In January-July Magadan region fulfilled the gold-mining plan by 51%, having obtained 15.9 tons of gold, up by 2.9 tons YoY. This year the region intends to get 30.9 tons of gold. The growth has been provided by the ore companies, which have mined 2.5 tons more than in 2016. The most gold has been…
Russian state geological exploration company Rosgeo has initiated exploration of gold and copper at a 121 square kilometer Yumtulsky prospective area in Russia’s easternmost Khabarovsk region through its subsidiary Dalgeophizika. According to the company statement on August 16, it plans to finish the survey until the end of 2019. (Prime/Ukrainian metal)
Construction of the gold-extracting factory is drawing to an end in Akmola region. “The work is 87% complete. The main premises machinery is being assembled, and the substation is being constructed”, the city of Stepnogorsk mayor’s office reported. The cost of the project is 11774 million tenge. The capacity of the factory will be 1.1…
Centerra Gold Inc. (Centerra) and Kumtor Gold Company (KGC) have summed up their operating results in the second quarter of 2017. In the first six months of 2017, KGC produced 266,023 ounces or 8274.25 kg of gold and contributed more than 4.7 billion soms in taxes and mandatory payments. During the second quarter of 2017,…
In January-July Azerbaijan obtained 3605 kg of gold, up 3.2-fold YoY. According to the State Statistics Committee, in July gold output totaled 480.2 kg. In 2016 Azerbaijan obtained 1894.1 kg of gold, down by 15% YoY. (Ukrainian metal)
In January-July precious metals miners of Chukotka mined 14.556 tons of gold and 75.956 tons of silver, all down by 13.38% and by 19.96% YoY. Alluvial gold yield totaled 1101.7 kg, down by 2.3 kg YoY, with ore gold at 13.454 tons, down by 14.31% because of the thinning of ore at some deposits. Kinross…
In January-June Neryungri-Metallik, a part of Nordgold, mining for gold at the Gross deposits in the Republic of Sakha (Yakutia), produced 768 kg of gold (24.7 thousand ounces). According to the company statement, in Q2 gold output totaled 463 kg (14.9 thousand ounces), up from 305 kg or 9.8 thousand ounces in Q1. In 6…
Vysochaishy is preparing to put the first stage of manufacture at the Taryn Mining and Processing Works into operation in September. In August 2016 the government approved of the infrastructure support of the project at the Drazhnoye deposits in Yakutia. The project capacity of the first stage is 700 thousand tons of ore per year…