Russia: large gold field discovered in Magadan region

Geologists of the Magadan region have discovered a gold field with resources amounting to several dozen tons, a regional division of geological exploration company Rosgeo, also known as Rusgeology, said in a report on March 16. The newly discovered Khulgannakhskaya block is located 102 kilometers off the Omchak village, where the nearest Matrosov mine is…

Russia: Vysochaishy to get state support

The Vysochaishy Company intends to get the state support from the Ministry of economical development for the investment projects in the Baikal region. The company wants to get into the list of regional projects participants by submitting an inquiry to the ministry of the economical development of the Irkutsk region. The Vysochaishy project deposits are…

Kyrgyzstan: residents of Batken region oppose development of Shambesai deposit

Residents of Batken region opposed development of Shambesai gold deposit. The State Committee of Industry, Energy and Subsoil Use tried to tell them about the advantages of the project. Representatives of Z-Explorer Company held a presentation of Shambesai project with explanation of the proposed technology for development of the field and measures for environmental protection,…

Kyrgyzstan: problems with Kyrgyzaltyn mines

Problems of Makmal reached the walls of the Parliament. Last week, the state of affairs at the gold mine was discussed by the parliamentarians of the committee on the fuel and energy complex and subsoil use. It was also attended by the head of Kyrgyzaltyn Almaz Alimbekov. He said that Makmal reserves were depleted. With…

Azerbaijan: AzerGold to produce over 1 ton of gold

The AzerGold company, which is engaged in exploration, development and management of non-ferrous metal deposits, plans to produce almost 1.3 tons of gold and two tons of silver at the Chovdar mine in Azerbaijan’s Dashkasan district in 2017, according to the report on the activities of the Azerbaijani government for 2016. In the subsequent years,…