Russia: Gorniy site starts yielding gold

Kanchalano-Amguemskaya Ploschad LLC has begun industrial gold-extracting at the Gorniy site of the Zhilnoye deposits in Chukotka. The first ore has been sent to the gold-extracting factory of the Valunisty mine, and the first ingots are expected this month. By the end of the second quarter the company intends to have obtained 505 kg of…

Russia: Magadan region to sell 11 gold sites

In February Magadan region will hold auctions for the sale of 11 sites of alluvial and ore gold. All participation offers are accepted through February 12. Sites in Omsukchansk, Severo-Evensk, Srednekansk, Tenkin and Khasyn districts will be offered for sale. The cost of the lots depending on the site ranges from 1 million to 17.6…

Russia: Pavlik gold output up in 2017

In 2017 the gold-extracting company Pavlik obtained 6.5 tons of gold in 2017, up 1.7-fold, or by 66.7%. In 2016 at the Pavlik deposit the company mined 3.9 tons of gold. This year the company intends to obtain 7 tons of gold. The gold-extracting factory at the Pavlik deposit was commissioned in August 2015. In…

Russia: Amur region gold output up in 2017

In 2017 Amur region gold-extracting companies obtained 25.77 tons of gold, up by 15.56% YoY. Ore gold accounted for the most part of the yield – 17.53 tons, with alluvial gold at 8.24 tons. Petropavlovsk provided the most to the ore gold output last year, while the largest producer of alluvial gold was Priisk Solovievsky.…