The project on the development of the Durminskoye gold-silver deposits will require 3 billion rubles. “We are prepared to start developing the site this year. But now the issue of financing is critical. We’re negotiating with a potential investor”, the Eastern Mining-Ore Company LLC CEO Anatoly Petukhov said. By 2018 the company has carried out…
In January-February Russia increased the manufacture of raw and semi-raw gold by 2% YoY. According to the Federal Service of State Statistics, in February output grew by 9.5% YoY and by 40.4% MoM. (Ukrainian metal)
Full-scale operations in Kyzyl, a large gold mine in the East Kazakhstan region, will start in 2019. “Using state-of-the-art technologies, the Bakyrchik Ore Mining and Processing Enterprise is developing a gold deposit with a capacity of 2 million tons of ore per annum. The project will reach the ultimate capacity in 2019 “, Deputy Head…
As of March 1, Magadan region obtained 2516 kg of gold, up by 18% YoY. At present only ore gold is mined. Alluvial season will start in May. Silver output so far has totaled 101.2 tons, down by 13.7% YoY. The decrease, seen since last year, has to do with the scheduled drop in output…
In January-February Azerbaijan obtained 1353.4 kg of gold, up 7.5-fold YoY. According to the State Statistics Committee, in February gold output totaled 608.3 kg. Last year the country yielded 6390.8 kg of gold, up 3.4-fold YoY. Gold and silver in Azerbaijan are mined at the Kedabek and Gosha deposits. (Ukrainian metal)
Armet LLC, a part of Anglo Russian Gold Ltd, in June intends to start constructing the Rudnik Archikoy mine in Zabaykalye region. In March the project documents will be submitted for the state expertise. In 2019 it is expected to mine 346 thousand tons of ore. The construction of the mine with the capacity of…
In January and February Kazakhstan’s production of raw gold and semi-processed gold, or in powder form, increased by 4.7% YoY and amounted to 13,562 kg. According to the Statistics Committee of the Kazakh Ministry of National Economy, in the accounting period the production of raw silver and semi-processed silver, or in powder form, equaled 151,425…
In January-February Khabarovsk region yielded 2216.2 kg of gold and 8.4 tons of silver, up by 3.8%, but down by 1.5% YoY respectively. At present only ore gold is extracted in the region. The alluvial gold season will start in May and last till late October. This year it is planned to obtain 23450 kg…
