Azerbaijan increased the volume of gold exports by 11.6% YoY in January-October, the Center for Economic Reforms Analysis and Communication of Azerbaijan reported in its “Export Review” for November. Exports amounted to $158.7 million versus $142.1 million in the same period last year. Gold ranked second in the list of non-oil exports. Moreover, the country…
In January-October, Beringpromugol mined 635.3 thousand tons of coal at the Fandyushkinskoye Field deposit in Chukotka, up by 18% YoY. Gold output amounted to 20.8 tons, on par with the previous year level. At the same time, alluvial gold output decreased by 427.6 kg, to 1.9 tons. Silver output fell by 4%, to 90.8 ton.…
This season, Dikt LLC has extracted 100 kg of alluvial gold in Amur region. The company is developing the Orel deposit. This year output increased by 50% YoY. Last year the output amounted to 66.5 kg of alluvial gold and in 2018 – 41 kg. Dikt has 17 licenses. (Ukrainian metal)
The State Expertise Service has allowed Pavlik to increase the capacity of its mining and processing works at the deposit with the same name to 10 million tons of ore per year. Balance reserves of the deposit amount to 173 tons of gold. In 2019, output reached 6.698 tons (215 thousand ounces). The deposit was…
The Chelbanya Quarry LLC, a Susumanzoloto daughter company, developing alluvial gold sites in Magadan region, has finished its washing season with 305 kg of gold, up by 8% YoY. This year the company intended to extract 300 kg of gold. Thus, the target was exceeded by 5 kg. The preparation for the alluvial season of…
Russian companies may raise their production of mined and by-product gold, including gold produced through recycling of scrap metal and waste, and of gold concentrate by 1% YoY, to 371.5 million tons in 2020, Chairman of the Union of Gold Producers of Russia Sergei Kashuba said during a forum on November 12. “As we receive…
Azerbaijan increased export of gold by 24.2% YoY in January-September. The country exported gold worth $150 million, up by $29.2 million. Azerbaijan exported gold worth $25.8 million in September, up by $12.7 million. Gold mining in Azerbaijan is currently carried out by two companies – AzerGold CJSC, which accounts for 51% in Azerbaijan’s gold output,…
The Irkutskaya Miners’ Team LLC has finished washing sends at the alluvial gold sites in Irkutsk region. The output totaled 300 kg of gold, up by 4%. The output plan has been fulfilled. (Ukrainian metal)