Natalka Mining and Processing Works, the main new project of Polyus, has received the first batch of Dore gold. The company is testing the new machinery. Polyus expects the project to reach full capacity by late 2018. Natalka gold-extracting factory with the capacity of 10 million tons of ore is the largest in Russia. It…
Three gold deposits in Naryn region of Kyrgyzstan were sold for $1.8 million, the State Committee of Industry, Energy and Subsoil Use reported. Following the auction on the Small Naryn field (placer gold, geological exploration), Egiz-Suu LLC, which offered $53,000, was declared the winner. The winner of the auction for the right to use the…
Prime Minister Sapar Isakov met with the Chief Executive Officer at Centerra Gold Inc. Scott Perry. According to the press service, during the meeting the current state and prospects of joint cooperation were discussed. The head of government noted that the Kyrgyz side, as the largest shareholder, was interested in the stable operation of the…
On November 21-22 the Department of subsoil use of the Central and Siberia Federal Districts held 5 auctions to sell alluvial sites in Zabaikalye region. Zabgoldprom LLC won the auction on the Undurga River site with 220 kg of gold. The company paid 38.76 million rubles for the lot. The site on the river Bombando…
In 2017 Khabarovsk region intends to mine 22 tons of gold. The previous record was set in 2004, when the enterprises of the region mined 21.1 tons of gold. In January-October the region obtained 19.845 tons of gold, up by 18.5% YoY, including 15.909 tons of ore gold and 3.936 tons of alluvial gold, up…
Construction of a gold recovery plant and a tailing dump began at Jerooy deposit. According to the head of the State Committee of Industry, Energy and Subsoil Use, Ulan Ryskulov, the development of Jerooy deposit is one of the largest national projects that will have a great impact on the social and economic development of…
The city of Yakutsk has held 4 auctions for the sale of alluvial gold sites. The most expensive lot was the site at the Chuguun brook and tributaries. The initial price during the sale increased 108-fold. Thus, Poisk Zoloto has to pay 153.45 million rubles. The Artyk site was purchased by Vostok LLC for 2.107…
Darasun Mine LLC will resume gold mining in December. “We are now cleaning and restoring the air and water ways. Water will be pumped out in January-February 2018, after that we will examine the lower horizons”, the company said. The mine is now drying out shaft horizons, examining the gold-extracting factory and purchasing spare parts.…