Bakyrchyk Mining Enterprise has been put into operation in the East Kazakhstan region. The enterprise will be developing a major gold project Kyzyl (Bakyrchyk and Bolshevik deposits). Its reserves are estimated at 280 tons of gold with the average content of 7.7 g per ton. When the enterprise reaches project capacity in 2019, it will…
The cost of the construction of the second stage of the Pavlik Mining and Processing Works in Magadan region is expected to amount to 15.5 billion rubles. The construction started in 2012. The development of the open pit began in late 2014. The first stage was commissioned in August 2015. In 2017 Pavlik reached the…
Polymetal International plc has put into operation a gold-processing factory at the Kyzyk deposits ahead of schedule and with lower expenses. On June 25 the first gold concentrate was obtained. The construction is expected to cost $325 million, down by 3% from the originally planned amount. The first deliveries to customers will start in late…
President of Tajikistan Emomali Rakhmon has given start to the construction of the large gold-processing factory Talco Gold, 50% of shares of which are owned by China. The constriction will last for some 18 months. The enterprise will produce 1.5 tons of gold and 16 tons of antimony per year from 2020. With the commissioning…
The first stage of the Ozernovsky GMK mining and metallurgic plant was launched on the Kamchatka Peninsula’s gold deposit on June 25, the regional government said in a statement. “This is the largest unit developed on Kamchatka and one of the most difficult from the point of view of logistics, weather conditions, characteristics arising from…
Centerra Gold Inc. agreed with the Government of the Kyrgyz Republic to further extend the first longstop date under the Strategic Agreement for Environmental Protection and Investment Promotion previously entered into with the government of the Kyrgyz Republic on September 11, 2017, Kumtor Gold Company website says. The First Longstop Date is the date by…
Rosgeologia will carry out prospecting works within the Spokoyninsky ore node in Aldan district of the Republic of Sakha (Yakutia). According to the tender documents, the enterprise will have to investigate the site with the size of 178.7 square km. Their main task is to estimate the forecast resources of R2 ore gold in the…
Russian state geological exploration company Rosgeo has won a contract to explore ore gold on the Spokoininskoye deposit in the republic of Yakutia with a bid of 160 million rubles. The works must be completed before 2021. The resource estimate is 40 tons of ore gold under the P2 category under the Russian industrial standards.…