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Russia: Uryum gold output down in 2019

Since the start of the washing season Uryum has extracted 159.3 kg of gold, down by 6.3% YoY. The company started operating at its sites on May 20. The decrease in the output is due to flooding of some sites. Uryum is developing alluvial deposits in Zabaikalye region. In early July the Bukhta-Bugarikhta and Bolshemogochinshkoye…


Ukraine: AMKR to lose $1 million due to environmental probe

ArcelorMittal’s Ukrainian steel mill will lose $1 million this month after a key piece of steelmaking equipment has been seized following a security service investigation, the plant’s acting head Oleksandr Ivanov said. The probe into Ukraine’s largest private foreign investor is seen as an early test for the presidency of Volodymyr Zelensky, who has promised…


Uzbekistan: gold production to increase

Uzbekistan produces more than 100 tons of gold annually. Navoi and Almalyk mining and metallurgical plants account for 20% and 70% of the total precious metal production in the country, respectively. Uzbekistan intends to bring the annual gold and silver production to 300 tons by 2021, according to the Ministry of Justice. This is envisaged…