Russia: gold output down in January-July 2021

In January-July, Russia produced 173.99 tons of gold, down by 1.3% YoY. Extracted gold accounted for 145.88 tons, down by 2.8%. In particular, Amur region decreased output by 30.2%, to 11.29 tons. Krasnoyarsk region produced the most gold – 32.29 tons, up by 2%, Magadan region – 25.15 tons, up by 3.5%, and Yakutia –…

Russia: Kundumi development approved

The State Expertise Office of Russia has approved design documentation of the first stage of the Kundumi deposit development in Khabarovsk region. The deposit will be developed by Okhta Mining and Geological Company. During the first stage, around 200 thousand tons of ore will be extracted each year. In Q1, the company extracted 103.8 thousand…