The project of a gold processing plant in Toguz-Toro district will be drawn up after consultation with the public and carrying out explanatory work with the local residents. This was announced during a meeting of representatives of GL Makmal Developing with the head of the State Agency for Environment Protection and Forestry, Abdykalyk Rustamov. According…
Uralelectromed has demonstrated the highest quality of refined gold, having confirmed its international status of Good delivery. The status has to be confirmed by LBMA members every three years. Uralelectromed has been a member of LBMA since 2006. For three years UEM has been producing 10.5 tons of gold per year. (Ukrainian metal)
TALCO Gold plans to construct a precious metals extracting and processing works in the north of Tajikistan. Construction is expected to have been completed by the end of 2019. Around 1 thousand jobs will be created. TALCOo Gold is a part of Talco. The latter received the gold deposits on the territory of Aynin district…
In January-March Nord Gold SE produced 225.1 thousand ounces of gold, down by 6% YoY and by 10% QoQ. Revenue grew by 2% YoY, to $300 million, mostly because of the increase of the gold sale price. At the same time revenue dropped by 6% QoQ. EBITDA was $126 million, down by 4% YoY and…
The First Vice Prime Minister held a meeting with the management of GL Makmal Developing the day before. According to the government’s press service, the parties discussed the events that took place on April 11 in Kazarman village, Toguz-Toro district of Jalal-Abad region, where the territory of the gold processing plant was set on fire.…
In January-April Russia increased raw and semi-raw gold, or in powder form output by 2% YoY. According to Rosstat, in April gold output grew by 14.1% YoY. At the same time, gold manufacture dropped by 8.3% MoM. (Ukrainian metal)
In 2018 StroyResourceGroup, which extracts gold in Primorye region, intends to obtain 10 kg of gold, up 10-fold YoY. In 2016 gold output was exactly 1 kg. The season for the company will start in June. At present the site is being prepared. StroyResourceGroup owns a license to the Nesterovsky site valid through May 23,…
In January-March Vysochaishiy produced 55 thousand ounces of gold, up 2-fold YoY. This increase has become possible thanks to the start of operation at the Drazhnoye and Ugakhan deposits in 2017. Ore output grew by 75%, to 1686 thousand tons, and processing – also by 75%, to 1748 thousand tons. Average gold price in Q1…