Kazakhstan: gold production up in H1 2018

In January-June an overall production of unwrought gold and semi-processed gold or in powder form reached 44,965 kg, up by 8.4% YoY, Statistics Committee of the National Economy Ministry of Kazakhstan reports. In the accounting period gross output of unwrought and semi-processed silver or in the powder form made 494,145 kg, down by 9.3%. (Kazinform/Ukrainian…

Russia: gold output down in June 2018

Russia’s production of finished, semi-finished, and powdered gold fell by 13% YoY but rose by 26.5% MoM in June, the Federal State Statistics Service said in a report. In January-June gold production decreased by 1.2% YoY. Previously, absolute figures on production of non-ferrous metals were a state secret. The figures are no longer classified, but…

Russia: Ametistovoye produces 10 tons of gold

Ametistovoye Mining and Processing Works was put into operation in September 2015. In three years a lot has been done to develop the works. As the result, now the GOK is the largest gold-extracting enterprise in Kamchatka. Its capacity is 600 thousand tons of ore per year. Recently the enterprise has produced the 10th ton…

Kazakhstan: gold output to grow

Prime Minister Bakytzhan was presented a project for the construction of Altyn Ex mining and metallurgical plant in Altyndy. The company is currently developing the Yubileynoye field, one of the largest deposits of gold-bearing ores in the country. Also, according to the founder of the enterprise the construction of the plant will increase productivity, and…

Russia: Zolotinka gold output down

As of July 1, the gold-extracting company Zolotinka LLC has extracted 42 kg of gold in Amur region, down by 29% YoY. According to the regional ministry of natural resources, as of July 1, 2017 the gold output amounted to 59.1 kg. The company is extracting alluvial gold at two sites: in the Ostrovnaya River…