracted 4322 kg of gold, including 4305 kg of ore gold and 18 kg of alluvial gold. Silver output totaled 7.3 tons. Compared with the 9 months of 2018, gold output grew by 9%, while that of silver decreased by 6%. Three gold-extracting enterprises were able to increase output: SiGMA produced 350…
Russian precious metals producer Polymetal International increased gold production by 25% YoY, to 1.005 million ounces, while silver output fell by 16%, to 16.4 million ounces in January-September. “Continued strong performance at Kyzyl is driving our production dynamics. We now expect to exceed our full-year production guidance (of 1.55 million ounces by up to 50,000…
In January-September gold output in Magadan region increased. In particular, as of October 1 the region has extracted 36.1 tons of gold, up by 6.3 tons YoY. Silver output totaled 492.8 tons. Tenkinsky City District mined the most ore gold – 14.5 tons. Alluvial gold accounted for 15.8 tons, with Yagodinsky City District yielding 6.2…
Shokpar and Gagarinskoye deposits have the reserves of over 21 tons of gold and 135 tons of silver. The reserves have been added to the state balance. In particular, the C1+C2 reserves of Gagarinskoye deposit amount to 2257.4 thousand tons of ore, 10104.3 kg of gold with the average content of 4.48 g per ton…
In January-September 18.74 tons of gold and 85.15 tons of silver were extracted on the territory of Chukotka Autonomous District, down by 2% YoY. Ore gold accounted for 16.52 tons, flat YoY, and alluvial gold – 2.23 tons, down by 11%. In January-September 2018 Chukotka extracted 19.07 tons of gold (16.56 tons of ore gold…
Russia’s output of unrefined and semi-refined or powder platinum and platinum group metals decreased by 0.2% YoY and by 9.7% MoM in September, the Federal State Statistics Service said without disclosing absolute figures. Silver output rose by 7.6% YoY, but fell by 3.7% MoM. In January-September the output of platinum and platinum group metals grew…
The physical volume of deals with gold on the Moscow Exchange fell by about 60% YoY, to 11.64 tons in January-September, the exchange said in a statement. Deals with silver more than doubled to 7.334 tons. In monetary terms, gold and silver deals amounted to 29.6 billion rubles, down from 76.1 billion rubles in the…