Rosgeologia has finished the planned complex of gold ore prospecting works within the Kakadurskoye ore zone. In particular, the enterprise has discovered three ore bodies of up to 11 meters with the gold contents of 3.8 g per ton, silver – 14.4 g per ton, copper – 1%, zinc – 5.27% and lead – 1.59%.…
Since 2012 Kumtor Gold Company (KGC) has received claims from various Kyrgyz regulatory authorities seeking compensation of $465 million, the company’s annual Environment and Sustainability Report 2017 says. Centerra and KGC believe that such claims are without merit and have vigorously defended such claims in the Kyrgyz Republic courts and in international arbitration. In September…
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…
Kumtor Gold Company has released the Environment and Sustainability Report for 2017. The report is published to inform the governmental authorities, non-governmental sector and the general public about the environmental performance at the Kumtor mine and measures taken by the company to protect the environment. The publication of the report is a voluntary initiative of…
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…
In January-June Magadan region extracted 13.4 tons of gold, including 4.3 tons of alluvial gold and 9.1 tons of ore gold. Silver output reached 359 tons. Gold output increased by 14.5% YoY. At the same time silver manufacture demonstrated a slight decrease – by 2.7%. This year the region intends to yield 37 tons of…
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…
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…