Russia: Chukotka gold output down in 2020

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%,…

Kyrgyzstan: gold ore exports decrease

“Thanks to construction of gold-processing plants, we are moving away from the practice of exporting ore and concentrates,” the acting Prime Minister of Kyrgyzstan Artem Novikov said at Dzhamgyr gold field. Vertex Gold Company is engaged in ore mining there. The company was the first to resume work after the October 2020 events. Thanks to…


Russia: 110 gold deposits discovered in 2020

In 2020, Russia registered 110 new deposits with combined gold reserves of 145.39 tons. Moreover, one large platinum deposit with reserves of 10 tons was discovered – Konder in Khabarovsk region. Alluvial gold accounts for the most part of new deposits – 95 with the reserves of 28.629 tons. 13 ore gold deposits contain 113.935…

Russia: Sergeyevskoye deposit yields first gold

Orsu Metals has extracted its first gold at the Sergeyevskoye deposit in Zabaikalye region. Reserves are estimated at 25.09 million tons of ore with gold contents of over 1 million ounces. In September, the company extracted 102,583 tons of ore. Over 40 thousand tons were sent to a gold-extracting factory, which produced 38.2 kg of…

Azerbaijan: gold export up in January-October 2020

Azerbaijan increased the volume of gold exports by 11.6% YoY in January-October, the Center for Economic Reforms Analysis and Communication of Azerbaijan reported in its “Export Review” for November. Exports amounted to $158.7 million versus $142.1 million in the same period last year. Gold ranked second in the list of non-oil exports. Moreover, the country…