Armet LLC, a part of Anglo Russian Gold Ltd., will construct a mine with the capacity of 1.5 tons of gold per year at the Archiyskoye deposits. Investments into the construction of the mine with the ore processing capacity of 1.05 million tons will total 4.222 billion rubles. The public hearings of the project are…
As of July 10 Rise LLC has yielded 210 kg of gold. This year the company still operates at two sites: the Pravaya Vizualnaya stream and the Nelgyu River. This year Rise intends to wash 600 kg of gold, up by 23.7% YoY. The stream will yield some 80% of gold. In 2016 Rise yielded…
In January-June Anglo Asian Mining mined 23.218 thousand ounces of gold, down by 31,4% YoY at the Kedabek deposits. “The company also mined 85.087 thousand ounces of silver, 1.322 thousand tons of copper and produced 6.431 thousand tons of copper concentrate”, the company said in a statement. In 6 months the company sold 15.689 thousand…
Siberia Mining and Metallurgical Alliance (SiGma) will put the first stage of Ozernovsky Mining Works with the capacity of 100 thousand tons of ore or 2 tons of gold per year into operation in December. According to the company CEO Dmitry Filichkin, by September the works will have received all the machinery. In October-November it…
This year the Artel-DV LLC plans to obtain 30 kg of gold. At present the company is developing its only Primanjinsky alluvial site. The company began the washing season in June, and so far has yielded 4.5 kg of gold. Last year Artel-DV obtained 15 kg of gold. (Ukrainian metal)
In January-June Russia increased raw and semi-raw gold, as well as powder output by 7.4% YoY. According to the official statistics, June output increased by 10.5% YoY and by 50.7% MoM. (Ukrainian metal)
Kinross Gold is preparing to start developing the Moroshka and Sentyabrskoye deposits in Chukotka. Moroshka reserves are estimated at 6.86 tons of gold and 60-70 tons of silver, enough for 2 years. Kinross Gold started operating at the Kupol deposits in 2008, and the Dvoynoy deposits are being developed since 2013. The combined reserves at…
Chairman of the Board of Kyrgyzaltyn Almaz Alimbekov commented on reduction in the share of Kyrgyzstan in Centerra Cold Inc. Earlier it was reported that share of Kyrgyzstan decreased by 6% because of the additional issue of shares. According to Almaz Alimbekov, the additional share issue of Centerra Cold Inc. will allow Kyrgyzaltyn to receive…
