Russia: 110 gold deposits discovered in 2020

In 2020, Russia registered 110 new deposits with combined gold reserves of 145.39 tons. Moreover, one large platinum deposit with reserves of 10 tons was discovered – Konder in Khabarovsk region. Alluvial gold accounts for the most part of new deposits – 95 with the reserves of 28.629 tons. 13 ore gold deposits contain 113.935…

Russia: Sergeyevskoye deposit yields first gold

Orsu Metals has extracted its first gold at the Sergeyevskoye deposit in Zabaikalye region. Reserves are estimated at 25.09 million tons of ore with gold contents of over 1 million ounces. In September, the company extracted 102,583 tons of ore. Over 40 thousand tons were sent to a gold-extracting factory, which produced 38.2 kg of…

Azerbaijan: gold export up in January-October 2020

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…