“An investor from China doesn’t modernize production at Makmalzoloto,” Kyrgyzaltyn JSC cited deputy of the parliament Kozhobek Ryspayev. Yesterday he said that the investor, who was ready to work at Makmal, was tripped up. Kyrgyzaltyn specified that it was not a question of modernizing the existing production at Makmalzoloto plant. Kyrgyzaltyn signed an agreement with…
Russian gold bar production rose by 5.4% YoY but fell by 6.1% MoM in September, the Federal State Statistics Service said. In January-September, gold bar production increased by 8.1% YoY. In 2016, Russia’s gold bar output fell by 7.8%. Previously, absolute figures on the production of non-ferrous metals were a state secret. The figures are…
In January-September Petropavlovsk Plc produced 336.4 thousand ounces of gold at its 4 mines in Priamuriye, up by 12.8% YoY (298.1 thousand ounces). The Pioneer mine yielded 131.8 thousand ounces, up by 25% YoY, Albyn mine – 138 thousand ounces, up by 10.3%, and Malomyr mine demonstrated the growth of 9.5%. At the same time,…
In January-September Priisk Solovievsky yielded 2636 kg of gold. In Amur region the company obtained 2531 kg of gold, up by 63.6% YoY (1440 kg). In Zabaykalye region gold output totaled 285 kg, down by 11% YoY. This year the company intends to obtain 3300-3500 kg of gold. Last year the yield was 2482 kg…
In January-September Kazakhstan produced 62,697 kg of unwrought gold, up by 16.3% YoY. According to the Statistics Committee of the Ministry of National Economy, production of unwrought silver in the reporting period amounted to 792,535 kg, down by 12.5% from January-September of 2016. (Kazinform/Ukrainian metal)
In January-July Russia produced 157.19 tons of gold (145.95 tons in 2016), including 126.39 tons of mined gold (117.76 tons), 10.41 tons of accompanying gold (8.46 tons) and 20.39 tons of secondary gold (19.73 tons). Silver output totaled 593.19 tons (581.07 tons), including 268.25 tons of mined silver (291.74 tons), 196.84 tons of accompanying silver…
In January-September Khabarovsk krai obtained 17.588 tons of gold, up by 19.1% YoY. In particular, ore gold amounted to 13.891 tons, and alluvial gold – 3.696 tons. Silver output totaled 47.282 tons, up by 41.8%. Gold output increase was due to Svetloye LLC (Polymetal), Mnogovershinnoye (Rusdragmet LLC) and Amur Zoloto (Russian Platinum). Okhotskaya Mining and…
Russian Platinum has postponed the start of the Jerui deposits development for 2 years. According to the license, this year a gold-extracting factory should have started operation at the site. But Russian Platinum just starts preparation works. For the delay the company will be fined $100 thousand each month. Jerui was supposed to yield some…